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  How to Buy a Used Car
 

In this section it is described how to find and value the car, and how to successfully negotiate the sale. The ideas presented here should be used as a basis in understanding this text.

It is important to understand Depreciation and "Book" Value. The "Book" Value refers to the dollar value of a car in average condition based on the year, make, model and mileage, among other things, listed in any one of a number of guide books commonly used in the car industry by everyone from car dealers, mechanics to insurance companies. Listings presented here are made for cars in average conditions and may differ from those made for cars in excellent condition or those in very poor condition. The "book value" should be considered as the most important part of making a car deal. In the first and second years a car loses the most of its value, almost 40%. The "book" value is declining on a steadier rate after this period. Therefore, we generally recommend looking for and buying cars that are at least two years old. A buyer should know that mechanical malfunctions can often be fixed and car restored to original state. This however, doesn't apply to body damage. It can't be restored to original state. The buyer, must thoroughly investigate car's history before any negotiating.

We are recommending that a Carfax Vehicle History Report is puled and reviewed on all prospect cars before the purchase decision is made.

The #1 Rule to Buying Used Cars:

Emotions should be disregarded when buying a used car!

A successful buyer should avoid stepping into a trap of emotions when buying a car. One should never become overexcited by a car. Car and all relevant information about it should be closely examined. Then the arguments for and against should be weighted.. Most of the people buy a car without even test driving or pay the price without estimating the real value of the car.

 
 
 
 
 



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