It is time to buy a used car from a dealer, it is important to know the insider tips on buying a used car. From the time you set foot on the dealer’s lot to the time you sign on the dotted line, the salesperson, the sales manager and the finance manager will be working to control everything and to make as much profit for the dealer at your expense.
5 Insider Tips To Buying A Used Car
1. Internet and Consumer magazines….Know which cars have the best repair records and those that have the features that you want. You are buying a car that, if it has a poor repair record, may be more trouble than it is worth. Do Not let the salesperson push you into purchasing a car that you do not want.
2. Buy a used car price book as the prices on used cars at dealers are often very inflated. You’ll need to know how much you really want to pay.
3. Check your credit score and go to your bank to find out the rates your bank will offer you. The finance manager at the dealer will offer you rates that are about 2 points higher than your bank. You can negotiate with the finance manager when you know what the bank will offer you.
4. Buying Today…the salesperson and the sales manager will make every effort to have you buy a car the same day you see it. You should get a report on the car as far as prior accident damage.
5. Used Car Warranty….is there a warranty on the used car Also, have the car inspected by your mechanic.
Consider looking at cars that are 2 or 3 years old as they often have the lowest mileage. You do not want any headaches.
Remember that the salesperson, the sales manager and the finance manager are not your friends. They are there to make money from you. So, you need to arm yourself with tips on buying a new car.