Did you know that when you buy a new car and drive it off the lot it instantly depreciates between 10-20%? Are you looking to buy a used car to avoid such a high depreciation? We are here to help you know what questions to ask when buying a used car.
Keep reading to learn what to ask and help you make a purchase you are happy with.
1. Where Was the Car Inspected?
If you are buying at a dealership or from a reputable place like whymonstercars.com they should be able to provide who inspected the vehicle before they listed it for sale. If they claim that they inspected the vehicle there, then ask to see where the technicians work on the car.
When you buy a used vehicle from a private seller you can ask if they will allow you to take the car for an inspection to a local mechanic of your choice. If you choose to do this it typically costs around $100 for a full inspection but it will be worth it for peace of mind.
2. What Is the Vehicle History?
Make sure to ask if the car has been in any accidents and how it has been maintained. You have the right to ask for the vehicle identification number (VIN) in order to pull a vehicle history report.
This report will cost you around $40 but it will give you information like the service and repair information, any reported accidents, and the vehicle registration information. This report can give you hints into how well the vehicle was taken care of.
If you see repairs spaced out then more than likely the car has been taken care of. If you notice a ton of repairs in a rather short amount of time then maybe there is an underlying problem with the car.
3. Does the Vehicle Have a Title?
If you are buying from a private seller this is a very important question to ask. You want to make sure that the car has a clean title. The reason is that when you buy a used vehicle the seller will have to sign the title over to you in order for you to put the title in your name.
Having the car title means that the owner owns the car and already paid it off. When you buy at a dealer or a car sales place this question might not be as useful because they can’t sell you a car without a title.
Now You Know the Questions to Ask When Buying a Used Car
Buying a car is a big purchase and now you know what questions to ask when buying a used car to avoid regretting your purchase. There is no better feeling than knowing that you bought a car for the best price possible.
Keep in mind that when you are dealing with a reputable seller or dealer they will not have a problem providing the information you are asking for. If they do this is a possible red flag, and it might be best to walk away.
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