All posts in Used Autos & Trucks

Car Decisions: Is it Worth Buying a Car that Needs Work?

While you are searching through the classifieds for a new ride, you may stumble across a vehicle that needs a few repairs. While your initial response may be to pass over the advertisement, the flawed vehicle may actually be a diamond in the rough. Once the vehicle is fixed, it may be able to last for many years to come. Here are some of the pros and cons of buying a car that needs work.

Cons: Fear of the unknown

Purchasing a vehicle that needs work always carries an element of uncertainty. For example, the seller may tell you that the vehicle will not crank due to a failed alternator. While this may be true, the car could also have other mechanical problems as well. Unfortunately, you will not find out until you install the new alternator.

Cons: Underestimate the cost of the repairs

At first glance, the total cost of the necessary repair work may seem very affordable. However, the damage could be more extensive than you originally thought. Upon taking the vehicle out for a test drive, you make notice that the steering is off-kilter. While the car may just need a simple wheel alignment, the steering problem could also stem from damage to the frame. Frame damage is very expensive to repair.

Pros: Leverage in negotiating a deal

Depending on the amount of work that is needed, you may be able to negotiate a great deal with the seller. Some people are in a financial bind and simply can not afford to make the repairs. This is a win-win situation for both parties. Although the cost to repair the vehicle may total $450, the low purchase price will more than make up the difference.

Pros: A new hobby

If you don’t need the car right away and are looking for something to do on the evenings and weekends, a project car may be perfect for you. Many people gain fulfillment in fixing up project cars. Often, the finished results are amazing, unique, and personal to you. There are plenty of books and websites to help you learn how to build up your new car.

You do not always have to buy brand new parts. Purchasing salvage parts can save hundreds of dollars, and may be more inexpensive than a flashier new car. For example, f the vehicle has a damaged fender, you should easily be able to find a dent-free replacement at the salvage yard.

Do not make the mistake of passing up a great car due to a few minor problems. The key is to take the time to analyze all of the critical factors. You can decide if you have the time and resources to fix up the car. You may even find a fun project.

Kara Masterson is a freelance writer from West Jordan, Utah. She graduated from the University of Utah and enjoys writing about business and finance and spending time with her dog, Max. Information credited to www.salvageyardphoenixaz.com.

How To Find The Best Used Car For Your Money

With the economy still being in such bad shape, more and more consumers are starting to reap the benefits of purchasing a used vehicle. Although most used vehicles are substantially less expensive than brand new vehicles, the majority of motorists still have a desire to get the best possible deal. Here are some important tips on how to find the best used car for your money.

Do not show your hand too soon

Whether you are trying to negotiate with a used car salesman or a private seller, it is essential that you maintain a poker face at all times. If the seller perceives you to be overly eager to purchase a particular vehicle, they will be less likely to lower the asking price.

Fear the unknown

Even if the seller of the vehicle seems to be very honest, it is always best to err of the side of caution. Unknowingly making the purchase of a vehicle that has been involved in a flood or car accident could mean major trouble in the long run. The best approach is to always spend the extra money for a vehicle history report.

Consider all sources

Although a private seller may offer a lower price, some dealerships also have great bargains. Reputable dealerships such as Premier Mazda thoroughly inspect each vehicle before deeming it to be worthy of a spot on their lot. Some used cars Kansas City dealers also warranty their vehicles for a certain period of time.

Check the reviews for each prospective vehicle

When it comes to purchasing a used vehicle, car reviews become very valuable sources of information. Car reviews are important because they can alert shoppers of any red flags before making a final decision. For example, a specific model could have trouble-prone transmissions. By reading the reviews, the potential owner can be prevented from making an expensive mistake.

Monthly payments or cash

If the customer is seeking to purchase a used vehicle from a dealership, they usually have the option to pay for the vehicle in full or to make monthly payments. Although monthly payments allow more financial flexibility, prospective buyers need to pay close attention to the fine print. High interest rates could cause to final cost to rise substantially.

When searching for a used car, remember to avoid getting too anxious. If the proper steps are taken, you could end up saving lots of hard-earned cash in the process.

Five Critical Things to Remember When Shopping for a Used Car

Used cars can provide great value and a solid vehicle for drivers. Buying a used car is different from buying a new vehicle. The used car has a long history that could affect future performance or maintenance costs. There are five critical things to remember when shopping for a used car.

Visually Inspect Every Area

Every area of the car should be visually inspected regardless of how attractive the chassis appears. The edges, inside of doors and underbody should be inspected for signs of rust. The area under the car should be examined for leaks. The upholstery and interior should be examined for signs of past water or body damage. Small issues like rust or a leak could make the used car difficult to maintain and expensive to repair.

