A lot of people would prefer having a pre-loved car to purchase than a brand new one. There are quite a lot of compelling choices to get a secondhand car despite the fact that there are a huge number of good, brand new choices available nowadays.
First of all, you may really want to buy a specific car model for years now and you may have actually found one of a particular model year with a much lower price today. It could also be that you already have the cash needed to buy a car but you just don’t want to put up with years of payments like you might be required to do when getting a brand new car. You may also be running a small business and somehow you see yourself saving a lot more cash if you just get a used car to own compared to getting a brand new one.
However, you should also consider the fact that these used cars might already have its pitfalls. You can depend on the car’s reliability based on the manufacturer’s engineering, previous owner’s habit of driving and maintenance, as well as the mileage on the car, which is unlike a brand new car where you can actually expect everything to be running perfectly. It would be best if you take the following things into consideration when taking the leap:
Depending on the mileage of the car, you may have to replace a few parts. Changing little things can be relatively inexpensive such as fuel filters and brake pads, but you should also think about dealing with major items like getting a new A/C compressor, new radiator, or even things like transmission overhaul. You should also see to it that you get yourself a copy of the car’s periodic maintenance schedule so that you’ll exactly know what to do with the car.
There is absolutely no need for you to be cheap. You can always be thrifty but avoid delaying replacements of worn parts because you’ll end up having to spend more. In case of the cooling system, delaying its needed replacement will only cause a domino effect.
You have to have enough budget for two things: initial car purchase and for necessary replacements. You might want to set aside, say 20% of the total price as your budget for fixing things. This way, you’ll have the resources needed to deal with parts that needed replacing.
Never forget to do your research on the particular car. If you’re interested in a particular model, you should talk with friends who also owned such model so that you’ll know better regarding the reputation of such car.