October 3, 2008, Newsletter Issue #63: How to Buy a Used Car

Tip of the Week

Buying used cars is more common today than ever before. That’s because the likelihood of getting a reliable car at a great price is very high. If you are interested in pre-owned car sales, here are some tips to get you started.

Determine How Much You Can Spend
Remember, owning a car requires more than making a monthly payment. Buyers should also consider all other associated costs of ownership to make the most financially sound decision.

Research All Cars in Your Price Range
Don’t eliminate any used cars from the list until you’ve had a chance to learn about them. Research:

Reliability Mileage Insurance Costs Consumer Satisfaction Maintenance and Repair Costs History of any recalls Handling SafetyThe way a used car looks is important, but appearance shouldn’t be considered apart from the above list. Take all factors together to come up with a list of possible choices and research these more in depth.

Look for Used Car Dealers that Carry the Cars You Are Considering.
Learn about the history of each vehicle before you take a test drive. Unfortunately, test drives cause many buyers to throw caution to the wind. Just because the car shines in the sun and handles well on the drive doesn’t mean it is the best choice.

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