|
|
||
![]() |
|
|||||||||||||||
| Email This Page To A Friend! |
|
By Kyle Busch
More and more people are realizing that the cost of new transportation can really throw a budget into reverse. In many instances, today's new vehicle prices compare to the cost of a new home just a generation ago. Since dependable transportation is a necessity--do not despair; a two to four-year old used vehicle can be purchased at a savings of 25 to 50 percent as compared to its cost when new. Additionally, the number of well-built, dependable vehicles has increased during the past decade. When well maintained these vehicles can be driven for many miles, and they are now available at substantial savings. The purchase of a dependable, reasonably priced used vehicle is not a matter of chance or luck, but rather, it is a matter of knowledge and understanding. Becoming informed is one of the most important factors in successfully purchasing a dependable used vehicle at the best price. Gathering Information: Variety is the spice of life. Certainly, the number of vehicles that are available today can add spice to one's daily travels. Literally hundreds of different vehicles are available, but which one is the best for you? To better determine the vehicle that satisfies your transportation needs, first take the time to carefully identify your current and future driving needs, then become aware of the many available vehicles, and finally, zero in on the vehicles that best meet your needs. A very dangerous frame of mind to be in is to "fall head over heels" for a particular make or model of vehicle based purely on emotion. Although some emotion is always part of life, it is wise to put excessive emotions aside and focus on day-in and day-out transportation needs. Some questions to consider about transportation needs include:
If you are not familiar with which vehicles meet your transportation needs, consider visiting a local public library to consult the yearly publication or the April magazine issue of Consumer Reports. This objective information source provides technical specifications for vehicles including the size, weight, engine horsepower, optional equipment, and miles per gallon of fuel. If technical information is desired for a specific used vehicle, review the Consumer Reports issue that matches the vehicle's year (1998 Toyota Avalon--consult the 1998 April issue of Consumer Reports). After determining the type of automobile, sport-utility vehicle, or minivan that satisfies your needs, it is worthwhile to consult Consumer Reports' frequency-of-repair information to identify specific vehicles that will likely have fewer future repairs. Regarding the frequency-of-repair information, if a vehicle of interest is six years old or less, consult the most recent April edition of Consumer Reports. If the vehicle is more than six years old, add five years to the vehicle's year and then consult that year's April issue of Consumer Reports. Web discussion groups are also a good source of "from the street" information for identifying the strengths and weaknesses of specific vehicles. It is a good idea to identify at least two or three used vehicles that meet your transportation needs. Then, instead of being in a position to only consider vehicle A, you will have the flexibility to consider vehicle A, B, or C. This increases your ability to purchase a used vehicle that is in excellent condition at the best price. In addition to becoming informed about particular vehicles, it is worthwhile to learn the approximate prices for vehicles of interest. To obtain a general idea of vehicle prices, consult the current monthly edition of the N.A.D.A. Official Used Car Guide at a public library, bank, or automobile dealership. Vehicle price information can also be obtained by consulting the vehicle classified sections of major newspapers at a public library. This is a convenient way to get a read on future prices, because vehicle price trends usually begin in major cities and then progress to other areas of the country. The bottom line on becoming informed about vehicles and prices is to obtain a used vehicle that is in excellent condition, with a low repair history, and at a substantial savings. Identifying Used Vehicle Sources: There are a number of possible used vehicle sources from which to choose. Rather than becoming overwhelmed with all the possible sources, keep in mind that each source is actually competing with the others. Therefore, when shopping for a vehicle, be certain to let each source know that you are also considering the other sources. Some of the sources to consider when buying a used vehicle include:
Contacting a used vehicle source by telephone and obtaining specific information can help to reduce unnecessary legwork. The telephone inquiry will enable you to determine if a vehicle is worth your time to investigate. Some questions to ask a private owner or other used vehicle source about a vehicle include:
The interior and exterior inspections and the vehicle test-drive are used to verify the information obtained during the telephone inquiry. Be Sure to Also Check Out
|
|