5 Used Car Buying Secrets

September 09 2020
CBB

No one begins their used car buying journey intending to be ripped off, but making careless mistakes during the car-buying process could leave you with buyer’s remorse. Buying a used car doesn’t have to be a hassle. You can make sure you get the right car at the right price with these five secrets to successful used car shopping.

Research is Key
Buying a car can significantly impact your finances, that’s why careful consideration and planning should take place before the purchase of a new or used car. Don’t begin your search with open parameters, do your research ahead of time to find the type of car that meets your needs and your budget. Comparing similar makes and models through various manufacturers will help you narrow down which cars are right for you and your budget.

Treat Each Car as an Individual
When buying new cars, you know that they’re all in the same condition – new. When buying used cars, even two similar cars may be completely different with different mileage, different service history, different wear and tear. If it’s possible, try to find out as much information as you can about each car and see how those differences are factoring into the price. In our first secret, we mentioned research, this is where some of that research will prove useful. Knowing how condition affects prices will help ensure you’re getting a fair deal.

Exert Your Authority
Whether you’re going to a used car dealership or buying from a private seller, maintain your position of authority. After all, these people want YOUR money. Games and gimmicks can only work if you let them. By being prepared, you ensure that no one takes advantage of you. Know what condition the car should be in and what a fair price is, and don’t settle for anything other than what you know to be true.

Be Prepared to Walk Away
Even if you’re in a time crunch to find a car, the seller doesn’t know that. They don’t say, “good things come to those who wait,” for nothing. The saying is true, so you should be prepared to walk away. There is a surplus of used cars for you to choose from, from a variety of sellers. If you are unable to get the deal you’re after, walk away. Don’t feel pressured into a deal you aren’t comfortable with, we’ll say it one more time, walk away!

Leave Your Emotions at Home
If the success of used car buying had to depend on one secret, it’s probably this one. Buying a used car should be approached with logic, not emotion. Remember all those things you said and did when you had a little too much to drink and you were feeling a little emotional? Remember how you felt about it the next day? Us too. Don’t make that mistake during the car buying process and you should be golden.

When you’re shopping for your next vehicle, making sure you get a fair price and a great car are essential, don’t forget to consult these secrets before you head out the door!