Thinking of Buying a Secondhand Car? Answer These Questions First
When buying a new car, some people head straight to a dealership, while an increasing number prefer to shop online for used cars. The internet has made it easy for buyers and sellers to connect, resulting in 42.7 million used vehicles sold in 2017. There are many benefits to buying used cars, such as being cheaper and having less paperwork involved.
Additionally, used vehicles are often a wise option for younger and less experienced drivers, so they are popular among parents buying cars for their teenage children. Regardless of the reason for buying a used car, it is essential to ask the right questions to make an informed decision.
Questions to Ask About That Used Car
When looking for any vehicle, there are specific steps you can take to make sure the purchase is worth your time and money. When buying a used car, these steps are even more crucial.
Throughout the process, starting with researching models and selecting the appropriate dealership to test-driving and sign the documents, you must ask yourself important questions. This will help you make a decision that fits your needs and budget and is suitable for you.
1. Is fuel efficiency an important factor for me?
Budgeting for a car can be an essential consideration. Gasoline is an additional expense you must consider if you own the vehicle. To determine if a car model fits your needs, watch your odometer as you drive through your typical week and compare it with the relevant miles per gallon of cars you are considering.
Fuel efficiency usually stays consistent across makes. However, this may not be the case if the car has high mileage or a damaged engine - so it's best to check its history report based on the VIN to ensure you get the most value for money.
2. Is all-wheel drive a requirement for me?
If you live in a busy city, the all-wheel drive may not be as important to you as the roads are usually managed well. On the other hand, having an AWD can be a lifesaver if you live in a rural area or tend to take your car off-road in mud or snow. However, AWD can be invaluable in winter, mainly if there are often long periods of icy and snowy roads between three and five months of the year.
3. What size of car is suitable for my needs?
To determine what size car suits your needs, consider the type of trips you will be taking and how many people you'll be driving together. If you often have friends and family with you, a van or quad cab pickup offers the best solution, providing more seating capacity. On the other hand, if your journeys are solo or for two people, then a large SUV or pickup truck would suffice.
4. Do any records of service exist?
When considering a used vehicle, it's essential to know if the previous owner has taken care of regular maintenance. Therefore, it's reasonable to ask for documentation of any service done on the car, such as replacing brake pads in winter, getting oil changes regularly, and replacing all four tires last summer. If the seller refuses to provide this information or seems uncooperative, it's best to walk away - an honest car owner won't have any issues providing these records.
5. What information do I have about the previous owners?
When purchasing a used car, one of the biggest concerns is its durability and how it has been treated, driven, or maintained by its previous owners. While the seller may promise that the car was well cared for, knowing it can be challenging. Factors such as whether the vehicle was driven hard by a teenage son or only used for short weekend trips can significantly affect the car's condition.
While knowing how the previous owners treated the car can be challenging, you can do a few things to gain insight. One option is to take a look at their other vehicles. If they are in good condition, the previous owners likely have a good history of caring for their automobiles.
Additionally, the car you're considering has had multiple previous owners. In that case, it may be a good idea to invest in a used car report like CarFax to get more information on the car's history.
6. Do I feel content and satisfied with this car?
When buying a used car, it's essential to ask yourself: will I be satisfied and contented with this car? It's an important decision, as you're likely to have the car for years - so it makes sense to take the time to ensure you are making the right choice. Gathering information on budgeting, finding a vehicle, and talking to sellers is necessary—but equally important is checking in with yourself and asking if this purchase will bring you true happiness.
7. Does the car have any known defects?
When purchasing a pre-owned vehicle, it is essential to ask questions. Knowing about any potential issues, whether minor or significant, before making a decision can save you from future headaches. This can range from minor issues like a broken tail light to severe problems like squealing brakes and stuttering gear shifts.
A comprehensive understanding of the car is vital to make a cost-effective purchase. If you notice something unusual during the test drive, you should inquire about it with the seller.
8. Which safety features are essential for me?
You may find vehicles of different ages when looking for a used car. Older models, such as airbags, were built before modern safety regulations and may offer other safety features than newer cars. However, depending on your driving habits and how often you drive, you can pass on extra safety equipment if necessary.
9. What are my payment options for this car?
Once you've determined your budget, it's time to get the money. When considering used car dealerships, they may offer financing options, but it's worth exploring other options, such as banks and financial institutions, to compare interest rates and terms.
When purchasing a vehicle through a private transaction, it's essential to make the complete payment immediately. However, this may be fine if you have been saving for the purchase. It's advisable to secure financing before searching for a vehicle. This will help you avoid choosing a car that exceeds your financial means.
10. What is my maximum budget for this purchase?
Before beginning your car search, it is vital to establish a budget and be aware of what you are willing to spend. This will make the process much easier and faster as you can search for specific price ranges online.
Remember to factor in other costs, such as licensing and insurance. Although there is room for negotiation with used car sales, it is crucial to stick to your budget to avoid spending more than you can afford.
Protect Your Hard-Earned Money With These Questions
When making any big purchase, it is crucial to take the time to consider all the factors involved and ask yourself relevant questions. This includes assessing your needs, budget, and preferences. By inquiring about the appropriate questions and conducting thorough research, you can make a well-informed choice that conforms to your objectives and financial plan.