HappilyRetired.Com

Retire Early - Retire Healthy - Retire Happy!

Tips on Buying a Car

Filed under: Finance, Retire Happy, Shopping — July 2, 2008 @ 12:16 pm

New or Used Car? Lots are full of Choices


Here are a few tips on how to buy a used and new-car. Let’s take a look a a few things that you need to know before you buy. How do you get the best price and how to you avoid common mistakes.

These are some of the things you want to know about the car you are getting ready to buy:

* How many previous owners?
* Was ever in an accident?
* What if any problems has this car experienced?
* Did previous owners keep up with the warranty?

One of my favorite tips is to bring along a friend who really knows cars to help you with the process.

Many people swear by CARFAX reports to get the history on a car. They do give you a lot of great information that can help you avoid pain later on.

A used car’s mileage affects its selling price. The more miles the car has driven the lower the cost of the car. Because high mileage can decrease the selling price, there are dishonest people that will change the odometer reading on a used car. Although it is a crime to change an odometer reading, people still try to do it.

Buying new eliminates buying a potential lemon, but the minute you drive off the lot the value of the car goes down. But some people prefer that feeling of owning and driving a brand new car. So what ever turns your crank, there are plenty of choices.

As the market moves to smaller more gas efficient cars, there are some amazing deals out there right now as dealers try to change their inventory mix. Since this is a buyers market, take your time and don’t be too anxious to buy the first car you see. Dealers are hungry to sell you so make that work to your advantage.

For me, I like to buy a slightly used car, two years at the most, with low miles and one that checks out to be in great shape. I have my favorite manufactures so I stick with the ones that have proven in the past to make quality vehicles.


No Comments

No comments yet.

RSS feed for comments on this post. TrackBack URI

Sorry, the comment form is closed at this time.