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To help prevent consumers from making the wrong decision, the Consumer Reports, staff gives 10 tips. Following the tips, though a person may have to do some homework about it secures financial safety and security, not to mention, stress, during the used car buying process. One difference between used and new cars is that used cars don’t often come with warranty.

Consumers can save lots of money on late model used cars, given that they know how to negotiate. The most important thing is researching the real value of the car you are going to buy. Before looking at the car, first get a good idea about its real worth. Compare the real prices on pricing guides.

The second thing you need to know is that you can’t trust your memory. don’t second guess yourself. List down your questions. Thirdly, you won’t need cash. The thing about sellers is that they are not impressed with cash. The worst thing you can do is tell them your budget limit. That’s an open invitation for them to take advantage of you.

The salesperson will do his or her best to sidetrack you so that you will forget your suspicions and questions about the car completely. don’t let this happen to you. It is crucial to consider the car thoroughly before making a decision. ‘some other time’ is a very useful exit phrase whenever the salesperson tries to rush you into buying. don’t get attached to the car, because there’s a possibility that you will have to walk away from it. Do not give anything more than the offer you have in mind, once you come up with a good enough price. Upon denial, simply walk out of the store. don’t pay for overvalued cars. Refer to your previous homework.

Add-ons are expensive. Be wary. Necessary add-ons include paint sealants, undercoating, service contracts, insurance and paint. Number seven is to check for the vehicle history. Most automotive companies can give you these. Checking for these records will help you decide on the car, and check for damages that you didn’t know was there.

Tip number eight is to bring the car in question to your own mechanic. Make sure to cut the repair costs from your offer if your mechanic sees any flaws. Last of all make sure your financing is secure. Go to a bank or credit company and get a loan. What’s good is that the dealer may try to beat the quote that you already have.

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Apr102011

Tags: auto, car dealer, Luxury Cars, Mercedes Benz, Trucks

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