You should be aware that the vehicle you're buying is used. Exactly how used will depend on each individual vehicle, but you should definitely remember why it's called a used vehicle. That means every used car is a gamble, no exceptions.
The other thing you should be aware of is the many myths that...
Best answer: You should be aware that the vehicle you're buying is used. Exactly how used will depend on each individual vehicle, but you should definitely remember why it's called a used vehicle. That means every used car is a gamble, no exceptions.
The other thing you should be aware of is the many myths that people believe are true about dealerships and used vehicles. Here are but a few of them...
Myth #1: If a trusted mechanic inspects the car and finds nothing wrong, you're safe. That one is BS because a mechanic will only do a quick inspection. They can tell you if anything is worn out right now or will be worn out in the next 30 days or so, but that's all they can do.
Myth #2: Always get the Carfax (or similar report), because a vehicle history report is the final word on the history of that car. Cue the loud buzzer, because this one is totally wrong. There is no official authority on vehicle repair history, period. The only time the authorities get involved is if a vehicle was declared a total loss and / or rebuilt and re-certified, and that's all they'll tell you.
Myth #3: You can buy the SE or the EX model of that car, but don't buy the S-EX version because it's classed as a sports car by the insurance companies. And don't buy anything red, because that costs more to insure. Again, wrong. There is no such thing as a red paint surcharge or a sports car classification with insurance companies. More expensive cars are more expensive to insure period, and a low-slung coupe with sleek lines and a ballsy motor always costs more than a minivan.
Myth #4: Dealerships like to tamper with the odometers to inflate their prices. While I'm sure they would like to do that, the risks outweigh the rewards. Any mechanic (or registered dealer) can spot an altered odometer in about five seconds, because it's almost impossible to crack an odometer open without leaving really obvious evidence of tampering. It can be done, but the guys who can do it charge an absolute fortune for their skills. When a dealer is caught messing with odometer readings, they face serious criminal charges and their reputation is permanently destroyed. It's simply not worth trying, not for a few measly hundred or thousand bucks in revenue.
Myth #4: A seller (private individual or registered dealer) always has to know and fully disclose any and all previous damage and or repairs to the vehicle. Way wrong. While people are expected to remember (and required to disclose) things like their vehicle being destroyed in a crash or flood, they aren't expected to remember every ding, bump and repair job.
There are many more myths, but those are four of the most common.
5 days ago