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Message
re: Used car purchase strategy
Posted on 12/20/13 at 9:00 pm to BearCrocs
Posted on 12/20/13 at 9:00 pm to BearCrocs
12K miles per year is the average for a vehicle, anything over that per year starts to be classified as 'high milegage'.
Plus find out what part of the country the vehicle was from where it was driven.
Was it driven in the north where the roads were salted during the winter? Stay away from these, you could be looking at major expense a year or so down the road.
Was the vehicle in a wreck?
A lot of people say get a 'Car Fax' or something similar. These reports do give some good info on the vehicle but are by no means comprehensive.
Do your basic research on make, model & year.
Get a good mechanic to check it out. Get teh vehicle up on a rack and look underneath the body very well. Shady lots know how to mask problems so research pitfulls of buying a used vehicle.
Run the engine for a while then check the oil. Are there metal particles in the oil?
Most after-market warranties are junk. Research the warranty companies. Are they reputable? Will the local mechanic shops honor them?
Good luck
Plus find out what part of the country the vehicle was from where it was driven.
Was it driven in the north where the roads were salted during the winter? Stay away from these, you could be looking at major expense a year or so down the road.
Was the vehicle in a wreck?
A lot of people say get a 'Car Fax' or something similar. These reports do give some good info on the vehicle but are by no means comprehensive.
Do your basic research on make, model & year.
Get a good mechanic to check it out. Get teh vehicle up on a rack and look underneath the body very well. Shady lots know how to mask problems so research pitfulls of buying a used vehicle.
Run the engine for a while then check the oil. Are there metal particles in the oil?
Most after-market warranties are junk. Research the warranty companies. Are they reputable? Will the local mechanic shops honor them?
Good luck
Posted on 12/21/13 at 10:47 pm to Soft_Parade
I stop buying new 15 years ago. I now buy a 2 year old vehicle. I research the vehicles, car fax report, next more detailed car report and finally have a 182 point inspection done. Last 2 vehicle I had shipped to my house. Saved over 10 grands each since I research nationally. Both vehicles are doing good. Had one for 10 years and other for 7. I have enough saved to now buy another 2 year old vehicle.
Posted on 12/22/13 at 9:08 am to AutoYes_Clown
quote:
The used car market is so high, its tough to beat some new car deals out there.
This. Several years ago, used was the way to go. I bought my current car 3 years ago. It was 1 year old, coming off a corporate lease and only had 6k miles on it. It was essentially new and was $15k off sticker price. I have started looking a bit for my next car and used just doesn't seem to have the discount it did several years ago.
Posted on 12/22/13 at 3:45 pm to Tiger n Miami AU83
Unless you are OT rich , a late model low-mileage vehicle is the way to go.
Posted on 12/22/13 at 7:48 pm to AutoYes_Clown
quote:
The used car market is so high, its tough to beat some new car deals out there.
This is a good point, especially if you're buying something non-luxury that holds its value well.
Buying new has been demonized so much over the years that you can find some insane deals these days. I've never bought new, but I'm considering it for my next purchase.
Posted on 12/22/13 at 10:38 pm to FootballNostradamus
My last 6 cars have been off Ebay. For the last 2, bought in 2010 and 2009, I looked for a $10,000 car, white, mileage less than 75k.
Both are still running, with no problems.
Both are still running, with no problems.
Posted on 12/23/13 at 11:08 am to Reubaltaich
quote:
Unless you are OT rich , a late model low-mileage vehicle is the way to go.
Do you just ignore the examples posted in this thread, not to mention many others? Buying late model would have COST me money compared to buying new.
There is no one size fits all answer.
Posted on 12/23/13 at 12:48 pm to LNCHBOX
i traded in a 2.5 year old F150 lariat with about 40k on it, and a week later they had it listed for 500 dollars more than i had paid for it new, 2.5 years ago
i'd like to know what they sold it for
i'd like to know what they sold it for
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