tips for buying used cars

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Tips for buying used cars (AOL Autos) -- The main "ups" of buying a used car are the lower initial purchase price, as well as lower property taxes (where applicable) and insurance costs. The main "downs" of buying a used car are that it's a used car, not new -- so there's no new car warranty and you are more vulnerable to used car problems that could cost you money, as well as aggravation. To reduce your risk of exposure when you buy a used car, there are a number of precautionary steps http://bit.ly/1EHJb2X you can take when shopping for a used vehicle. These tips to buy a used car include: Shop for newer used cars that still have at least a portion of their original manufacturer's warranty remaining: Most late model used cars have at least three-year/36,000 mile basic warranty coverage (and often longer "powertrain" coverage on the engine and transmission). This means you'll get at least a year or so of peace of mind if you buy a used car that is less than three years old. (Important: Be sure to confirm the used car warranty is fully transferable.) Check into Certified, Pre-Owned (CPO) vehicles: These are late model used cars and trucks that typically have less than 50,000 miles and have been given multipoint inspections -- with any needed service or upkeep taken care of before the used car is put on the lot. CPO programs are backed by the automakers (Ford, GM, Volvo, etc.) and the vehicles often include a no-cost extended warranty on major parts such as the engine and transmission. CPO used cars are usually clean and well-maintained -- the "cream puffs" of the used car market. Do a "background check" for indications that the particular used car make/model you are considering might be a problem car: One with an unusual record of either recalls or consumer complaints. You can find information about recalls and safety-related defects at the National Highway Traffic Safety Administration's Web site (www.nhtsa.dot.gov), and information about consumer satisfaction at JD Power Associates (see www.jdpower.com/cc/index.jsp ). Consumer Reports is another good place to poke around (go to www.consumerreports.org/main/home.jsp and click on "autos"). It's also a very good idea to do a simple Google or Yahoo! Web search; just type in the make and model of the vehicle and "lemon." You can bet if the car has a history of problems, there will be complaints all over the Internet. Screen your candidate -- the specific used car you are looking at: Even if the make/model has a great reputation for quality and reliability, that particular used car may not have been well-maintained -- even abused. Have a third-party mechanic (not one working for the dealer) look the used car over as a condition of sale. If the dealer refuses to permit this, you should consider yourself well warned -- and walk away.

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Page 1: Tips for buying used cars

Tips for buying used cars

(AOL Autos) -- The main "ups" of buying a used car are the lower initial purchase price, as well aslower property taxes (where applicable) and insurance costs. The main "downs" of buying a used carare that it's a used car, not new -- so there's no new car warranty and you are more vulnerable toused car problems that could cost you money, as well as aggravation.

To reduce your risk of exposure when you buy a used car, there are a number of precautionary stepshttp://bit.ly/1EHJb2X you can take when shopping for a used vehicle.

These tips to buy a used car include:

Shop for newer used cars that still have at least a portion of their original manufacturer's warrantyremaining: Most late model used cars have at least three-year/36,000 mile basic warranty coverage(and often longer "powertrain" coverage on the engine and transmission). This means you'll get atleast a year or so of peace of mind if you buy a used car that is less than three years old. (Important:Be sure to confirm the used car warranty is fully transferable.)

Check into Certified, Pre-Owned (CPO) vehicles:These are late model used cars and trucks thattypically have less than 50,000 miles and have beengiven multipoint inspections -- with any neededservice or upkeep taken care of before the used caris put on the lot. CPO programs are backed by theautomakers (Ford, GM, Volvo, etc.) and the vehiclesoften include a no-cost extended warranty on majorparts such as the engine and transmission. CPO usedcars are usually clean and well-maintained -- the

"cream puffs" of the used car market.

Do a "background check" for indications that the particular used car make/model you areconsidering might be a problem car: One with an unusual record of either recalls or consumercomplaints. You can find information about recalls and safety-related defects at the NationalHighway Traffic Safety Administration's Web site (www.nhtsa.dot.gov), and information aboutconsumer satisfaction at JD Power Associates (see www.jdpower.com/cc/index.jsp ). ConsumerReports is another good place to poke around (go to www.consumerreports.org/main/home.jsp andclick on "autos"). It's also a very good idea to do a simple Google or Yahoo! Web search; just type inthe make and model of the vehicle and "lemon." You can bet if the car has a history of problems,there will be complaints all over the Internet.

