Consult the used car guide and get useful
tips for inspecting vehicles and planning a purchase. For used vehicle category
it is all the more important to do a lot of background research into vehicles,
reasons why people decide to sell, and all the risks and terms associated
with used vehicles.
USED CAR RULES OF FTC: BUYERS GUIDE
The Federal Trade Commission's (FTC) Used Car
Rule makes it mandatory for dealers to offer a buyers guide that includes
a host of informtion such as:
- Natue of deal: "warranty" or "as is."
- Liability of the dealer for repair costs.
- Clear reference to spoken promises as difficult to enforce and so
to get all promises in writing.
- Indication to the major mechanical and electrical systems on the vehicle.
- Advice on inspection by independent mechanics before the deal.
USED CAR GUIDE: USED CAR HISTORY
It is important to carry out a check on the
history of the car, especially for previous accidents and rolled back mileage.
There are private agencies that gather and
keep such information for a large number of vehicles in their database.
They provide complete reports on the history of a car, including:
- Title information
- Total loss
accident history
- Odometer
readings
- Lemon history
- State emissions
inspection results
- Number of
owners
- Service
records
- Lien activity,
and/or
- Vehicle
use (taxi, rental, lease, etc.)
USED CAR GUIDE: A CHECK LIST FOR NEW AND
USED CAR
The best thing that can be done is to hire
a trusted mechanic or someone with experience to inspect the vehicle for
you. There can be hidden faults in the vehicle unknown to you or the dealer.
Carry out a thorough check using a list prepared by people with some experience
in this field. Some of the points to go through are:
- Check for rust and damage to undercarriage,
body, and engine.
- Check for cleanliness and space.
- Check tires for wear.
- Coolant and radiator should not have leaks.
- Test drive the car and feel for acceleration.
- Test brakes carefully.
- Check for steering and alignment
- Do a parking test.
- Afterwards, check again for leaks etc.
- Go through service records, receipts and
title
- Hire a specialist/mechanic to inspect the
vehicle for you.