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4 Factors that Impact Car Value from carfax rates , source:carfax.com
With the introduction of certified pre-owned vehicle programs, the advantages of buying a new car seem to be dwindling. If brand-new car features like warranty or maximum fuel economy are important to you, dive into our Buying Guides, sharpen your negotiating skills in Negotiating With Car Dealers and get ready to inhale that inimitable new-car smell Used Car a Good Idea.
However, if value is your goal, explore this used-car resource, learn how not to get burned and then turn the key on our Used Cars for Sale listings.
As a first step, you might consider test-driving some sellers. Are we serious? You bet. Whether it’s a sedan or an SUV, car shopping taxes your energy and time. If you hire a mechanic to inspect a prospective purchase — as Cars.com strongly recommends — it can also tax your savings. With the number of used cars on the market, you’d best narrow your search and concentrate only on the ones with the most promise. Two great methods are questioning the seller and inspecting the car before the test drive — ruling out sellers that aren’t worth a visit as well as cars that aren’t worth a professional inspection.
If you’re working off a classified advertisement, call the phone number listed and — rather than ask if you can see the vehicle — ask these questions.
The interview accomplishes a few things. It helps you rule out some cars without leaving your home, and it gives you perspective on the vehicle before you see it and perhaps get distracted by some overwhelmingly positive or negative aspect of it (or of the seller!). It also gives you a record of the seller’s responses. If you go to see and test-drive the car, and something conflicts with what the seller told you on the phone, it’s a good sign that you don’t want to do business with that person.
Note that most of these questions are legitimate for used-car dealers as well. The more documentation they have on the car, the better. You can ask for a phone number of the previous owner if the dealer doesn’t have many details. How the dealer reacts to this request may be of interest to you.
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