Everyone agrees that used cars online are a gift to mankind. There was a time when buying a used car was a real hassle. It meant going to a used car lot or to a dealer, in many cases dealing with hard sell, slick salesmen, having no information about the car as well as nothing to which to compare the deal on the lot, and in the end even if the deal seemed good the buyer had a feeling that somehow he had been fleeced. But now with the Internet an interested consumer can complete the deal without ever leaving their desk.
There are as many used car information sources online as there are outlets to purchase used cars. These include sales resources like Kelly Blue Book where a potential buyer can compare prices for any model, any year vehicle in a variety of conditions. This is important to judge a deal. Web sites like those maintained by Carmax list thousands of cars regionally, and can be another great resource for comparing used cars and used car prices. Don’t forget the new car dealers. They have to do something with the cars people trade in when they buy a new vehicle. Most dealers maintain lists of the used cars they have available for sale. Another important resource for used car shopping is the auto mechanic for an inspection. The Internet is full of sites that list mechanics by region. A buyer can even arrange an inspection without having to be present.
The best place to start your search is CarMax
Don’t forget financing. The price is the most important element of financing, and it’s wiser to save to pay cash for a used car. But if you must finance the car do it with some information in hand. Online payment calculators can spit out the monthly payment based on used car price, down payment amount, trade in, interest rate and even other factors such as insurance premiums. Use those calculators as a general guideline as to whether the used car fits in the budget. Make sure never to go to the lot or even complete an online purchase unless your financing is already in order. That means either have the cash on hand to pay up front, or have a loan pre-approved for the amount you’re seeking to spend on the car.
Yes times have changed. Technology makes things easier. But purchasing used cars online is no different than that old time trip to the smiling used car salesman. Take advantage of the resources available on the Internet. That way, you’re more likely to be the one smiling when the used car purchase is completed.