But when you’re looking for a used car, finding a reliable vehicle at a fair price can be tough. However, the right approach will make things simpler and help you get the most value. Here is a guide to finding the used car near you and what to look for when searching.
Begin With A Clear Budget And Vehicle Type
Before you list your listing, make sure you have your budget and vehicle type in mind. Prices of used cars are very dependent on make, model, mileage and condition. Budgeting helps to narrow down your options. For instance, sedans and compact cars are frequently less expensive than SUVs, trucks and other types of vehicles, which would probably be the better option if you need more room or want to work off road.
If you are open to many types, Autotrader and TrueCar can show you both a range of vehicles available in your area and of many types.
Car’s History and Condition Check
Buying used cars means you have to buy the cars with a past, so always do your research to see what’s been going on with the vehicle. Carfax platforms have details of past accidents, title status and service history. It will help you know a car’s history, which can tell you about its condition as well as if it requires any maintenance up ahead. Value is also affected by mileage as a rule, the lower the mileage, the less wear the vehicle has seen. But even when you have low mileage on a neglected car, higher mileage on a well maintained car can sometimes be a better deal.
Think Certified Pre-Owned Options
If you’re looking for added peace of mind then Certified Pre-Owned (CPO) cars are the way to go. The manufacturer’s rigorous inspection passes on these vehicles and they often come with an extended warranty at a good value and reliability. It’s no secret that many dealerships advertise their CPO offerings, and some manufacturers even offer online search tools for certified options in your area.
Compare Prices Online Using Online Tools
You can use tools included on Edmunds and the CarGurus, comparing prices of similar models at different locations and dealers. These platforms give you a breakdown of features, mileage and prices so you can determine a fair market value for the car you’re interested in — Edmunds, for example, lets you filter by price, mileage and location so you can find cars in your range, and so on.
Inspect the Vehicle in Person
After that, you can inspect the car in person. Take note of any rust on the exterior, or damage to it, and look into the interior to see if any wearing has taken place that might suggest neglect. Valuate performance, handling, and comfort test driving the vehicle. For older models you have to listen for unusual sounds and check your brakes and acceleration. If you don’t know car mechanics, bring along a trusted mechanic for a pre purchase inspection.
Negotiate the Price
Usually dealerships may have some freedom in pricing and especially with used models. Know that you will have to negotiate, based on any flaws or maintenance needs you find. Researching average prices of your selected model can help you in your negotiation position.
Did You Know? Cash For Scrap Cars Also Provide Used Car Sale Services
Companies like Cash For Scrap Cars are for those who wish to dispose of an old car or find an inexpensive alternative for a used car sale. Used vehicles are something they buy and sometimes offer resales at lower prices — and that can be a wonderful resource for finding affordable used cars in your area.
Don’t Forget Insurance and Transfer of Ownership
Getting insurance for a used car is important. Rates vary by model, year and safety features. Cars with a clean history report, good safety ratings and moderate mileage may mean lower insurance premiums.
Furthermore, during the process of ownership transfer make sure all paperwork is complete. That includes the vehicle title, the bill of sale and any local DMV requirements. Your dealership should handle this on your behalf, but with private sellers you may have to visit the DMV.
Try out the Dealer’s Online Tools
Nowadays, many dealerships offer online tools which help you cut down on your car buying experience. Sites like Autotrader will allow you to book a test drive, estimate how much you can afford to pay every month and even apply for financing online. The best part about these features is that if you are managing a busy schedule, you can easily coordinate your car shopping.
Closing Thoughts
When buying a used car, it’s important to spend some time researching. Once you know what you need, and what price you can afford, you’ll be able to find a reliable, cheap vehicle by comparing prices and inspecting the vehicle carefully. The resources at your disposal are Carfax, Edmunds, and Cash For Scrap Cars, so no matter what you need or what you can afford, you shouldn’t have any trouble finding a used car that fits the bill.