Unaffordable mistakes related to used car purchase

Many people prefer buying used cars because of the cheap prices of them without compromising the quality. Purchasing a slightly used motor vehicle like the one which is 2 years old manufacturing and has run under 30,000 miles will be a smart choice. Benefits of purchasing used cars are many like lower buying price. You can cut down the significant thousands of dollars that the dealers add up to the bill in name of sales tax. Lot of people may not be aware of the fact that in most of the states the fees for auto registration services is based on the model year and the vehicle’s value. You have the opportunity to save thousands of dollars on the registration. Experts suggest purchasing motor vehicle that is at least 3 years old and better if 5 years old.

COMMON MISTAKES POTENTIAL USED CAR BUYERS SHOULD AVOID

Now when you have made up your mind for purchasing a new but used car, it is worth preparing for good deal. Does good deal only talks about negotiating the overpriced cars? There is much more about it. Read what you should avoid doing while getting into a deal.

1. Not researching enough about the set of wheels. Before meeting the private seller, you should gain enough information about the model, its features, expert reviews and compare the costs. A smart car buyer would invest lots of time in doing the research and lots of reading online. After all, it is the most expensive purchase of yours after your home.
2. Shopping for a used car on the monthly installments alone. It is a big no. People may think that the lower monthly payment is good to manage their finances but if you look at the long term perspective you end up paying much more than the actual price. You should in fact purchase it with most of the cash available and set on the higher monthly payments. Due to compounding interest, you will be able to pay back the principle amount in shorter time period.Eliminate the mistake of buying it on monthly payments if you are in capacity of buying it with available funds.

3.Not checking on the documents of the vehicle. You will not be interested in buying a stolen car. Will you be? This is very important that you check on the documents and look out the DMV services record of the set of wheels you want to drive soon. From registration to title everything should be in place. If they are not, then speak on this with the seller on immediate basis.

4.Not getting it inspected by mechanic. Call a professional for inspecting the car thoroughly and get an OK certificate from him. Don’t forget to test drive it at the same time.

ABA auto registration sorts out most of the DMV problems. It is a licensed DMV service company since 2000 and provides services such as DMV registration, renewal, title transfer, violation resolution services and many more.