Used cars are not as risky a purchase as they used to be. Thanks to certification programs, the industry is changing for the better, and more Americans are turning to used cars for better value.
Certification offers a way to weed out unscrupulous used car dealers who might sell damaged cars. The nearly 600,000 vehicles damaged by floodwaters from last year’s storms are prime candidates to end up as part of such scams.
As more car buyers turn to certified vehicles, the number sold this year is expected to increase significantly from the 1.6 million purchased in 2005. Besides costing less than their new-car counterparts, certified vehicles also come with many of the same benefits, eliminating much of the guesswork associated with buying used.
Be wary, however, because not all certification programs are created equal. To help sort out the best from the worthless, used-car experts offer the following tips:
Certified by whom? Make sure you know who sets the standards for the certification program and who makes certain they’re being enforced. Look for a manufacturer-backed program-the best people to certify a car are the ones who built it and specialize in that make. Most manufacturers will offer a limited warranty in addition to honoring the car’s original warranty.
Do your homework. Research the makes and models that make sense for your driving needs. Check safety and reliability reports published online and prices from your whole area.
How was the car certified? At a minimum, a car should have a detailed mechanical inspection and a vehicle history report. Carfax Vehicle History Reports are a mandatory part of the certification process for 80 percent of today’s manufacturer-certified programs.
What does it get you? The certified used car you’re buying probably comes with an extended warranty. Make sure you know exactly what this covers and for how long. You can always add additional coverage.
Ask for more. If you want roadside assistance, options added to the car, free oil changes or anything else, don’t be afraid to ask.
Tags: Assistance Options, Car Buyers, Car Experts, Certified Used Cars, Check Safety, Counterparts, Expert Tips, Extended Warranty, Floodwaters, Guesswork, Homework Research, Makes And Models, Mechanical Inspection, Prime Candidates, Reliability Reports, Roadside Assistance, Safety And Reliability, Scams, Vehicle History Report, Vehicle History ReportsRelated posts
Each year hundreds of thousands of used cars change hands. Some deals are great buys; others are not so good. Follow these tips for buying a used car to help you get the best value for your money.
It is always better to find out whats wrong with a used car before you buy it rather than after you own it. Carfax vehicle history reports are a great way to get this information. Carfax collects information from around 5,000 different sources. But, remember the report is only as good as the information reported. If the car is in an accident but the accident is not reported, the information isnt going to be in Carfax. Thats why you still should have the vehicle inspected before purchasing it.
A mechanical inspection is the surest way to find obvious problems with the vehicle. The mechanic will easily be able to tell if there are leaks, corrosion, frame damage, hidden damage, brake or suspension problems, engine problems, and other obvious mechanical issues. The mechanics report however, will not tell you anything about the history of the car such as whether it has been in an accident.
Always take the car for a test drive. Make sure you dont just drive it on city roads. Take it out on the highway and get up to highway speeds to make sure you like the ride, how quiet the car runs, steering, and other elements like how good your visibility is and blind spots. Decide whether you are comfortable driving the car. If you arent comfortable, then its not the car for you.
You can save a great deal of money on your used car by shopping around for good financing. Some lending institutes offer better rates than others. There are many institutes that offer a hassle free online service thats as simple as filling out an online application. Once your financing is approved, they will send you the check to take to the dealer.
If you have the opportunity to purchase an extended warranty for your car, it can be a good investment. An extended warranty can protect you from breakdowns and save your pocketbook from some serious strain.
There are two types of coverage; bumper to bumper and powertrain. Bumper to bumper covers almost everything, while a powertrain warranty covers major breakdowns like engine and transmission. The cost between the two types of coverage can be significant, but depending on the age of the car and type of car bumper to bumper coverage can be worth the extra money.
There are several good website resources for finding out what a vehicle is worth. You can search by category, make, model, and price. If you do an Internet search for used vehicle prices, youll find several good resources.
If you cant find the car you want locally, buying a car online is another option. Just do your research to make sure the dealer is reputable. Its always a good idea to only put a deposit down and then pay the balance once youve inspected the car and it meets your expectations.
These tips for buying a used car will keep you stress free and help you make the best buy possible.
Tags: Blind Spots, Breakdowns, Buying A Used Car, Carfax Vehicle History Reports, Change Hands, City Roads, Extended Warranty, Frame Damage, Helpful Tips, Highway Speeds, History Of The Car, Hundreds Of Thousands, Leaks, Mechanic, Mechanical Inspection, Mechanical Issues, Suspension Problems, Test Drive, Tips For Buying A Used Car, Vehicle History Reports