5 Common Mistakes When Buying a Car
It is usually not wise to rush when making and important decision such as purchasing a vehicle. People usually have several tasks on their weekly to-do lists and they try to do them as quickly as they can even if it is about making long-term purchases. That is the main reason leading them to make mistakes and to suffer “buyer’s remorse”. Most folks can avoid these mistakes if they don’t rush in, and think more about the deal, especially, when it comes to buying used cars.
5 Common Mistakes when Looking for a used car:
- Waiting until the last moment: If buyers know that in a month they will need a car, they should start searching for it today. Procrastinating will usually lead to having to choose from a lower number of options and the final option will likely not be the best one. Another mistake is searching for an ideal option for affordable price (which may not even exist). One should leave some time to make a better and more informed choice.
- Not looking at ownership history: Most people don’t like spending $10-20 on a car history report thinking that knowing the car’s mileage is enough. The Internet is full of sites similar to FAX VIN, which can provide a title check using car’s VIN number and combine it all into a straightforward report. Frugal people sometimes risk paying twice, and if people trust everything that sellers tell them – they are likely to get into a risky position.
- Using other criteria than for choosing new cars: When drivers choose a new vehicle, they don’t like to waste a large amount of money. That is why they visit sites of National Highway Traffic Safety Administration using its criteria for making the right choice. Used car buyers often choose from available inventory and sometimes end up compromising on safety features in order to get the vehicle faster. When you buy any vehicle you should expect driving it for a couple of years so you should approach the purchase almost as if you were purchasing a new vehicle.
- Paying too much attention on prices: Lower price doesn’t always mean that you get value from the deal. Sometimes sellers set prices lower than vehicle’s market value so as to get rid of it faster. Always double-check and request the VIN-check report and don’t hesitate to ask, “why so cheap”. Don’t be taken advantage of by sellers searching any opportunities to benefit;
- Inspecting the car alone: If you don’t have much experience with cars, you should invite a more knowledgeable friend or relative. If you are confident enough in your car knowledge, you should still invite someone along. Deceiving two people is harder than deceiving one. Make the seller aware that you are not alone and your chances of success will be much higher.
How to Make an Impartial Choice
No matter which car they sell, vehicle owners always want to sell their vehicles as fast as they can (even if they are official dealers). The more information you have, the more impartial your choice will be. And never forget to test-drive the car that you are buying. Remember that you are buying the vehicle to for the long-run, and if you don’t feel comfortable with any aspect of the purchase – just walk away.