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Archive for June 6th, 2009

You can purchase your new previously owned car from an independent used car lot, a new-car dealership, an auction, a used car superstore or a private seller. Wherever you decide to buy your car, there are some important things you need to know.

While your heart will play a big role in your decision, don’t lose your head. Be willing to walk away from the car if the deal doesn’t meet the criteria you laid out earlier. Your ability to negotiate a great deal will increase by magnitudes.

Always know the market value of any car you’re considering and make your first offer lower. It’s always easy to go up from your initial offer, but you probably won’t be able to negotiate down from there. Several websites offer pricing information to help you determine the value of the car.

You should always be concerned about buying “someone else’s problems.” Make sure you get a detailed vehicle history report and service records from the person selling the vehicle. A vehicle history report can identify major problems including past accidents, flood damage, and odometer discrepancies. When you decide to buy a car, make sure you get it checked out by a trusted mechanic before you give the seller any money.