Buying Cheap Used Cars: Getting Started
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Buying Cheap Used Cars: Getting Started

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Shopping for even the cheapest new cars may be beyond the means of many consumers. Used car sales have expanded recently for good reason – this is one of the best ways to get into something you want rather than settling for what you can afford. That is not to say that buying a new car is a bad idea; far to the contrary, for many it is logical.

If you have a low budget and need to buy a cheap car, here are a few options and helpful hints that can help you when buying a used car.

1. Due Diligence: Do your homework.

  • Used car dealerships and finding used cars online are quick ways to see vehicles you are interested in – from afar.

 

 
  • There is a wealth of information about online car buying on the net – use this resource and record your research.
 
  • Make a checklist of what you want in a car verses what you need. Be realistic about the items you need.
 
  • Research what the new car prices were on the car you might be interested in.
 
  • Read reviews and ask around.
 

2. Feel Around: See if the vehicle fits you.

  • This is where used car dealerships come in handy as a place that can (quickly and temporarily) facilitate a fitting room for you the shopper.

 

 
  • Narrow your search down to a few vehicles.
 
  • You WILL be wasting the dealer’s time (especially if it is a busy car lot), but fear not; just by walking the lot, your presence attracts other buyers.
 
  • Find the vehicle(s) you are interested in and journey to the dealership. As many dealership’s salespeople can be unscrupulous and will push the unwitting into a vehicle – have a plan – don’t linger too long.

 

3. Check the overall price tag: Make sure you can afford the car.

  • There is more to purchasing a used car than the final price tag. On many occasions, shoppers buy used cars that are beyond their means to insure and/or maintain. Remember to look at the big picture.

 

 
  • Used cars usually need new parts and service. Find out what a local garage AND dealership garage will charge for popular replacements like: water pumps, alternators, brakes, fuel pumps and computers.
 
  • Servicing vehicles can be the make or break financial barrier for used car buyers. Research the cost for regular maintenance (oil changes, brake servicing, tune-ups and radiator flushes) and big-ticket maintenance (replacing the items listed in 3.B.).

 

Now you are ready to start looking at vehicles that will fill the bill. For more tips on purchasing vehicles online, please check out Autodriver’s “Buying New Car Online” and “Buying a Used Car Online.”

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