Avoid These Five Common Mistakes When Buying A Used Vehicle
Buying used can be a great way to save money when purchasing your next vehicle. However, opting for a used car before you’ve taken some critical pre-purchase steps can actually cost you more money in the long run. Here are some mistakes to avoid, ensuring you get the most out of your pre-owned vehicle investment:
- YOU DON’T RESEARCH THE SELLER. Never purchase a vehicle from a seller you don’t trust, and you cannot trust a seller you haven’t researched. Google, Yelp, BBB, and many listing sites have dealer ratings and review pages. Check out the dealer before you walk through their door.
- YOU DON’T RESEARCH THE VEHICLE. Again: Do your research! Avoid makes and/or models that have a history of potential issues. Choose a vehicle that has a good reputation for holding up well at higher mileages.
- YOU FALL IN LOVE WITH THE VEHICLE TOO SOON. This is one instance when you do not want to wear your heart on your sleeve. If you fall in love with a vehicle before you purchase it, and the seller knows it, negotiations will be tough. Keeping your emotions under control will help you make a good decision and negotiate the best deal.
- YOU DON’T GET A VEHICLE HISTORY REPORT. Always get a vehicle history report. (Are you seeing the research trend here…?) Reports from companies such as CarFax and AutoCheck can provide a whole host of useful information about the vehicle you’re considering.
- YOU DON’T GET A THOROUGH MECHANICAL INSPECTION. A vehicle’s history is important and useful, but a thorough understanding of the vehicle’s current condition is one of the most important elements of purchasing a vehicle. Be sure to have an unbiased, qualified, third-party perform the inspection and acquire a written report of the results. The BlueStar Current Condition Report covers more than 200 mechanical and maintenance components, and even includes photographic documentation of the inspection! Buying a used car can be exciting and nerve-racking at the same time. While risk can never be eliminated from a used vehicle purchase, there are things you can do to reduce the chance of getting stuck in a vehicle with hidden problems. Remember to do your homework: Research the seller and the car, don’t fall in love with the vehicle too soon, check out the vehicle’s history, and most importantly, have the vehicle thoroughly inspected to make sure you fully understand its current condition.