Used Cars
Get informed before you buy
by Sean Curtis
Buying a used car can be a trying experience. But these five simple tips will help you get the right car at the right price:
- DO YOUR HOMEWORK. The Internet has forever changed the car buying experience - all the information you could ever want on a used car is now only a few clicks away. Once you have an idea of what you want, find consumer reports, auto reviews and customer testimonials. All this should inform your buying decision.
- KNOW A CAR PERSON? BRING THEM. Most everyone knows a "car person." Try to entice them to join you on a test drive. They will hear and see things you might not and can help you spot a lemon.
- FIND THE RIGHT SALESPERSON. If you go to a used car lot, it's important to find a salesperson you're comfortable with. If you don't get a good feeling from your salesperson, either find a new one or find a new lot. There are plenty of nice, helpful salespeople out there, but if you get stuck with a slime ball, he or she is going to make your experience frustrating and upsetting. Don't be afraid to walk away if the connection isn't right.
- NEGOTIATE AND STICK TO IT. You have to be tough in a used car situation. As uncomfortable as it makes most of us, you absolutely must negotiate a better price on any used car. Once you've set a ceiling price for yourself, stick to it.
- ALWAYS BE WILLING TO WALK AWAY. This is by far the most difficult thing to do when buying a used car. Unfortunately, we get emotionally attached to items quickly - often before we even own them. But you have to always be ready to walk away.
Remember, they didn't just make one red convertible two-door sports car - they made hundreds of thousands. If this one doesn't work out, you will find another one. So be patient and find a deal that's right for you.