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Biggest mistakes when buying a used car

by Leann Zotis

Created on: July 13, 2010   Last Updated: November 12, 2010

In these tight economic times, the purchase of a new or used vehicle can be a significant investment.  Many people view the purchase of a used car as risky because they fear purchasing someone else’s problems.  Surprisingly, a good many people actually do sell or trade in their vehicles after only a few years of driving them and the vehicles can be in amazingly good condition.  Cars coming off of lease; cars being sold by people ready to move up, or down, in the size and quality of a vehicle; and people who just feel it is economically more sound to eliminate one or more vehicles from their household budgets are all likely candidates for selling respectable, reliable and affordable cars. 

If you are in the market for the purchase of a used car, there are some sound tips you should follow to ensure that you are one of the lucky ones making a good deal.

Don’t get carried away.  It’s all too easy to get caught up in the hype and glamour of car shopping.  You may have your hopes pinned on a car that’s really out of your price range, even if it is a used car.  Remember, there is more to a used car purchase than the sticker price.  A gas guzzler isn’t a good deal just because the asking price is attractive.  A five ton pickup truck or a fancy SUV may not be right for you either if the only reason you need a car is to get you back and forth to work and to run errands. 

Do your homework before you walk into a dealership.  Learn as much as you can about the types of cars you are interested in considering.  Many websites are available to provide information on specific vehicles and they often offer chat rooms or FAQ sections where you can comment on or discuss your questions and concerns about what to buy and where to buy it.

Be a wary consumer and don't be afraid to show your scepticism.  Don’t take the word of the dealer or an independent seller about the mechanical condition of the car.  Have your own mechanic perform an inspection before you commit to the purchase.  This will give you that added advantage of a second opinion from an expert.  A mechanic can identify rust, leaks or signs of hidden accident damage that may not have been disclosed upfront.

Never buy a car sight unseen.  The Internet may be a great locator source for vehicles of every make and description but it is all too easy to disguise flaws and damage with photographs taken at just the right angle.  Insist on a personal test drive, an inspection and the opportunity to see the car for yourself before agreeing to a purchase.

Although it's not always possible, it is a good idea to get a complete file on any and all repair work, maintenance and mechanical care your prospective purchase has received over its lifetime.  Buying a used car is not a bad idea; it's just one requiring a solid amount of homework and research.

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