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How to Buy a Pre Owned Car

Sat, 26 Dec 2009 17:07:42 +0000

The Internet Car Guy asked:

You are already making a wise decision by deciding to buy a pre owned vehicle, the problem is, you just don’t know how to buy a pre owned car and save thousands of dollars on your car purchase. Here are some sure fire ways to save you money on your next pre owned car:

Before shopping for a pre owned car, think about your driving habits, your needs, and your budget

Learn about car models, options, and prices by reading newspaper ads, both display and classified

If you finance the cost of the car, consider how much you can put down, your monthly payment, the length of the loan, and the annual percentage rate. Make sure you understand all aspects of the loan agreement before you sign any documents, including the exact price; the amount you’re financing; the finance charge; and the total sales price

The Federal Trade Commission requires dealers to post a Buyers Guide in every pre owned car they offer for sale. Private sellers don’t have to use the Buyers Guide. The Guide tells you: whether the vehicle is sold “as is” or with a warranty; percentage of the repair costs a dealer will pay under the warranty; that spoken promises are difficult to enforce; to get all promises in writing; to keep the Buyers Guide for reference after the sale; the major mechanical and electrical systems on the car, including some of the major problems you should look out for; and to ask to have the car inspected by an independent mechanic before you buy

Examine the car using an inspection checklist. You can find these on Internet sites that deal with used cars

Test drive the car under varied road conditions-on hills, highways, and in stop-and-go traffic

Ask for the car ‘s maintenance record from the owner, dealer, or repair shop

Hire a mechanic to inspect the car for mechanical soundness as well as safety

Talk to the previous owner, especially if the present owner is unfamiliar with the car’s history.

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How to Save Money on Your Next Car Purchase – Tips to Save You Thousands on Your Next Car

Sun, 11 Oct 2009 05:18:19 +0000

The Internet Car Guy asked:

Take it from me, and automotive industry insider, you don’t have to pay those high dollar retail prices anymore. I will unveil industry secrets that will save you a ton of money on your next car purchase.

Here are some sure fire ways to save you money on your next car purchase:

Before shopping for a car, think about your driving habits, your needs, and your budget Learn about car models, options, and prices by reading newspaper ads, both display and classified If you finance the cost of the car, consider how much you can put down, your monthly payment, the length of the loan, and the annual percentage rate. Make sure you understand all aspects of the loan agreement before you sign any documents, including the exact price; the amount you’re financing; the finance charge; and the total sales price The Federal Trade Commission requires dealers to post a Buyers Guide in every used car they offer for sale. Private sellers don’t have to use the Buyers Guide. The Guide tells you: whether the vehicle is sold “as is” or with a warranty; percentage of the repair costs a dealer will pay under the warranty; that spoken promises are difficult to enforce; to get all promises in writing; to keep the Buyers Guide for reference after the sale; the major mechanical and electrical systems on the car, including some of the major problems you should look out for; and to ask to have the car inspected by an independent mechanic before you buy Examine the car using an inspection checklist. You can find these on Internet sites that deal with used cars Test drive the car under varied road conditions-on hills, highways, and in stop-and-go traffic Ask for the car ‘s maintenance record from the owner, dealer, or repair shop Hire a mechanic to inspect the car for mechanical soundness as well as safety Talk to the previous owner, especially if the present owner is unfamiliar with the car’s history

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