How to Buy a Used Car

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How to Buy a Used Vehicle There are many people that prefer to buy a used vehicle instead of a brand new one. Purchasing a used vehicle escapes the depreciation value that occurs almost instantly with a new vehicle purchase once it is driven off the lot. There are additional monetary advantages to purchasing a used vehicle such as cheaper insurance, better model of vehicle for your dollar, etc. However, if you are not prepared with the “how to” of buying a used vehicle, this experience can be miserable and expensive. By being informed and setting boundaries, making a list of questions with key points regarding the vehicle, and doing a little research can make purchasing a used vehicle can be less daunting and more exhilarating. First, it is wise to think about what you want your limits to be throughout you decision making process. Edur brings to attention some questions to consider: the size of vehicle is important, how many passengers do you need to accommodate? Do you need a vehicle for long commutes or short trips (p.45)? A good idea is to keep in mind the gas mileage of a vehicle, because if it is not efficient you could end up paying more in the long run. Another financial question to consider is what will my insurance costs be? Looking at your financial status while considering all the aspects of a vehicle will assist you in deciding a price point ahead of time, and help you stay focused on the type of vehicle best suited for your needs. Setting these boundaries ahead of time will help you stay within budget and assist you in standing your ground when tempted with a really nice vehicle or a smooth talking salesman. Now that you have an idea of what you are looking for it is a good idea to make a list of the key points about the vehicle that you know you want your vehicle to have. Does it have air conditioning, cruise control, power windows/locks? Edur

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