While a new car might seem appealing, there are many benefits to buying used. In fact, many economists and financial advisors recommend buying used instead of new. Once you drive a new car off of the lot, it loses value immediately. However, a used car will hold its value better while still getting you the car you desire. Buying used autos in Anchorage, Alaska, isn’t as easy as 1,2,3, though. There are certain things you should do to ensure that you aren’t purchasing a lemon. - Don’t be intimidated by the word ‘used’. When it comes to buying cars, it’s best to keep your options open. New or used, finding a reliable car that fits your needs is what’s important.
- Do your research before hitting the lot. Figure out what kind of car will fit your needs. If possible, narrow it down to a few specific cars. This will make your search much easier.
- Do go to lots with good reputations. Talk with friends and family. Listen to their experiences with the used car lots in your area. This is a great way to get a feel for which lots are worth your time and which ones will just jerk you around.
- Don’t be afraid to stand your ground. Once you step onto a lot, don’t let the salesmen pressure you into anything. Many times they are paid on commission. If you start to feel that they are more concerned with selling the car to meet a quota instead of meeting your needs as a customer, don’t be afraid to ask for a new salesman, a manager, or leave the lot altogether. You deserve to be respected.
- Do set your budget beforehand. Know what you can afford and stick to it. Don’t test drive cars that are over your budget. This will just make it more difficult for you to make a decision.
- Do ask for repair and maintenance records for any potential cars. Because used cars have been previously owned, you want to ensure that they have been well taken care of. Ask the sales person if they have any records of oil changes, tune ups, tire rotations, and any other maintenance records. A great way to get a feel for how your car will be in the future is to take a look at its past.
- Don’t be afraid to get a second opinion. If you can, ask your salesman if you can take your potential new ride to a mechanic. Have it checked out to ensure that everything is working correctly. This can eliminate a possible issue in the near future. Plus, if everything checks out okay, it can build trust between you and the lot you are buying from.
- Do know how you plan to pay for your new car. If you are financing, bring the proper documents in order to fill out a loan application. If you are paying cash, be sure to have a cashier’s check or cash on hand. Trading your old car in is another great option. However, it’s best to have a general idea of how much your car is worth in order to ensure that you are getting a good deal.
- Do ask about any warranties. Depending on the year of the car, there might be factory or dealership warranties still covering the car. This is a perk to an already awesome car. It means that your car could be covered if anything were to happen to it.
- Don’t be afraid to ask about any deals that might be happening. If your dealership is offering low-interest financing on the car you are looking at, that could sway your decision. Be sure to ask if there are any deals or bargains being offered at the lot.
Buying used autos in Anchorage, Alaska, is a great way to get a great deal. Not only will it depreciate at a slower pace than a new car, but it will get you more bang for your buck. By doing a little research, you just might drive off of the lot in your dream car.
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