The Complete Guide To Buying A Used Car
  1. The Complete Guide To Buying A Used Car: Introduction
  2. The Complete Guide To Buying A Used Car: What To Look For In A Used Car
  3. The Complete Guide To Buying A Used Car: The Inspection And Test Drive
  4. The Complete Guide To Buying A Used Car: How To Negotiate Prices
  5. The Complete Guide To Buying A Used Car: How To Finance A Used Vehicle
  6. The Complete Guide To Buying A Used Car: Conclusion

The Complete Guide To Buying A Used Car: Introduction

When it comes to buying a new car, someone else's trade-in could very well be your next treasure. Right now, there's a huge demand for used cars in America's auto market. Every day, thousands of vehicles across the country change hands from their first owner to their second – and for good reason. There's never been a better time to invest in a used vehicle. Today's automobiles are being made with high-quality components that allow them to drive hundreds of thousands of miles before suffering a major breakdown. On top of that, new services make it easy to check a used car's history for any undisclosed "fender benders" before you buy. Most importantly, used cars can provide you with all the space, features and performance that you're looking for in your next vehicle at a fraction of the cost of their brand-new counterparts, making them ideal for anyone shopping on a tight budget.

SEE: Car Shopping: New Or Used?

For all of their benefits, though, used cars also carry their fair share of risks. These vehicles will often have tens of thousands of miles under their belt by the time you get your hands on the title. As a result, they're more prone to breakdowns than new cars. This problem is compounded by the fact that pre-owned vehicles don't enjoy the same sort of warranties that new vehicles do. Therefore, buyers need to be very scrutinizing when shopping around the used car lots. That's where this guide comes in. We've outlined all of the major decisions and obstacles you'll face when shopping for a used vehicle, along with some advice on how to handle them. Over the next few pages, we'll teach you how to choose a car, how to inspect it, how to negotiate a buying price and even how to apply for financing when you commit to the sale.

The Complete Guide To Buying A Used Car: What To Look For In A Used Car

  1. The Complete Guide To Buying A Used Car: Introduction
  2. The Complete Guide To Buying A Used Car: What To Look For In A Used Car
  3. The Complete Guide To Buying A Used Car: The Inspection And Test Drive
  4. The Complete Guide To Buying A Used Car: How To Negotiate Prices
  5. The Complete Guide To Buying A Used Car: How To Finance A Used Vehicle
  6. The Complete Guide To Buying A Used Car: Conclusion
RELATED TERMS
  1. Carbon Dioxide Tax

    A tax on businesses and industries that produce carbon dioxide ...
  2. Nonrenewable Resource

    A resource of economic value that cannot be readily replaced ...
  3. Green Economics

    Green economic theories encompass a wide range of ideas all dealing ...
  4. Corporate Accountability

    The performance of a publicly traded company in non-financial ...
  5. Green Fund

    A mutual fund or other investment vehicle that will only invest ...
  6. Alternative Energy ETF

    An exchange-traded fund that invests in companies engaged in ...
RELATED FAQS
  1. When does a growth stock turn into a value opportunity?

    A growth stock turns into a value opportunity when it trades at a reasonable multiple of the company's earnings per share ... Read Full Answer >>
  2. What is arbitrage?

    Arbitrage is basically buying in one market and simultaneously selling in another, profiting from a temporary difference. ... Read Full Answer >>
  3. What is Fibonacci retracement, and where do the ratios that are used come from?

    Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician ... Read Full Answer >>
  4. What is a derivative?

    A derivative is a contract between two or more parties whose value is based on an agreed-upon underlying financial asset, ... Read Full Answer >>
  5. What is finance?

    "Finance" is a broad term that describes two related activities: the study of how money is managed and the actual process ... Read Full Answer >>
  6. What items are considered liquid assets?

    A liquid asset is cash on hand or an asset that can be readily converted to cash. An asset that can readily be converted ... Read Full Answer >>
Hot Definitions
  1. Black Swan

    An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult ...
  2. Inverted Yield Curve

    An interest rate environment in which long-term debt instruments have a lower yield than short-term debt instruments of the ...
  3. Socially Responsible Investment - SRI

    An investment that is considered socially responsible because of the nature of the business the company conducts. Common ...
  4. Presidential Election Cycle (Theory)

    A theory developed by Yale Hirsch that states that U.S. stock markets are weakest in the year following the election of a ...
  5. Super Bowl Indicator

    An indicator based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in ...
Trading Center