Screen your candidate -- the specific used car you are looking at: Even if the make/model has a greatreputation for quality and reliability, that particular used car may not have been well-maintained --even abused. Have a third-party mechanic (not one working for the dealer) look the used car over asa condition of sale. If the dealer refuses to permit this, you should consider yourself well warned --and walk away.

Page 2: Tips for buying used cars

Ask to see the used cars' service records: If these are available, it's usually a good sign the car waswell cared-for, and perhaps more importantly, proof (if the records are complete) that there weren'tany unusual repairs or problems. If the used car records http://bit.ly/1EHJb2X are not available, youshould be suspicious. It doesn't necessarily mean the used car is a bad car, but you have to wonderwhy the seller would not have kept such a strong selling point as evidence of proper upkeep andmaintenance. In such a case, it is doubly important to have a mechanic you trust give the used car athorough once-over before you commit to buy.

Be sure it will pass both state safety and emissions tests (where applicable): In most states, this is alegal requirement, but don't assume it is. It can cost hundred of dollars (or more) to repair a usedcar that fails either state safety or vehicle emissions testing -- and in many cases, you can't legallyregister or drive that used car until it does pass.

Lastly, jot down the Vehicle Identification Number (VIN): Located on a stamped plate on the top ofthe used cars dashboard, and run a CARFAX Vehicle History report to check for used car deal-killerssuch as evidence of a prior accident, odometer fraud, manufacturer "buy back" (a lemon) and so on.A CARFAX report costs less than $25, and is well worth the expense.

As far as specific recommendations, here's a short list of some historically "good bets" when it comesto buying used cars or trucks:

I. Economy Cars:

Toyota Corolla -- The gold standard of new economy cars is also, predictably, an excellent choice in aused car. In addition to a well-earned reputation for high quality and durability, Corollas are amongthe safest cars in this class -- and offer features such as antilock brakes and side-impact air bags (onnewer models). Corollas also hold their value exceptionally well -- to such an extent that a usedCorolla you buy today for $6,000 will very likely still be worth four or five thousand dollars two tothree years down the road.

II. Luxury Sedans:

Lexus LS400/LS430 -- New, these large rear-drive, V-8 powered luxury sedans cost tens ofthousands less than an equivalent Mercedes-Benz, BMW or Jaguar. As used cars, theycontinue to perform flawlessly -- without givingtheir owners high blood pressure years afterother luxury makes become expensive moneypits. The LS series sedans are consideredbulletproof -- and also have one of the lowestdepreciation rates in the business.

Acura RL -- A conservatively elegant largeluxury car that, like the Lexus LS, enjoys a

reputation for absolutely superb engineering and quality. Unlike the Lexus LS, however, the AcuraRL is a front-wheel-drive luxury sedan -- so it offers better grip in the winter, if that's a concernwhere you live. And it is powered by a V-6 engine rather than a large V-8, so its appetite for gas ismore agreeable.

Page 3: Tips for buying used cars

III. Large Family Cars:

Ford Crown Victoria/Mercury Marquis --These six-passenger sedans are hugelyroomy and immensely rugged (one reasonthey're favored as police cars/taxis/limos)and very safe -- consistent 5 Star performersin government/insurance industry crashtesting. These are also the only late modelsedans that offer standard V-8 power andrear-wheel-drive in a full-size chassis for theprice of a V-6 powered, front-drive, midsize

sedan.

IV. Pickups:

Nissan Frontier -- Tough, capable and exceptionally trouble-free small pickups, the Frontier offersboth economical but tough 4-cylinder engines and more powerful V-6 engines. Look for used 4x4models with manual locking hubs. Though it requires the driver to stop the vehicle, get out andmanually engage the front hubs by rotating a knob in the center of each front wheel, these 4x4systems tend to be more durable and problem-free in the long haul than the electronic/automatichubs used on most new pickups.

V. SUVs:

Toyota 4Runner -- Considered by serious off-road drivers to be one of the best vehicles for this job(due to its agility, suspension and comparatively narrow body), the 4Runner consistently scores wellwhen it comes to long-term durability and used car resale value, too.

VI. Minivans:

Honda Odyssey -- Though pricey relative to other vans, the Odyssey is considered the benchmarkvehicle in this class -- for features as well as overall design. Excellent used car resale value and topof its class occupant protection are additional reasons to consider an Odyssey.

Toyota Sienna -- Another Toyota product that's got an established track record for high quality and alow incidence of significant problems, defect or recalls. Siennas are offered in a variety ofconfigurations, including models with full-time all-wheel-drive (AWD).

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