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Wednesday, October 7, 2009

Looking to Buy Used Cars?

By Geoff McKay

Many people consider buying used cars as too much of a hassle. They feel as though their money would be better spent on a new car, one for which they can be certain of the history. However, what these people fail to realize is that, even with a new car, there is the possibility of deception or pre-existing problems. The trick, therefore, is not to buy a new car in order to escape difficulty, but to do the proper amount of research to ensure a wonderful purchase experience, whichever you decide to buy.

The first thing to remember when buying used cars is to never trust what the seller says. If you are buying from a dealership, demand to see a vehicle history report. Do NOT trust the car title. Sometimes, during transport, the details of a car title are altered. If you only go by the information on the title, you run the risk of receiving a car that was listed as "totalled" just a little while ago in another location. This is the case of many cars that were sold post-Hurricane Katrina. Dozens of flooded cars made their way north and were resold with clean slates. Meanwhile, corrosion was eating away at their inner workings. This is not to say that all used car dealers are dishonest or that they should be treated as criminals. However, their main goal is to make money and they may not be as thorough as you would be concerning a "new" vehicle.

Before you spend your hard earned cash on used cars, become familiar with the "lemon" laws in your country. Lemon laws are specially designed for the reselling of cars. They state that if a purchased car fails an inspection within a certain amount of time, you are fully entitled to a refund. These laws are put in place to protect the consumer, but you cannot utilize them properly if you are unaware of their benefits or purchase a vehicle "as-is".

Another important thing to bear in mind is that the person selling the car might not be the real owner. When you buy from an individual, be sure to check the registration of the vehicle before you hand over any cash. You don't want to find out that your money went nowhere or that the car has a list of liens against it. The problem can be avoided by going to a respectable dealership.

Whether buying new cars or used cars, remember that "you get what you pay for." While you should always look for a great deal, don't jump at the cheapest price. Check the mileage and the age of the car against that car's make and model. If it's too old or has too many miles, pass it by. It makes a lot more sense to try to bargain down on a reliable car than to purchase a cheaper one that will fail when you really need it to function. The internet is a great place to search for information and even more buying dos and don'ts. Use it. - 21392

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