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Avoid Used Car Sales Trap
- 1. There are a number of criteria that someone
in the car market place must consider
especially if they are considering purchasing
a used vehicle.
- 2. This process can include a number of hoops
that consumers may have to go through, but
in the end can save the consumer a great
amount of money.
- 3. When a car owner borrows money to
purchase the vehicle, the car is used by the
lender as security for the loan.
- 4. Once the owner defaults on the payments,
the car will be seized by the lender to
recover the funds.
- 9. When buying a used car, you need to check
whether its registration is in order.
- 11. Make sure that the numbers match the car’s
registration documents.
- 12. If they don’t match, then the car that you are
looking at is literally not the same car that
you are buying.
- 13. You should do more research and
investigation of the used car if you really
want to buy it.
- 15. If you want to make sure that the car is
worth your money, then have a trusted
mechanic look at its mechanical condition.
- 16. Make sure that the mechanic looks for signs
that the car has had some crash repairs in
the past.
- 17. Some of the indicators include missing
fasteners and over spray.
- 18. If you have discovered evidence of major
crash repair or damage, it is recommended
to forget about the vehicle and look for
another.
- 19. Another thing that you need to consider, is
to get an updated fair value assessment of
the vehicle you want to buy.
- 20. The values are for vehicles that have an
average condition with average mileage.
- 21. If the car is still in good condition, then
slightly increase its value.
- 23. Before sealing the deal with the used car
seller, you should be able to take it for a test
drive.
- 24. A test drive will give you an idea of how it
drives, as well as alert you to any problems
that the seller forgot to mention.
- 25. It is a good idea to let a friend, or a trusted
mechanic drive the car as well.