Sunday, 27 April 2008

Buying a used car

The internet is a very valuable tool in regards to resources for you to use when considering buying a used car. You might have already got a specific make and model in mind, but then you might not have had the chance to consider the different types of vehicle. You also need to be aware of safety measures you need to take when buying a used car, particularly if buying from a private dealer. Along with this,thought has to be given to the financing of the car and how much it would cost to insure it. All of this information can easily and quickly be found by going online.
Unless you have the luxury of a pocket full of spare cash then you are going to need to take a loan to cover the cost of the car. If buying a used car privately then almost certainly you will have to take the loan yourself with a lender. Buying from a dealership and you will be offered finance; however it is not always the cheapest way of borrowing to pay for the car. You still could be better off looking for the loan yourself and then going with the cash in hand to the dealership.
Before looking for the loan you should find out on average how much the model you have decided on costs. Make use of a used car search tool which can be tailored right down to the age of the car and even color and you will be presented with a range of prices on average. You can then tell if the car is within your budget before going any further.
The next step should be finding out how much you could expect to pay to insure and put the car on the road. Again comparing quotes with a specialist that allows you to search with many insurance brokers on the same page is the easiest way to go. It can be easy to snap up a bargain car and then go on to find after the deal has gone through that the insurance is sky high, so do not make this mistake.
Once you have chosen the model and checked it is within your budget, have checked insurance costs and figured out which type of finance is the best option then you can go about looking for the car. The easiest way to do this is online. A search engine will list cars with dealers and private buyers based on your criteria. Narrow down your search a few cars that match your needs and then find the contact information.
When going to look over the used car of your choice always be sure that you meet the seller at their residence rather than meeting them somewhere. You should also have their landline number not just mobile and of course they should be able to show you the relevant paperwork for the car. Make sure you take your time going over the car both the exterior and interior and if the car is a convertible make sure you see the roof retract. Use the information gained from the internet when inspecting every inch of the car. The test drive should consist of freeways and town streets so that you can get a good idea of the handling when travelling at different speeds and on different surfaces.
david burton is the owner of http://www.bargain-motors.com/

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