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Used Car Buying

How do you buy a used car?

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2015-07-16 18:58:49
2015-07-16 18:58:49

When purchasing a new or pre-owned vehicle there are an entire list of things to watch for, to expect, and that you should do. You should always buy from a franchised dealership for a number of reasons. The most important reason is recourse. Should something go wrong with a vehicle you've purchased, the dealership usually will fix it without much of a fuss. Also if they don't declare certain things to you such as rebuilt status, accidents, out of province/state; you can get your money back and the amount declared on a bill of sale for your trade value. You can review most dealerships records on-line and should do that before making the decision to spend thousands of dollars. Also check for certification levels. For example, if it's a Chrysler Dodge Jeep retailer, make sure it's a 5 star dealer. For Ford, make sure they're Blue Oval certified. After researching the cars you want and the dealers set a day for viewing the vehicles. Go and look at every vehicle on your list. If this takes more then a day fine. Most people get so excited about the new car that they buy on impulse. DON'T! You'll thank me. Don't let a salesperson lead you into anything. But still be kind to them they will control the sale later. It doesn't matter how good you think you are at negotiating...they're better, trust me. After all they do it every day, and you do it maybe once evry 3 to 5 years. When your test drives are complete then ask to see all records on the vehicle. Accident reports, Carproof/Carfax, etc. Ask to see their service report and inspection on the vehicle. If it's new it won't have one. It doesn't need one, it's new. Write all of this information down. Show up with a book and a clipboard. Most salespeople won't want to deal with you. But the ones that do are the better salespeople and the most likely to be there for you and follow up with you in the future. Do give the salesman your name and number before leaving him. If he follows up he has good work ethic and a good management staff. Next step will be to give the cars on your list a number. one to how ever many vehicles you looked at. One being the one you want the most. Then set a day to buy the car and negotiate.

Before you go in call and set an appointment with your salesperson. Keep the appointment. If you show up the salesperson will think he has the deal in the bag. The chances of you buying the car statistically are huge. Having said that, he/she will be so excited your there that they will work super hard to get the deal for you. By that I mean he/she will work the management to take a "skinny deal". Look on-line before you do go in and have an entire book of print outs on other ads for the vehicle and what they're selling for. Make sure the kilometers and options on them are relatively close. Also go onto the Toyota or Chrysler website and they have a tool for estimating your trade in. You can use that not only for getting and idea what your vehicle is worth but also to get a rough idea what they paid for theirs. If you have a trade in don't tell them. If asked then just say you're not sure if you want to trade it in and "let's just deal with the vehicle I'm buying first". They won't like that but you're the boss. A dealer wants to pay wholesale or blackbook for yours and want you to pay retail for theirs. A good indication for what theirs should sell for is to take the high wholesale or book value and add 1500 dollars to it. Anything under that is a good deal. If it's a new car then ask to see the cost and the rebates. If it's a car or small truck or small SUV then offer them $500 over invoice minus all rebates. If it's a truck, large SUV, or van then offer $1000 minus all rebates. But only after they've presented numbers first. If they ask you to make an offer first don't. Tell them to give you the best deal possible. They may try to say no you offer that's the way it works here and blah blah blah. They may also say the sticker is the best price but if you want to pay less then you can make an offer. Again you are the boss. If your not the boss leave. Don't waste your time with them. You may find on your way out the door they'll grab you and say "wait wait wait". Do wait and see what they can do. If you're not 100% completely satisfied with the outcome leave. Think about it. Don't leave a deposit. Some stores will try to get you to leave a deposit before you even start to negotiate. Don't. You don't have to pay to see numbers. When they are presenting numbers ask to see payments and the number for their car and the number for your trade. Add up the payments and see what the car is really going to cost you in the end. If they don't want to show you this then again, leave. If you make a deal that makes you smile then the next step is financing. Make sure you've spoken to your bank first. See what the best rate and payment is going to be. Also find out what the total of all payments is going to be. The finance department will try to get you to finance with them because they get a kick back from the bank on it. if their rates are better and the totall of all payments works out better then fine. Also ask to see the rate sheet and all rebates. And again, if the won't show you leave. But do all of this while being nice. They will likely try to sell you warranties, protection packages, life insurance etc. manufacturers vehicle warranties are good. You should stay away from all others. Protection packages are good but you should never pay over 800 for all 4 items in a protection package. Life insurance is self explanatory, if you need it get it. Don't buy tire warranties, or vehicle etching. Also do not pay the administration fee. Its purely profit. Don't buy lojack or anything else weird. Don't buy accessories at the time of purchase because they will jack up the prices. Make sure that all the things they promised to do is written on the bill of sale. VERY IMPORTANT. Make sure if they promised you a courtesy car its written on the bill of sale and signed by both parties. Make sure you read the bill of sale and all the numbers. Use a calculator if you need to. Ask for help. They will help you. When you pick up your vehicle make sure everything that was promissed is complete and done. Don't take the vehicle without these things being done. It won't get done if you do, or it will be a total inconvenience for you to do them later. Make sure the salesperson follows up with you and make sure to thank the owner or dealer principle. If they aren't there a Manager will do. This way they will feel good about you practically stealing the vehicle from them and for the extra time it took to do business with you. Other then that I'm sure that's the car buying process.

