Guide to Buying Secondhand Cars

Gather information before you buy a secondhand car.

Proper research and preparation will eliminate some of the risk in buying a secondhand car, according to the How to Buy A Used Car website. Reading consumer reports and car reviews, and asking the right questions, help to ensure a good transaction.

Considerations

When considering buying a secondhand car, first decide on a budget and know exactly how much money you have available for the purchase. Enter a dealership with an idea of what make and model car you want. Test-driving several of the same model cars makes it easier to compare performance and choose the best one.

Check History

After you have narrowed your choice to the car you want to buy, check its history record with a trusted database service. You need the VIN--vehicle identification number--found on the title or under the windshield, to order a history report. The report is not free, but you may save yourself a several-thousand-dollar buying mistake by obtaining the information.

Warning

The Federal Trade Commission--the FTC--cautions buyers on its website to ask for complete information on warranties, guarantees, and the dealer's return policy. Understand each part of the transaction before signing papers to buy a secondhand car. If you are financing the purchase, make sure you are given exact terms and know the total cost of the vehicle.

References

• Samarins: Buying a Used Car
• Federal Trade Commission: Facts for Consumers: Buying a Used Car