tips on purchasing a used vehicle from dealership
TRANSCRIPT
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Tips On Purchasing a Used Vehicle From Dealership
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My first car was a very used vehicle.
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In fact, it might have been the very first hybrid car in existence.
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You see my first car was part Toyota, part Suzuki.
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It had parts from both manufactures so I called it my Toysuki.
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My first car offers a cautionary tale to anyone interested in purchasing a used
vehicle. buyer beware.
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Buying a Used Vehicle From a Private Seller
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When you are buying a used vehicle, if the sale of the used car is a private sale, between the current owner and you, it will most likely
not be covered by your state's implied warranty law.
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In other words, you are buying the car "as is".
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This means that if the car has a problem, know or unknown by the previous owner,
that problem is now yours as the new owner.
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Buying a Used Vehicle From a Dealer
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When you are buying a used vehicle from a dealer, things are different.
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The dealership Certified Pre-owned Program means that the vehicle has gone through a through mechanical and physical inspection
before the dealership puts it up for sale.
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The car will most likely come with a warranty and you will also most likely be
protected by your state's consumer protection laws such as implied warranties
and warranties of merchantability.
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One thing that you want to stay away from when buying a used vehicle is to allow
yourself to become smitten with a particular model and to ignore doing your homework
on that model vehicle.
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Make sure that the vehicle meets your list of
requirements for both design and function.
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If you are married and have four kids, a two seat sports car may fit your design
requirements, but will it meet your function requirements as well.
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Your wife will most likely not be happy being tied to the trunk of the car as you drive down
the road.
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When buying a used vehicle, take the time and spend the money to have your own
mechanic check it out.
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Sure the sales person at the dealership tells you that this car was driven by a little old
lady who never drove it over 50 MPH.
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Have a unbiased third party that you know
and trust tell you whether you are
looking at a lemon or not.
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Buying a used vehicle can save you money, but don't be impulsive, do your due diligence
and enjoy your sweet new (but used) ride.