Buying The Best Used Car In 2015

It’s here. 2015 will bring many benefits and changes with it. For some lucky consumers, that includes a new car. But if a brand-new vehicle isn’t in your budget, a “new to you” car is exciting enough. But how can you ensure that you’re getting the best used car for your needs and your money? It’s important to ask the right questions, do your homework, and think strategically about key issues before making a purchase. This will help you avoid buyers’ regret and ensure that you’re on target for buying a car you’ll be happy with for a long time.

Understand depreciation

One of the biggest reasons to buy a used car is depreciation. When you drive a new car off the lot, it quickly depreciates and it’s nearly impossible to resell it at a comparable price. Some models may lose as much as half their value in the first year. Taking the time to understand how depreciation affects the models that you’re considering is a wise move and will ensure that you purchase a year, make, and model at a fair price that will hold its value reasonably well.

Use a certified program

Dealerships understand that buyers are leery of purchasing a used car that comes rife with problems. As a result, dealerships have created programs that allow consumers to buy a certified used vehicle.Certified vehicles have been subjected to a multipoint inspection process that makes sure that they are in fine working condition. It also helps guarantee that the condition of the car’s interior and exterior is the best that it can be. Typically, small dings or stains are fixed or removed, helping your new vehicle to look its best.

Consider a warranty

The truth about cars is that they’re more prone to problems as they age. In part, this can be a fact that dissuades buyers who don’t want to pay for a car and then be facing expensive vehicle repair bills. One of the easiest ways to deal with this is to purchase a warranty. Find out if the original manufacturer’s warranty is still in effect and then consider the possibility of buying an extended warranty. Companies offer different levels of warranty that range from power train protection to full coverage policies that allow you to take care of any problem that arises. Over time, a warranty will give you the peace of mind to know that major repairs were covered.

Take it for a test drive

Be sure to really look over the car that you’re considering purchasing. Give it a full inspection inside and out to make sure you personally are happy with the condition. Ask an objective mechanic to look under the hood. Finally, don’t be afraid to take it out on the road to make sure that it handles smoothly and you’re happy with the overall condition.

Buying a used car is a great way to get a vehicle you love without spending too much money. Choosing a certified vehicle, buying a warranty, and taking it out for a test way will help ensure you’re making a purchase you’ll be happy with long-term.

About the author: Greg Manna is a mechanic in Miami, Florida. He writes about automotive news and tips for readers in a wide range of publications.