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Buying a Used Car - If Cars Could Talk
Many of
us have owned a used car that at best is a
disappointment, and at worst a nightmare. A used car can
have so many problems hidden to the typical consumer
eye including accident damage, counterfeit title and
poor maintenance leading to a failing mechanical
condition. It would be nice to have the inside scoop
before you lay
down your hard-earned cash. Luckily, there are a
few warning signs that, if heeded, will result in
greater confidence when making your next used car
purchase.
Warning
#1 - No Service Records
The only way to be sure the previous owner(s)
were vigilant caretakers of your prospective purchase is
to see written service records. If there are no service
records, you really have no way of knowing if the
vehicle has been cared for properly. Always check for a
windshield sticker showing when the next oil change is
due and if the date is past due, ask the seller why.
Warning #2 - Vehicle
Accident History
Obtaining a credible vehicle accident history
report is not only wise, but also an essential step
before buying a used car. You can easily access such
reports on the Internet using the vehicle's vehicle
identification number (VIN). The charge for such a
report is usually around $20. There are a number of Web
sites, such as www.carfax.com or www.autocheck.com, that
will offer these services. These reports will show
damage history, as well as odometer history and title
problems.
Warning #3 - Mechanical
Issues
You can probably lift the hood and look for
leaks and general cleanliness. The result of such
inspection might give rise to some concerns about
general maintenance, but nothing replaces a careful
inspection by a qualified mechanic. There is a cost for
a pre-purchase inspection, but it might be the best
money you ever spent. At worst,
if the car is a junker you can walk away avoiding a
tragic mistake. If the inspection points out any
acceptable deficiencies, you can use the report to get a
better price on the vehicle.
Warning #4 - The Problem
Title
Both AutoCheck and CarFax reports will show any
title deficiencies. If a car has received extensive
water damage it might have a flood title, and a vehicle
that has been declared a total loss by an insurance
company will have a salvage title. Most people will want
to walk away from cars with either of these types of
titles. You can reduce your chance of a fraudulent title
by contacting the Bureau of Motor Vehicles. Pay close
attention to any signs of tampering, either on the title
or the serial number plate on the automobile.
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