You can buy your new used car from an independent used car lot, a new-car dealership, an auction, a used car superstore, or a private seller. Wherever you decide you will be buying your used car, there are some important things you need to know.

Determine your needs and wants first, make a list, and prioritize.

Establish a budget and determine the class of vehicles that fit it.

Narrow selection by makes and models and learn all you can about them.

Research dealerships and sellers.

Know the fair market value and vehicle history of any vehicle you're considering.

Obtain Vehicle Identification Numbers (VINs) and research cars online; obtain vehicle history reports.

Take test drives and have cars checked by a mechanic.

Ask questions, and consider all loan options.

Make your first offer lower than the fair market value. It's always easy to go up from your initial offer, but you probably won't be able to negotiate down from there.

If you feel hesitant, walk away. There's always another deal.

You can also make use of cars classifieds found on newspapers and better yet, the Internet, to compare used car value and cars pricing. By doing this, you have given yourself the option of getting the best car deal that would fit for your lifestyle and your budget.

carefully, but if you want the most honest deal go to

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Related Questions

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No, you can trade a used car for another used car

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In China or North Korea. You can google it. Use japan used car or buy japanese used car , there are many sites that sell japan used car in very reasonable price.

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Used cars are generally cheaper to purchase and to provide insurance for. Frequently, you can buy a certified used car, which would include a warranty, you can easily trace the history of a used car and you can buy from a private party.

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No. every car has a different car plate.

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$1,000 would buy you a good used car.

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Any car can be used for show, you can buy an expensive car that already looks nice, restore an old car, or buy a cheaper new car and install a bodykit.

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I would not recommend using a car auction to buy a used car unless you want to work on it yourself. Your best bet is to buy on your own or through a local dealer.

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There are many online shops that provide used car for sale. Amazon.com is one of online shop that provides used car for sale. We can also buy your used car. You can visit www.amazon.com

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Buy a used car that works

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If you have the money and don't mind the payments, it is best to buy a new car. A new car will not cost as much to fix as a used car. If you don't have a lot of money, it is probably best to buy a used car. Expect to put more money into repairs, however.

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It depends on who you are buying the car from. Yes you can buy a car with just cash, but only if that company or the owner of that car wants cash.

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if you are going to buy a new vehicle from toyota they will probably buy your old used car and they will apply it towards the down payment on your new car.

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If you have good amount of money to buy "New Car" then buy new car, but if you are on a tight budget and want to be practical then buy "used car".In my opinion, I would buy new car!In my opinion the best buy is a 1 year old Certified Used car with very low mileage. You same lots of money, get as good and sometimes better warranty than even new, and still have a car that is practically new. All in all that is a great deal.

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depends what car you buy my friend

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Any time you buy a used car the owner isn't going to be completely truthful. Your best thing to do when buying a used car is to ask for the VIN so you can do a carfax.

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To buy you a used car you can start by going on Craigslist.com or even at a used car dealership. You'll have to make sure that the mileage isn't too high and it's not completely totaled.

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cheapest to buy brand new? cheapest to buy used?to buy used cheapest to own? cheapest to fix? cheapest to drive? cheapest for WHAT?to buy used

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"Carmax is a used car company that does actually buy used Volo xc90s'. They give you a good price for it, and will help you if need to get another car."

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You can buy cars at new car dealers, used car dealers, or from a private seller. Just make sure you buy from a trusted dealer be it new or used. Especially if it is used. Ask friends and neighbors about the used car dealers in your area. Contact the Better Business Bureau to find out which dealers are honest. Be very careful buying from a private seller. Above all do 2 things when the car is used. Get a Car Fax report on any car you want to buy, and have it inspected by a trusted mechanic.

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The answer is that it depends. If you buy a used car at a dealership, you will most likely receive a working and overall useful car, but the price may be a bit expensive. If you buy a used car from an independent seller, you may be able to get a good deal on it, but you could be uncertain whether the car is in good condition.

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If you buy a used car from a private party, you pay no sales tax, although you are legally supposed to report it. If you buy a used car from a dealer, you will pay sales tax.

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Where you can buy used jeeps for sale depend on where you are located. You can buy a used jeep online if you are comfortable with that. OR you can buy one from a used car lot, or an indepent owner selling their jeep. To find a used car lot go on the internet, and type in used jeeps for sale near "your zip code".

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