There are lots of lovely shiny new motors all gleaming from the showrooms at santa monica fiat, but no matter what great offers and discounts they may have not everybody can afford to buy new. That’s okay, they’ve got a bit of great used cars too (check them out at OC Fiat) but some folks are still wary when it comes to getting a used car.
Used cars are holding their prices more and more today, particularly the smaller, fuel efficient vehicles and some buyers might find that they have a limited selection to choose from. This doesn’t mean that there aren’t some good deals available – just follow the following three strategies and you won’t go far wrong.
Sorting The Money
• The first thing you’ve got to do is to work through exactly what you can afford to invest in a new vehicle. Think about the re-sale value of your present car which you are selling, calculate how much additional cash you will require for an advance payment and a realistic amount which you may afford on the monthlies. A maximum of 5 year loan is suggested with the USAA for cars.
• Don’t forget to check out the insurance costs of cars you have on the radar. These will help you to determine the real cost of their ownership. Remember however that used cars will usually have lower premiums when it comes to things like collision and comprehensive cover.
• Seek out some low loan rates. You may be able to get a full financial package from the dealer but it always pays to check out the figures with banks and financial institutions too.
• Pre-approval is a necessity, that way you know exactly what you really are up against once you start searching for the car of your dreams.
Finding The Right Car
• Compose a list of the features which you particularly like, remembering things like cargo space, engine power and style.
• Remember to keep your options open and be flexible. You should have several models in your mind which will suit both your needs and your pocket.
• Do a little research on your chosen market. Look at prices online at reputable car dealers as well as in motor magazines and even the local classifieds.
• Make a thorough inspection of your car, and if you are certainly not experienced in cars then take someone with you who is. Inspect the model year, the mileage and tire tread to give you an idea about how long it will be ahead of the motor will be needing maintenance or replacement parts.
• Take a test drive, this is the only way you can really tell if the car is performing correctly. Whether it handles since it should, take it for a drive and see the way feels, whether or not this makes any unusual noises and. If the vehicle is comfortable for you to drive, this also gives you the opportunity to see.
• Check-up on the history of the car. If you are buying your used car from your reputable dealer then this should all have been taken care of however it is incredibly important if you buy a second hand car coming from a private person. Make sure that the automobile has not been involved with any accidents etc.
And that’s just about all there is into it. If you have a mechanic friend then it’s a really good idea to take them along with you when you look over a second hand car prior to deciding to part with any of your hard earned cash.