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What to Know Before Buying a Pre Owned Car

February 18, 2019 3:17 pm0 comments

The past seven years have seen a rise in used vehicle sales. The average used vehicle has had at least three previous owners. Pre owned vehicles can be a great choice for first time car buyers, students, or people who want to lower their monthly bills. But not all pre owned vehicles were well-cared for by the previous owner. Here are a few tips on finding and choosing a great used car.

Why Buy a Pre Owned Car? Because It Fits Perfectly In Your Current Lifestyle.

Living within one’s means is a main component of fiscal responsibility. Most people want to be free of debt and liabilities. One major way to practice this is to cut down on monthly bills.

What’s Your Monthly Payment?

Some people are comfortable making a large monthly payment on their car. New cars generally have a higher monthly payment than pre owned cars. The exact amount depends on the type of car, of course.

A used car can be excellent for a first time buyer or college student. A smaller payment each month takes away quite a bit of stress. In some cases it might be reasonable to pay the full sale price upfront instead of in payments.

Are New Cars Inherently Safer Than Pre Owned Cars? Not always.

Safety ratings stay the same overtime. The enhancements available on new vehicles is what changes. These new technological advances are very enticing.

However, these new safety features may not necessarily be a deal breaker for every buyer. Of course, a car that was in an accident has taken some damage to its frame and shouldn’t be a buyer’s first choice. An online service such as Car Fax can pull up a report of a vehicle’s previous history. Your dealership should be willing to provide this for you.

What Should I Look For In a Used Car? Know What Your Want Before You Shop.

This tip actually goes for buying a new or a pre owned car: know what you need in a car before you shop. Notice it’s not, “what you want.” The features you want may not be aligned with what you actually need. It can be helpful to make an actually list to take with you during shopping.

For example, if you have a large family you’ll need plenty of seating. Vehicles with lots of seating typically don’t handle roads the same way a little sport car would. Also, don’t compromise what you do need for a lower price. The extra money in your pocket each month will not be worth the frustration.

Our vehicles are incredibly important in our daily lives for those of us don’t live somewhere with convenient public transportation. Our cars need to fulfill certain requirements such as enough space or excellent gas mileage. The specifics vary slightly from household to household. When buying a pre owned car, the best strategy is to know what you need before you begin looking at dealerships.

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