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Wednesday, June 15, 2011

Top 5 Mistakes Made When Purchasing a Used Car

Many people make mistakes when purchasing a used car and those are mistakes that can be easily avoided as long as you take the time to think things through. Making a mistake while purchasing a car could be disastrous and result in losing tons of money on a poor investment that will not pay off. The top five mistakes made are:

1. Not getting a detailed account of the vehicle's history: It is important that you know everything about the car's past before you purchase it.
2. Not asking questions about the vehicle warranty: You need to understand its warranty or else you may have to bite the bullet in the future.
3. Not being informed about what's been done with the car since it arrived at the dealer: You will want to know what issues have been corrected by the dealer so that you understand what could become a problem down the road.
4. Not taking an adequate test drive: A 15 minute drive is no where near long enough of a drive to know about a car. Ask about taking the car overnight so that you may really know about the car and how it drives.
5. Waiting until you're at the dealership to think about financing: You will want to know how you are going to pay for a car before you try and buy one.

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