These days used-car hunting is becoming more and more common, especially with the rising cost of brand new vehicles. Many people who are struggling just to pay the rent don’t have any other choice but to shop for second hand cars. However, second hand cars do not have to be junk — in fact, there are many second hand car dealers around that sell almost new cars. There are many ways you can get a decent used car at a great price. However, be aware of the advantages and disadvantages, which will be discussed below.
The most traditional way to do things is to visit your local used car lot. By going to a used car lot in your town, it will be convenient for you as you will be able look at several models in person. You will be able to test drive the car and see how it feels. Also, if something does go wrong with the car, it is very easy to go back to the shop.
There is actually not much danger in being duped by sleazy car salesmen, as car dealers have to comply with certain by-laws and regulations. Car dealers, especially in small towns, are also very conscious of their reputation — their business’ life depends on it. The only downside with buying a car in a used car lot is that it is one of the most expensive methods. Cars in used lots will generally have a higher price mark than cars sold by a private owner or on the Internet. Used car dealers will also try to push financing deals onto their customers. While it may sound tempting, in the end you will actually end up paying way more than the car’s listed price.
Going to seized car auctions is a great alternative to used car lots. Here, you will be able to bid on cars that have been seized and need to be ridden off. Since auctions don’t want to hold on to these cars, there is a good chance that you can get them at a really bargain price. Best of all, usually there is nothing wrong with the cars at all. They are perfectly fine, and were only seized because the previous owner could not make their loan payments.
The final way to purchase a used car is to look for a private seller. You can search of these in the newspaper, on the Internet, or on bulletin boards. Sometimes you will see cars driving on the road or parked by a curb with a “for sale” sign on them. This is a great method for purchasing used cars as it is usually the most cost efficient. You will be able to haggle with the seller and create your own terms. The only downside is that you will not be able to get financing through the seller, and there is very little protection for you if there is something wrong with the car.