One of the biggest moments in many people’s lives is driving off in their brand-spanking-new automobile. It’s an exhilarating feeling. It’s also a big moment because in that very instant, that brand-spanking-new car loses a big chunk of its value-the difference between the retail price you paid and the car’s wholesale value. That’s typically thousands gone in an instant.
That’s why some car buyers choose to shop around for a used car. You save yourself that steep initial drop-off in value. More importantly, you get a car that runs just as well, is just as dependable, and looks and feels as good as that new car-that is, if you play your cards right.
For if there is one pitfall of buying a used car, it’s the risk of buying a lemon, a junker-call it what you want, you get the point: the wrong car. Used car dealers, after all, have nearly as bad a reputation, if not worse, than lawyers do. This holds true for individual people selling their cars through newspapers, Web auctions and classified sites, or with the old-fashioned signs in their car windows. The saying, “Buyer Beware,” no where has more meaning than with cars.
The opposite to that, of course, is that there are some real steals out there in used cars. We’re talking about quality vehicles that will perform beyond your expectations at a low price. Here’s how to find these perfect used vehicles, and avoid the top 10 scams that used car dealers everywhere try to pull on you.
