Sunday, 9 September 2012

Can A Used Car Truck Or Car Be Good Reliable Transport ?

By Nathan Portage


It can be said that "everyone drives a used car". Once your new car tires hit the pavement and roll out with plates out of the new car dealership your car, truck or SUV suffers great depreciation in value. After all "someone" ( meaning you in this case) has to pay for the beautiful new automotive dealership , the lot and building and overhead never mind to mention taxes of all types and labor costs to that business that sold you the vehicle.

In life no one is right or wrong so to speak. It's all a matter of perspective, personal needs and experiences - good and bad to the greatest degree and degrees. What those of the new car only buyer group fail to take into account and appreciate is that their own vehicle is "used' the very second they drive out of the new car dealership sales lot. The rough estimate is that once the car is registered with its VIN number on the books (in these days the state or provincial government auto registration system) that virtually 30 % of the value of the truck , car or S.U.V. (as a rough give or take guide) disappears into "thin air".

Yet in these modern times it is as easy as pie to check out vehicles. EBay is integrated with auto reporting agencies. Your local dealers will often do the service and provide the search or searches at little or no charge for you as a proof source of the vehicle if you are seriously and honestly considering purchasing said vehicle or even vehicles. Just don't be abusive of these fine people if they are honestly trying to help you out.

In addition if you look at used vehicles from another vantage point - they are broken in and tested. The vehicle has a track record and most bugs that often occur in new products have been worked out. The key is to do your homework and narrow down the search to rule out obvious problems and lemons , while as a consumer getting good value overall for your cash outlay. First of all before you start looking figure out your real needs for transportation. Everyone wants a two door sports car or convertible it seems. Yet few find these vehicles practical. Next in line consider your finances. Sit down and figure out your budget. If you have savings to cover cash deal great. In that case don't forget license, taxes and auto insurance. Don't leave yourself "car poor". If you are going the auto car payment financing route figure out again with the help of budgeting techniques and strategies what your maximum monthly payment should be. You might go on the low side and give yourself leeway just in case. If you are unfamiliar with such workups or are squeamish about it, ask a relative or close friend. With these figures in hand its best to be approved before you go shopping. This will give you the best negotiating position by far to drive down to the best deal. You can visit your banker or other financial institution before your shopping spree. If you are pre- approved great. If not you will be made aware of credit issues beforehand and what costs and remedies are, so as you are not left in the lurch. True a dealer may offer you a better deal on the spot as a sweetener to the deal or an inducement. If this is your luck - then great and is to your and your family's obvious benefit. Then it's a case of being ahead of the curve and well prepared ahead of the call.

In that vein even if the car or truck appears as the best choice in the world, don't become emotionally involved. The attitude should be that "there are plenty of other fish / vehicles in the ocean / dealer lots and online classified sites. Always insist that a reliable third party competent mechanic does a thorough once over on your "new "vehicle purchase.




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