Tips on buying a used car from a dealer
Posted By MyGuy
Used cars are sold through dealerships, rental car companies, used car
superstores and even on the internet. When considering your options, think
about your driving habits, your needs and your budget. Ask friends, relatives
and co-workers for recommendations before you start shopping for a car.
When purchasing from a dealer, consider the dealer's reputation when
advertising claims are made about "no-haggle prices," "factory
certified" used cars, or better warranties. Before you purchase from
a dealer, ask about the dealer's return policy. Get it in writing
and read it carefully. Dealers are not required by law to give used car
buyers a three-day right to cancel.
The right to return the car in a few days for a refund exists only if the
dealer grants this privilege to buyers.
Dealers are required to post a Buyer's Guide in every used car they
offer for sale. The Buyer's Guide does not have to be posted on motorcycles,
most recreational vehicles or by anyone who sells less than six cars a year.
The Buyer's Guide is an important tool and should tell you:
- whether the vehicle is being sold "as is" or with a warranty
- what percentage of the repair costs a dealer will pay under the warranty
- get all promises in writing because spoken promises are difficult to enforce
- keep the Buyer's Guide for reference after the sale
- what to look for regarding the major mechanical and electrical systems
on the car
When you buy a used car from a dealer, get the original Buyer's Guide
that was posted in the vehicle, or a copy. The Guide must reflect any
negotiated changes in warranty coverage. It also becomes part of the sales
contract and overrides any contrary provisions. For example, if the Buyer's
Guide says the car comes with a warranty and the contract says the car
is sold "as is," the dealer must give you the warranty described
in the Guide.
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