Tips for Buying a Used Car (1)

About This Presentation
Title:

Tips for Buying a Used Car (1)

Description:

With new-car sales hitting an all-time high, the secondhand car market has become important to the automotive industry as vehicle owners today opt to change cars every five years or so. And there are also a good number of units being repossessed by banks. – PowerPoint PPT presentation

Number of Views:7

less

Transcript and Presenter's Notes

Title: Tips for Buying a Used Car (1)


1
Tips for buying a used car
2
1. Buy from a car dealership.
  • There are dealers that have a pre-owned sales
    program where secondhand vehicles of the same
    brand are offered for sale. Since dealerships do
    not want to lose face for selling lemons, they
    usually make sure the used cars they sell are
    well maintained with complete service records.
  • The secondhand units being sold at dealerships,
    however, are priced higher than those that can be
    bought directly from owners, because these
    vehicles have been checked and assured by the
    dealership to deliver years of useful service to
    its next owner. Also, some dealerships offer a
    warranty for their secondhand cars. Financing is
    also offered by some of these dealers.

3
2. Buy from a reputable outlet.
  • Large car lots and websites can also be a good
    source of used vehicles. Again, service records
    must be available for the vehicle to be
    considered for purchase. Look for feedback from
    other customers.

4
3. Know what type of vehicle to buy. 
  • What type of car to buyor, to be specific, the
    type of vehicle that fulfills your needsis
    crucial when acquiring a secondhand vehicle. So
    buying a four-door compact sedan when you need
    seating capacity for at least seven people could
    be a foolish choice. Or buying a used midsize SUV
    would not be appropriate if you couldnt afford
    its high maintenance costs.

5
4. Narrow your brand choices.
  • Choosing from four to five brands for a certain
    vehicle can cause you to contemplate and
    contemplate on your secondhand car purchase, to
    the point where it is delayed or doesnt push
    through. So narrow your brand choices to two or
    three. Of course, choose the best brands for a
    certain vehicle segment.

6
5. Check the car yourself.
  • Always insist on test-driving the vehicle around
    the block. A person or entity selling a used
    vehicle will surely allow a test drive if the
    vehicle is in good condition. Just make sure not
    to get into an accident.
  • Also, check the condition of the interior and,
    more important, the engine. Engine oil that
    smells as if it was burned means the vehicle is
    usually driven fast. Also, a less viscous
    automatic transmission fluid may mean the owner
    is not observing the proper way to drive a car
    with AT, or is being a daredevil behind the wheel.

7
Continuation
  • Check the age and mileage of the vehicle.
    Surprisingly, there are secondhand cars that
    still run well and can offer years of relatively
    trouble-free service even if they are more than
    10 years old or have logged almost 100,000
    kilometers. But if you have enough funds, go for
    a vehicle with 50,000-70,000 kilometers of use
    and less than 10 years of existence.
  • If you are not competent enough to check a used
    vehicle, then we strongly suggest you do this
    next tip

8
6. Bring along your trusted mechanic.
  • A competent and trusted mechanic can perform a
    thorough check on a vehicle better than a
    motorist who has yet to get his or her hands
    dirty fixing something underneath the hood. Your
    trusted mechanic can also determine if a vehicle
    has been involved in an accident resulting in
    structural damage.

9
7. Research, research, research.
  • Thanks to the Internet, it is easier for
    secondhand-car buyers to get information about
    new and used vehicles. Besides forums and posts
    online, get information from websites that rate
    used vehicles. You can get loads of information
    especially from those based in the United States.

10
8. Automatic or manual?
  • With the worsening (or slightly improving,
    depending on how you see it) traffic in any
    places, AT vehicles are selling in greater
    numbers than before. However, there are motorists
    who still want a vehicle with a manual tranny for
    a livelier driving experience.

11
9. Ask around
  • If you have narrowed down your choices, its also
    better to ask actual owners of the vehicles you
    are eyeing about their ownership experiences. Ask
    questions regarding maintenance costs,
    durability, fuel economy, comfort and
    drivability, among others.

12
10. Set a realistic budget
  • This may be the most important tip to remember
    because budget will determine what type of
    vehicle to buy. But if you find a secondhand car
    offered by a dealership too hard to resist,
    consider financing of up to three years. Just be
    sure the secondhand vehicle can serve you well
    for more than five years if it is purchased
    through financing.
  • While the secondhand-car market is sometimes seen
    as a market for those who do not have the means
    to buy a brand-new car, there are actually
    moneyed motorists who still find buying a used
    unit to be a wiser option. Then there are
    affluent people who would rather buy a secondhand
    car and deck it out later with accessories or
    give it a very different look.

13
note
  • So buying a pre-owned car can be a good idea.
    Just make sure to get a good one that can give
    you years of trouble-free service.

14
SOURCES
  • Article Source
  • Manila Times
  • Image Source
  • see this website
Write a Comment
User Comments (0)