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Buying your first used car can prove to be a daunting task if you fail to do your homework well. To help you get started, follow the steps that we have outlined below.
Finding the best deal
Finding the best deal in terms of price isn’t a straightforward thing. You will need to look at the car’s mileage and added features. These two features can tell you how much the used car is worth. The most trusted tool that many people use to determine the price of used cars is the Kelley Blue Book.
Check the paperwork
Check to verify whether there is a valid warrant of fitness. Don’t buy a vehicle with an expired warranty of fitness. Obtain the necessary documents from the seller. These documents include the vehicle’s odometer reading, title certificate, vehicle receipts and bill of sale.
Get a professional inspection
If there is the need to get a full professional inspection, hire a qualified mechanic to provide you a second opinion about the car. The seller may offer to get somebody to inspect the vehicle, but it is advisable to hire a private mechanic yourself. There are also many companies that offer specialized inspection services. You may also contact them, but they may be expensive compared to a private mechanic.
Conduct a test drive
Make sure you conduct two test drives. The first test drive should be done by you. It involves evaluating a car’s drive and ride quality and checking the Vehicle Identification Number. The second test drive should be done by a trusted mechanic whom you may hire to give you a second opinion.
Obtain a Vehicle history report
Sellers may not reveal the dark history of their cars. Also, some past damages or repairs may not be seen by naked eyes. So, to avoid becoming a victim of a lemon, request the used car’s vehicle history report. There are several companies out there that can help you obtain this report.
Negotiate the price
Car salesmen will always start with a higher price that is not realistic. Negotiate with them and always remember to stick with your budget. If the final price is not okay with you, you can always walk away to look for a new deal.
Transfer paperwork to your name
The process of transferring a used car into your name varies depending on the state you live in. But the documents required are almost the same. These documents may include the bill of sale, title certificate, identification documents, insurance paperwork, and many more.