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". Someone it seems has to pay for the costs of the dealership, its overhead , labor costs of the employees and all the government regulatory fees and taxes. Unless you are President Obama you might not understand this. Nothing is for nothing is the adage and "There is no such thing as a free lunch". Yet if you do buy "used" or "low km" and offload that initial 30 % depreciation hit in the car buying system , to the original owner off the lot be wise and prudent. Take the extra care and precautions of having your vehicle inspected professionally. Pennies spent on a vehicle inspection can save you many thousands of dollars and heartache later. You don't have to be a Laura from Grande Cache to get this point. It is often said the best way to sail a vessel in a gale is not to be out in the storm in the first place. Have your vehicle inspected by a licensed mechanic or better yet a factory trained technician of the very car or truck make or brand that you are considering purchasing.
On the other side of the highway, buying a used car means that you don't have the "pleasure: of dealing with new car salespeople. Your options are actually much greater. There are myriads of people selling used cars privately. You can look in your local newspapers; you can check classified ads online for free on such services as Craigslist, Kijii or other local or national listing services. If you are willing to travel and be adventurous you can even expand your geographic horizons with national - even international services such as eBay which cover the US and Canada in one swoop. Financing can be at your local bank or credit union if need be. Just with private sellers alone you will generally have more choice than in dealing with a handful of dealers in your local area. In addition both new car and used car dealers offer used cars for sale. In some cases it's a matter of more stock and variety in one setting so that you don't have to drive around great distances. In other cases people feel better and more comfortable dealing with a solid company with recourse than a private person who may take little responsibility for events after the sale. With a real firm, they are licensed, they are in the trade so that if the car or truck has issues these should have been diagnosed and taken care ahead of you signing on the bottom line accepting the legal contractual agreement - binding to both parties.
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.
It amazes those that are "old timers "in the auto trade just how much information now becomes readily available with a simple computer accessed vehicle report - and for a fairly small fee. As an auto buyer of a used vehicle you should have tool and tip at your fingers to find your perfect vehicle and haggle the best price for it. After all it is your signature on the dotted line, and you who will assume auto payments as well as maintenance and expensive repair costs. Hence avail yourself of all the benefits modern technology and information service technologies have to offer you when you are out on the prowl for a new 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". Someone it seems has to pay for the costs of the dealership, its overhead , labor costs of the employees and all the government regulatory fees and taxes. Unless you are President Obama you might not understand this. Nothing is for nothing is the adage and "There is no such thing as a free lunch". Yet if you do buy "used" or "low km" and offload that initial 30 % depreciation hit in the car buying system , to the original owner off the lot be wise and prudent. Take the extra care and precautions of having your vehicle inspected professionally. Pennies spent on a vehicle inspection can save you many thousands of dollars and heartache later. You don't have to be a Laura from Grande Cache to get this point. It is often said the best way to sail a vessel in a gale is not to be out in the storm in the first place. Have your vehicle inspected by a licensed mechanic or better yet a factory trained technician of the very car or truck make or brand that you are considering purchasing.
On the other side of the highway, buying a used car means that you don't have the "pleasure: of dealing with new car salespeople. Your options are actually much greater. There are myriads of people selling used cars privately. You can look in your local newspapers; you can check classified ads online for free on such services as Craigslist, Kijii or other local or national listing services. If you are willing to travel and be adventurous you can even expand your geographic horizons with national - even international services such as eBay which cover the US and Canada in one swoop. Financing can be at your local bank or credit union if need be. Just with private sellers alone you will generally have more choice than in dealing with a handful of dealers in your local area. In addition both new car and used car dealers offer used cars for sale. In some cases it's a matter of more stock and variety in one setting so that you don't have to drive around great distances. In other cases people feel better and more comfortable dealing with a solid company with recourse than a private person who may take little responsibility for events after the sale. With a real firm, they are licensed, they are in the trade so that if the car or truck has issues these should have been diagnosed and taken care ahead of you signing on the bottom line accepting the legal contractual agreement - binding to both parties.
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.
It amazes those that are "old timers "in the auto trade just how much information now becomes readily available with a simple computer accessed vehicle report - and for a fairly small fee. As an auto buyer of a used vehicle you should have tool and tip at your fingers to find your perfect vehicle and haggle the best price for it. After all it is your signature on the dotted line, and you who will assume auto payments as well as maintenance and expensive repair costs. Hence avail yourself of all the benefits modern technology and information service technologies have to offer you when you are out on the prowl for a new vehicle.
About the Author:
Safety testing regulations vary through the different provinces. In legal jurisdiction of Manitoba , upon buying a car (new or used), a valid safety check a valid safety check must be done before it can be registered. New & used car & truck dealers are required to provide the buyer with a new safety, while private sellers are not.
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