Things You'll Need:
- Internet (Apparently you have that covered)
- Time and Patience
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Step 1
First off, identify what type of vehicle is right for you. For example, if you have a family, you will need a mid-size or larger sedan. But keep in mind fuel economy, repair costs and any features that you will require. Reliability, utility (like a pickup), appearance and drive ability are other important factors. These are all things you can browse on the internet, or, pay attention to cars you see during the day and find out what they are so you can research them later.
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Step 2
Locate your vehicle of choice through either internet (eBay, auto trader), used car lots, or, to kick it old school, newspapers and used car magazines. Expect to pay more at a car lot, but try and acquire some type of warranty. They make cars easier to find and provide financing, but you will pay for the convenience.
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Step 3
Inspect individual vehicles you have found. Compare the price by entering the specific vehicle information at Kelly Blue Book's website, and compare to prices from other sources. If using EBay or purchasing from a great distance, there are outside inspection companies (SGS) that will look the car over before you purchase it. If it's local, you can either pay a mechanic to look at the car, or glance it over yourself.
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Step 4
While inspecting or going to look at a vehicle, bring a friend. It helps to have two sets of eyes, and they can also help keep you from being gulled (no offense). Drive the vehicle and make sure you feel comfortable. Ensure it handles properly with no loud noises, vibrations, etc. Don't be afraid to drive it for a while to ensure it doesn't overheat, shut off or anything else. Look at the paint and make sure it's still in good condition and the same all the way around. Matte looking panels are signs of an accident, as are bolts for the fenders that look like they have been removed, odd looking gaps, etc.
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Step 5
Use a quarter instead of a penny. The tread should be above upside-down Washingtons head.If you can peek through the wheels and look at the brakes, the pads surface should be thicker than the backing plate it's attached to. Check the tires tread with a tread gauge, or a quarter (see image). Look for rust, anything broken (glass, side mirrors, interior parts like the radio etc), or musty odors (water damage possible here). Under the hood check all the fluids for burnt odor and condition. Look under the oil cap for sludgy build-up. This is a good place too look around for accident damage as well (fender bolts are on the left and right under the hood). Make sure everything works. The sunroof you forgot to check could be a $1200 repair.
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Step 6
Once you find a vehicle you feel comfortable purchasing, you may want to invest in a Carfax report. They guarantee against odometer fraud, flooding, accidents and check for safety recalls. Negotiate a fair price, but don't settle if you don't feel comfortable. There are ALOT of used cars for sale out there. On the flip side, know when you are getting a fair price.
