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Tuesday, June 12, 2007

Buying a Used Car - I

It can be a nightmare, especially if one has a budget.

Why one should buy a used car? Obviously because one cannot afford to buy a new car. Buying either a used or a new car is complicated because of the wide variety of automobiles and models in the market. If one has a fixed budget, it may be hard to get a car of one’s choice.

Generally the factors that should be considered while buying a car are the price, the make and model of the car, the condition, the mileage, repairs required, safety and emission testing etc. There could be many other factors that one has to consider while purchasing a car.

A used car can be purchased from a used car dealer, directly from car owners, from brokers or from government sources. There are many seized cars available from public agencies as well.

There are some varieties of cars which are in high demand. This is especially so with some Japanese cars. These cars are in high demand and have a good resale value.

In fact resale value should have a higher weight age while buying a second car. This is because if one does not like a previously owned car, one should be able to resell it without much loss of value.

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