Brand new cars are quite expensive and may hinder your dream of owning a car. There are many dealers or even individuals who sell used cars at very fear prices. And these used cars may be as good as new in some cases. For example, an individual may decide to dispose his new car just because his status has changed or because of other personal reasons.
Before buying any used car, it is important to get the correct information before you go shopping even for a certified pre-owned vehicle. It is good to get a car that suits your needs at the best price.
A certified pre-owned car is a type of used car, most often late-model that have been inspected, refurbished and certified by a certifying authority or a manufacturer. The cars typically include an extended warranty, special financing and other additional benefits.
However, if you are not careful, you may end up buying a low quality car and end up losing your cash. So what do you need to do in order to ensure that you get the best deal?
Here are some tips on buying used cars for those thinking about purchasing a certified pre-owned vehicle:
1.You need to differentiate between a dealer–certified vehicle and a manufacturer-certified vehicle. It is better to chose one that has been certified by the manufacturer these go through rigorous testing and are therefore reliable. Manufacturer-certified vehicles also come with perks similar to those offered with new cars, like loaner cars and roadside assistance.
2.Try to understand what the manufacturer’s certification covers; what the certification means and what the warranty covers. The duration of the warranty can give some indication on the status of the vehicle. For example, very short warranty duration may indicate that the vehicle is in poor state. A warranty that is not very comprehensive is also a red flag.
3.Once you have decided on the vehicle you want to buy, ask the dealer to show you the actual inspection report of the vehicle. Read and understand all the details on the inspection report. Check the vehicle identification number and ensure it matches the one on the inspection report.
4.Get behind the wheel and take a test drive to make sure you inspect the vehicle from top to bottom. Get the feel of the vehicle to ensure it gives you the satisfaction that you need and value for money. Check if there is any case of miss-matched paint; this may be an indication that the car has been involved in and accident. Get the vehicle history report from websites like CARFAX®.
5.Try to know the price range of the vehicle. Research online and know the true market value. That way you can negotiate a better price for yourself. Some unscrupulous dealers may sell you a used vehicle a price that is equal or higher than the price of a brand new vehicle if they realize that you are ignorant. Knowing the price range will also help you in negotiation so that you can get a good deal.