When you think about buying a used car, images of aggressive salesmen trying to persuade untrusting customers may come into your head. Some car dealers are willing to do anything for a quick sale. However, consumer protection laws may have created a false image. Car dealers will sell their used vehicles at an affordable price and are happy to do so. It is important to know how to negotiate. You should be clear about what you need and how much money you can afford – click here for more info.
Researching the price ranges you may pay can be very helpful. Calculate your maximum loan amount and compare rates with different lenders. Before visiting a car lot, you should read the online reviews. Note the pricing on private websites. This will give you a good idea what dealers are likely to charge. You should never go to a car dealer intending to buy. You should pretend to only be interested in getting information. Don’t get excited, even if you are offered a fantastic price by the seller.
Choose your dealer carefully by considering the following factors:
One of the main advantages in buying used cars from a dealer instead of privately is that they offer a warranty. The terms and duration of a warranty are determined by the price of the car. The standard dealer warranty will only cover the vehicle for 6-18 month, while an extended warranty may last as long as 3 years. Pay attention not only to the duration of the warranty, but also to any other details. Standard dealer warranties are generally applicable to both the vehicle’s body and engine. Interior and electronic parts are not covered by this warranty. Select the dealer that offers the best warranty terms.
In most cases, used car sellers inspect vehicles before buying them. Documents of the car’s inspection should be provided to you. You can ask for an extra inspection if you are not happy.