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Tips for Buying or Selling a Used Car
 

Tips for Buying

Introduction
Buying a used car obviously carries a certain degree of risk. After all, with a new car you get the peace of mind that no one has driven the vehicle carelessly or failed to have it maintained on a regular basis. And, if something does go wrong, the car is under warranty—at least for a period of time. These safeties are not usually included in the purchase of a used car. But used-car buying need not be as fraught with anxiety and terror as some may think. Knowing where and how to buy a used car as well as which cars to buy can alleviate most of the tension consumers feel about this unknown process. If you are willing to spend time doing thorough research, you will soon be driving the car of your dreams, secure in the knowledge that you paid a fair price for your new set of wheels.

Choosing a Used Car :

  • How much could you afford? -
    Before you begin your search for a good deal on a used car, spend time considering many of the same factors that would apply to a new car purchase: how will you use the vehicle; how long do you plan to keep it; and your budget for the purchase, including insurance, operation, maintenance and repair costs.

  • What Car should you buy? -
    Decide what car best suits your lifestyle and image. Since you could probably be owning and using the same car for many more years, you need to anticipate future needs and lifestyle changes.
    Today you could easily consider buying a mid-sized car as these cars are available at great bargains.
    Narrowing down your dream list is a bit more difficult for used cars than new cars because there are so many more used vehicles. Talk to friends or acquaintances who drive cars that appeal to you; word of mouth is often one of the best ways to gather information about reliability or quirks of certain cars.

  • How Old is Old? -
    If Budget is top priority then you rather buy a smaller car that's newer than a large car that's older. Owning a larger car will cost you more as the running costs - fuel, maintenance, tyres, spares are costlier. The best bet is to look for something almost new - Two years or younger. You could get a real good deal because there are plenty of car owners who don't want to be seen in a 'yesterday's model' - they want to be seen driving only latest cars.
    Buying a middle-aged car ( 3 - 5 years old ) that has been treated well by its owner could be a great deal. You could find a lot of these cars at a good bargain. Cars that have logged 14,000 to 18,000 Km a year are prime buys.
    Cars flogged badly by chauffeurs or heavily used ones are like buying trouble.
    Odometer readings can be rolled back, or "clocked." This fraud is practiced by thousands of fly-by-night, independent used-car sellers nationwide. The effect is obvious: a high-mileage car is turned into a low-mileage car to increase the car’s value. A car with low mileage, but with a lot of wear on the driver's seat or the brake and accelerator, may indicate tampering with the odometer.
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