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Steps in Buying Used Cars The selling of used cars in the US has seen a rise in sales, such that an estimate of about 40 million used cars are sold each year. Due to the fact that there are a variety of used cars in the market, choosing the right one for you can be very challenging. There are, however, shopping advice team online, which can provide you assistance in terms of giving helpful tips for you to consider. Here are tips that can help you in your endeavor to search for the right used car. It is of prior importance that a budget allocation be factored in so that searching for a good used car must include its corresponding price ranges which should be within your budget allocation. One must also bear in mind that used cars are subject to more maintenance care, like new tires, regular engine maintenance check-ups, etc and this translates to adding these expenses into your budget allocation, as well as ownership costs like fuel and insurance. If you’re taking a loan to pay for your car, the rule of thumb is that your car payment should not be more than 20% of your take-home pay. Have a target list of at least three brand cars, which is well-known for their reliability, good material construction, sturdy maneuvering, including their price range which should fall within your budget frame. It is also good to check if the used car you have chosen, which is less than 5 years, is backed with a CPO (certified pre-owned) warranty, which is a warranty provided by the car manufacturer and not from the car dealer. In this manner, you are assured of a good brand car.
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It is important to note that the prices of a used car are also dependent on the location and on CPO warranty. The prices of used car can be affected from the location on which they are displayed, such as new car dealership display lot, independent used car lots, and used car retailers, and among these, the used car retailers offer the lowest selling price.
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Knowing the history of the car can guide you to decide if you should buy the car or not. In securing the used car’s vehicle history, you can sourced this through AutoCheck and Carfax, which can not only give you the vehicle history but also if the car has a salvage title, meaning that the car has been declared a total loss by the insurance company or if the car’s odometer has been rolled back. By contacting the seller, you are able to get more information about the real condition of the car, which is vital in your decision to buy the car or not. As much as possible, get hold of an experienced mechanic to check on the used car, so that whatever is his evaluation should be a basis in your decision to buy the car or not. Allow you and the mechanic to test-drive the car, so you can have an idea if this is the right car and model for you and if it is in a good condition.