Even though new car sales are down, figures from the automotive industry tell us that used cars sales are up dramatically with three times as many people buying used over new.
There are many reasons for this, not the least of which is the rising cost of new cars which have become too expensive for many people.
If you can cool off the desire to have a brand new car and wait a couple of years you can save a ton of money. The biggest depreciation in vehicles is during the first two years. You can drive a two year old BMW for the price of a new Toyota. All you have to do is be a little more vigilant and make sure that the pre-owned vehicle has all the safety features that you need and want. Most vehicles over the last few years have been pretty aggressive in adding safety features.
You definitely want to have the basics like dual airbags and anti-lock brakes not only because of safety but also due to the fact that it will save you on your car insurance. Some vehicles even have side and rear airbags.
You can find a good quality two year old used vehicle with less than 35,000 miles that will look like a brand new one and have way more features than you could afford in a brand new car. Remember my BMW vs. Toyota example?
When buying a used car pay close attention to the wear and tear of the interior. I have found from experience that people who take good care of the interior of their car as well as keeping the exterior protected also take good care of the vehicle mechanically. If you run across a vehicle with torn seats, stained carpets and the like, I suggest you pass on it.
Always take a good look at the tire tread wear. You are not only looking for worn tires but also uneven tread wear which can indicate an alignment problem. When you road test the vehicle take your hands off the wheel for a second and see if the vehicle drifts. Pop the trunk and make sure that there is a spare and that it is in good condition as well.
Watch out for serious damage and paint work. It is easy to spot with a close eye. If body panels don’t line up properly there is a good chance it has had parts replaced. In addition to having a mechanic look the vehicle over mechanically and checking the fluids, lights, belts, charging system, and AC you can also have them put it on a lift and check the underneath of the vehicle for any frame damage repair.
Gregg Hall is a business consultant and author for many online and offline businesses and lives in Navarre Florida with his 16 year old son. Get patented car care products from shineyourcardotcom