8 steps for buying a used car d esigned by eileen garcia yampier valdes l.
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8 Steps for Buying a Used Car D esigned By: Eileen Garcia & Yampier Valdes Use the passive tense to emphasize the action which has been completed, and not necessarily who or what has done the action. Step 1: Getting Started

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8 steps for buying a used car d esigned by eileen garcia yampier valdes

8 Steps for Buying a Used CarDesigned By:Eileen Garcia & Yampier Valdes

Use the passive tense to emphasize the action which has been completed, and not necessarily who or what has done the action.

step 1 getting started
Step 1: Getting Started
  • If you've decided to buy a used car, you've already made a smart decision. A car that's almost as good as brand-new can be easily bought.
  • Used cars, even those that are only one year old, are 20 to 30 percent cheaper than new cars. But there are other good reasons to buy a used car:
advantages of a used car
Advantages of a used car
  • A car that is bought used means you can afford a model with more luxury and performance.
  • Also, money will be saved on insurance.
step 2 used car bargains
Step 2: Used car bargains
  • The cost of a used car is based on its condition, mileage, reliability, performance and popularity.
  • But do you want the same used car everyone else wants?
  • If so, you will pay a premium for it. In some cases, the only difference is the nameplate.
step 3 research your prospective used car
Step 3:Research your prospective used car

One last vital step to getting a great used car deal is that a vehicle history report should be run on any used car that is being considering.

Check out this link

http://www.edmunds.com/

step 4 how much can you afford
Step 4: How much can you afford?

Two figures will need to be estimated that will guide you as you go shopping:Monthly payment. If you are going to take out a loan, how much money can be afforded each month?Down payment. How much cash can be put down to reduce your monthly payments?

step 5 set up financing for your used car
Step 5: Set up financing for your used car
  • You have three ways to pay for your used car:-Cash.

-Financing through a bank, on-line lender or credit union.

-Financing through the dealer.

  • This can work for some people, depending on their credit scores and the current interest rates offered.
step 6 used car markets
Step 6: Used car markets

The three most common places where used cars are bought are:

  • Private parties
  • New car dealerships
  • Used car lots
step 7 negotiating for a used car
Step 7:Negotiating for a used car

These guidelines should be followed when negotiating a used car:

  • Make an opening offer that is low, but in the ballpark.
  • Decide ahead of time how high you are willing to pay for this car and leave when your limit's reached
  • Walk out - this is your strongest negotiating tool.
step 8 closing the deal
Step 8:Closing the deal
  • If you are at a dealership, the finance and insurance process must still be completed.
  • If you are buying a car from a private party, you have to make sure that payment is made and the title and registration are properly transferred.
step 8 closing the deal cont
Step 8:Closing the deal – cont.
  • In both cases, insurance is also needed before your car is driven away.
  • The contract should be reviewed and the car should be inspected thoroughly.
  • Finally, you take possession of your new vehicle.
conclusion
Conclusion
  • Once all of the paperwork is complete, it is finally time to relax and begin enjoying your new purchase: a good used car.

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