Used Cars Made Easier

Most people are often jittery and anxious about buying used cars. Agreed used car purchases can be a little confusing and frightening for first time car buyers. There are commonly held perceptions of used cars being terrible investments, white elephants and so on. It all depends on a little bit of luck and careful planning and decision making. It all rests in your hands at the end of the day. If chosen carefully, a used car can make for a terrific investment, one that gives you tremendous value at a substantially lower price. Does this sound too good to be true?

Buying a new car will set you back by a far distance. You should be prepared to shell out close to 20-25% of the original car price on additional charges and duties. This is mainly charged in the form of duties, import duties, taxes, registration charges, governmental fees and other charges. You will also have to shell out a fat amount of money on car insurance. Also, new car prices have increased to a huge extent nowadays. This is mainly due to increases in costs of manufacturing parts. Alongside, governmental regulations stipulate the imposition of higher taxes on cars exceeding a certain height and length. If you are buying any SUV or some sedans, be prepared to shell out even extra. What transpires is that you end up paying way beyond your original budget.

Loan delays and paperwork further add to the frustration and always keep you on tenterhooks. Alongside, there are long waiting periods to endure as well in most cases. Why go through all these hassles? You are better off buying any secondhand car instead of taking all this trouble. You just have to rely on your own wisdom and employ some common strategies to land a good investment.

While buying any used car, you have to be careful of the asking price. Often, used car sellers inflate prices to a great extent. Always try to do your research beforehand by checking out online car classifieds. These portals will also give you an idea of the prevailing market prices for the particular model or car type you desire. You should buy your used car from these classifieds websites as they give you great deals in any other city of your choice. You will find dozens of advertisements which you have to browse through. Once you have chosen a few prospective models, contact sellers directly if details are provided or reply to the advertisements in a jiffy.

Negotiate your prices carefully with the seller. You do not want to set a price that is outrageously low or end up buying the car for a much higher price. Always set a bottom line price that is about 40% lower than the original asking price. Even if the seller scales up the price above this figure, you will still get a far lower price than before. This strategy has often been seen to work. Online classifieds portals can give you fabulous deals on used cars. Use them wisely and reap the benefits.