Buying A Used Car?-It's Not About Kicking The Tires Anymore
Buying A Used Car?â
Itâs Not About Kicking The Tires Anymore
WALLINGFORD â As economics drive some consumers to buy used vehicles, buyers should invest time to consider the same issues that apply to buying a new car.
While some consumers are âgoing greenâ by seeking out more environmentally friendly vehicles, many others are opting for used cars to replace their older vehicles or gas-guzzlers.
According to Connecticut Better Business Bureau President Paulette Scarpetti, there are many issues to weigh before purchasing a used car.
âBuying a used vehicle requires homework and planning to ensure that an attractively priced used car or truck doesnât have hidden problems that can turn it into a very costly investment in the long run,â she said.
Some of the factors associated with purchasing a used vehicle include how it will be used, how long the consumer intends to keep it, features, financing options, and forecast costs for maintenance, repairs, and operation.
Friends can offer valuable information on their experience and the reliability of a particular model, and whether they would buy the same car again. Consumer review publications can also offer useful information for used car buyers, and the National Highway Safety Administration (NHTSA) operates a toll-free hotline 800-424-9393, as well as an Internet site (www.nhtsa.dot.gov) to verify whether there have been any recalls or other safety problems with a given vehicle make or model.
There are also several free, helpful resources to determine which seller is offering the best deal.
A library, bookstore, bank, or insurance agent should have a copy of the monthly National Automotive Dealers Association (NADA) Official Used Car Guide (www. nadaguides.org), Kelly Blue Book (www.kbb.com) or Edmundâs (www.edmunds.com) to estimate a carâs resale value based on the vehicleâs age, mileage, and condition.
Used cars may be purchased from new and used car dealers, some of which may service the vehicle and provide limited warranties. Used car superstores offer a no-price haggling method of buying used cars and car rental agencies may sell used rental cars nine to 12 months old and driven fewer than 12,000 miles.
Buyers also may find get a better deal from private owners through newspaper ads; however, it is important to check on the carâs history in maintenance and repair records, and if the seller is the first-time owner, records of the original purchase. Also check the title to ensure the person selling the car is the legal owner.
For a fee, some independent companies provide detailed information on a carâs history.
Checking a carâs history is important, since some criminal dealers may sell stolen vehicles through newspaper ads, disguising themselves as private owners. These cars may also be damaged, have hidden mechanical or electrical problems, and their odometers may be rolled back to falsify the vehicleâs actual mileage.
Under the Federal Trade Commissionâs Used Car Rule, all but private sellers are required to place a sticker called a âBuyerâs Guideâ in the window of their used cars, light-duty vans, and trucks. The Guide tells consumers whether the vehicle comes with a warranty and, if so, which systems are covered, how long the warranty applies and what percent of repair costs are covered by the dealer.
More information on buying a used vehicle and a list of dealers is available at www.bbb.org.