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If You Live In Or Around The Detroit Area And Are Looking For A Used Car, You've Come To The Right Place. Buying A Used Car Can Be Tricky. But, If You Know The Right Tips And How To Avoid Common Pitfalls And Scams, Buying A Quality Used Car Can Be A Breeze. Welcome To UsedCarDetroit.org. This Free Site Is For People Who Live In The Detroit Area Looking For Quality Used Cars—Not Lemons! As You Explore This Site, You'll Discover...

How To Find The Best Deal On A Used Car In Detroit   Don't Be Taken For A Ride! 7 Common Used Car Scams   5 Easy Steps To Getting The Best Price On A Used Car   Where To Find A Complete List Of Used Cars In Detroit  

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The Perils of Buying and Financing a Used Car

Author:
Peter Garant

Whenever a person buys or leases a car, he seeks ways to finance this move. Most auto financing involves a car loan, which entails a detailed check on his credit history and a tough interview about car finance. When he undergoes all these to buy a used car, it is only fair that he also performs his own investigations about the car he is going to buy. In fact, he should never consider buying a used car, which history has not been checked. If he does, he may just end up paying for a piece of junk.

A used car must be checked for its title, registration, odometer, and the problems that it had weathered before it reached your eyes. A “title check” will determine if the car is salvaged, flooded or rebuilt. For example, many cars were destroyed during the 9-11 World Trade tragedy. Many cars, too, were damaged during the hurricanes and floods. These cars are salvaged by enterprising people. The cars will be rebuilt and sold again at car auctions. A title check will also discover if the used car has lemon history.

A “registration check” will determine if the used car has been used as a fleet car, or as a taxi, or even as a police car. If the used car has been utilized in any of these, then it is safe to say that within a given period of time, this particular used car has covered more miles than the average privately used car. A registration check will also reveal if the used car was ever rented or leased.

The car’s odometer is an instrument used to measure the distance traveled by a vehicle. An “odometer check” will show if the odometer has been broken or fraud. It will also show if it has been rolled back or rolled over. If the odometer has been tampered, this does not bode well for the next owner of the used car. The car may be older than what the dealer is telling you. Or it may have mileage problems.

A “problem check” will determine if the used car has sustained fire damage or an explosion. It will also show if it has been involved in a major accident. The fire or accident may have inflicted a still undetected damage on the used car. It is also quite creepy to use a car that has cradled dead bodies before. A problem check will reveal if the car has been stolen. A car that has been stolen may no longer have all its original parts. To be safe, the potential buyer must order a vehicle history report.

Peter Garant is writing articles about bad credit for his credit repair kits blog and articles about car financing for his family finance site.

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If you like the article above, you may be interested in the following article which is also related to Used Cars In Detroit...

The Benefits Of Leasing A Used Car
By leasing a used vehicle, you can obtain a luxury model car or an SUV at much lower monthly payments than are imposed when you buy a new one. However, you must do your homework in order to find the best deal available. When researching leasing costs, pay close attention to the initial market value and the estimated residual value of the used car you are considering. This value is more difficult to predict for used vehicles than for new ones because there is no "sticker price" as set by a factory on a used car. You can use a variety of sources to obtain a rough estimate of the used vehicle's value, however. These include local dealerships and online car evaluation tools; a quick search on the Internet will find a host of these car evaluation tools and most are provided free of charge. You can also get a good estimate by comparing the lease on a used car to a lease on a new car of the same model and make. Used vehicle leasing is best when residual value has depreciated least. You'll...
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