Look At the Service History

The service history log provides a very detailed view of the current condition of the car. A complete service history can show consistent problems over the years that might make the car less desirable. The service history can also show whether the car sustained frame damage or water damage in the past due to an accident. Cars without a complete service history need to be scrutinized thoroughly to ensure there are no potential structural, mechanical or safety issues.

An Expert Inspection Is Always Necessary

Drivers should always have a used car inspected by an expert before making a decision. Most dealerships will allow the car to be taken to an expert before finalizing a sale. An expert mechanic can identify problems that are not visually obvious. The mechanic can also provide a detailed description about the state of the engine, transmission and electrical system. Expert inspections can prevent drivers from buying used cars with too much damage or wear.

Read Extended Warranties Carefully

Extended warranties can help to make maintenance more affordable with a used car. It is important to read the warranty carefully. Some warranties have strict rules about what is covered. Others have high out-of-pocket costs. Drivers must read and understand the warranty before deciding if it is worth the extra cost. Certified pre-owned vehicles have lower warranty costs and sometimes include a free manufacturer warranty.

Take A Test Drive

All expert dealers such as Kansas City car dealerships will allow potential buyers to take a test drive before making a decision. Test drives are very important because they can reveal comfort or handling issues with the vehicle. The test drive should include highway and city conditions whenever possible. A test drive should never be forgotten when looking at used cars.

7 Used Car Buying Tips

You are in the market for a car, a used car at that. With new car prices averaging more than $30,000, buying used can be a terrific option for many consumers. Used cars have already lost a significant amount of depreciation with some newer models still under warranty. Keep in mind the following seven tips when shopping for a quality, used car.

1. Know your price.

How much car can you afford? Determine your spending limit and look for vehicles that come in below that amount. Your price should include your down payment as well as your monthly loan payments. Add in taxes, tags and your registration fees. Keep your total amount within line of your budget limit.

2. Choose your vehicle type.

What kind of vehicle do you need? Your heart may say sport coupe or luxury sedan, but your needs may be SUV. Stick with only the vehicle type that you will be happy with driving. Also consider your trim level or the amenities you need such as a navigation system, a moonroof or fancy wheels. The type of vehicle you buy will affect your insurance costs. Contact your auto insurer before you begin shopping to learn how these costs might affect you.

3. Consider your seller types.

You can buy a car from a variety of people and sources. There are new car dealers selling used cars, used car folk that sell late-model used cars, private parties and government auctions. If you want a certified used car, then a new car dealer is the way to go. If you’re looking for a bargain, then a private party will offer the best deal possible. Used car dealers may have the highest markups while government auctions tend to focus on fleet models with high mileage.

4. Reach out to the buyer.

You can locate buyers online, in newspaper ads or on the street. If you find a vehicle that you like, contact the buyer. Arrange to see the car during daylight hours and give yourself ample time to look over the car.

5. Test drive and inspect.

Look at the car closely, inspecting it inside, outside and under the hood carefully. Lift the carpeting to look for signs of water intrusion. Pop the hood and inspect the engine for leaks. Examine the body for scratches, dents and repairs. Find out if equipment is missing or has been replaced — ask the seller why. Take the car for a test drive, listen carefully for telltale signs of trouble and have your car inspected by your mechanic. Do a VIN check through the National Insurance Crime Bureau to verify that the vehicle has not been stolen.

6. Negotiate a deal.

Find out what a car is worth by obtaining its retail value. You can discover that information by visiting Kelley Blue Book’s website and plugging in the information. The dealer’s price may be much higher than the retail price — your goal is to work on getting the best price possible for your ride. Start off low and be prepared to meet the seller at a mutually satisfying middle ground.

7. Arrange for financing.

You will save money by shopping around for a used car loan. Banks and credit unions offer them — talk to your banker or union representative to find out what deals are available to you. Keep financing out of the price negotiation process. Interest rates on used car loans are low for those consumers with very good credit and for those who offer up a large down payment.

Purchase Considerations

Buying a used car can save you money over a new car purchase. It can cause you to lose money if you hurry the purchase and are sloppy with your research. Take time shopping for a car and avoid the typical pressure tactics. You’re making an important investment, one that you may have to live with for many years.

Author Information

Darren likes to spend most of his time restoring classic cars back to their former glory and when he is not working on motors, he finds writing about them both relaxing and fulfilling. He knows firsthand that buying a used vehicle can be tricky and would advise anyone looking for one to always have the necessary car history checks carried out in advance.