Buying a car is one of the largest investments many people make in their lives-and more and more, people are bypassing new cars for used models. In fact, used cars have become big business in the U.S. and today, consumers have choices that stretch beyond the big lots and dealerships.
Just remember that when you’re buying a car-new or used-it’s important to get the facts first. Doing so can help you be more certain you’re actually getting the car you want at the price that’s right.
“Buyers should be sure to consider all the angles-from mileage, model and vehicle history, to warranties and financing,” says Brad Eggleston of AutoVantage. Here’s how to protect yourself:
-> Check out the model’s repair record, maintenance costs, and safety and mileage ratings in consumer magazines or online. Check the National Highway Transportation Safety Administration’s Web site (www.nhtsa.dot.gov) to see if the car you are considering has any recalls associated with it.
-> Get a vehicle history report from Experian Automotive (www.autocheck.com). It’s a cheap way to ensure you’re not the victim of...