Cash for Cars: Car Buyers Guide to Getting the Best Deal


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If you’re thinking about buying your first car or you're second, then you’ve probably encountered the question of how much it should cost. After all, who can give a good ballpark figure? 

In general, the price of a new car is determined by a few major factors: its price range, model year, manufacturer and condition. These details affect not only the price of the car but also what features it has and how much maintenance will be required in the future. 

The best way to get the most value out of your next car purchase is to do some research before heading out to test-drive or haggle with one of these finicky creatures. 

Car shoppers read on for more than just tips on getting a good deal on your next vehicle purchase; we have a full guide that covers everything you need to know about finding the right Cash for Cars for you, from what questions to ask before pulling off that driveway to negotiating prices with a dealer. 

Here are some common sense tips for getting the best deal possible when buying a used car that hopefully help ease those pesky fears:

 

What to look for when buying a used car

 

Condition:

The best way to gauge the condition of a used car is to drive it yourself, or at least take a look at it in person. You can also see if the car is in an organized and well-maintained condition online and by calling the car’s manufacturer. Any cosmetic defect or damage to the car should be noted so you can have it repaired before you take possession. 

Make sure it has a manufacturer’s warranty :

No matter how much you want the car, you’ll want to make sure it has a warranty. Not only will this protect you if something goes wrong, but it also allows you to make a small claim against the car if it’s worth less than you expected.

 

Research online before visiting the dealership

 

The best way to get a feel for a car’s price range before visiting a dealership is to do some research online. Look up the car’s model year and make, see what similar vehicles sell for and what their maintenance costs are. 

You can also use a shopping comparison site like Shopify to find out what other shoppers are saying about the car you’re interested in. Remember to be careful with the numbers you find; they’re only an approximation of the car’s value.

 

Know your vehicle’s value before you start negotiating the price

 

The price of any used car is going to be affected by its condition and the condition of the car’s bodywork. You’ll want to make sure the car has no major bodywork issues that will force you to spend more money on repairs in the future; a dent that requires minor work to fix, for example. 

Before you start talking about lowering the price, know what the car’s value is without the car’s bodywork. You can use reliable third-party auto valuation services like CarClear to find out what the car is worth without the bodywork. These services will use an algorithm to estimate a car’s value based on its model year and year of manufacture.

 

Ask for specific details about the car you’re buying

 

You should be asking the same questions of any car before buying it that you would when buying a house or apartment. If you’re looking at a car that’s priced below your budget, try to find out what makes the seller want to get rid of it. Is it the car’s condition? Is it the model’s year? Is it the seller’s lack of patience with the car’s maintenance? These details can help you avoid making the same mistake.

 

Be realistic about your budget

 

The best way to avoid sticker shock when buying a car is to know how much you can realistically spend on a car. Set a budget in your head of what you can and can’t spend on a car. 

This will help you know where to look for the best deals and it will also allow you to be more flexible if you discover a car that blows your budget out of the water.

 

Know what to look for when taking it to a mechanic before you buy

 

We all know the old adage that you can’t necessarily judge a book by its cover, but the mechanics are no different. You don’t want to walk into their shop and buy a car that’s going to need major repairs in the near future. 

That doesn’t mean you should be afraid to take your car to a mechanic, but you do want to make sure you’re buying a car that doesn’t require major maintenance or repair work. 

There are many ways to do this. Some good tips include taking the car to a mechanic that’s willing to drive the price down for you. If a mechanic mentions a particular problem with the car or shows you a problem, have the mechanic drive the price down a little bit more.

 

Bottom Line

 

Shop around before you buy, do your research online and know what you’re looking for before you hit the pavement. If you know what to look for and what to avoid, you’ll be better prepared to take advantage of the many deals and discounts on cars out there. And, as with any other major purchase, the better prepared you are, the better off you’ll be.

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