February 2009
Buying A Used Car? Know The Basics
If you feel purchasing a new car is tricky, then buying a second hand car can be quite trickier. But don t fret just yet--with these guidelines to keep you on track, that used car could be one of the sweetest deals you ve ever had. It pays to be on the lookout for owners wanting to shift to a newer model, and thus wanting to sell the car of your dreams. This is where your friends and family come in. Aside from referrals, they could more or less ensure that the price is reasonable and the car s ownership history is satisfactory. Asking the Right Questions Why are the owners letting the car go. Make sure that they are not selling due to any major problems. How long have they owned the car. Given proper maintenance, a five to seven year-old car would generally be in good condition. What repairs have been done, or are currently needed. How s the mileage. The lower the mileage, the better. However, a used car with more miles could be satisfactory, too. In this case, ask about the vehicle s use. Was it a family car limited to city driving...