Comparing New And Used

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Advantages Of A New Vehicle

• Latest technology and safety advancements.
  
  
• New warranty.
  
  
• Less maintenance.

Advantages Of A Used Vehicle

• Less expensive than the same model that is new (depending on the age, options and condition).
  
  
• Some manufacturers offer certified used vehicles that are low mileage, top-of-the line models less than four years old. They are inspected, repaired and returned to nearly new condition. Many have warranties.
  
  
• Less depreciation.
  
  
• Insurance premiums, on average, are lower than they are for a new vehicle.
  
  
• You also avoid many of the traditional expenses you must pay for a new vehicle, such as dealership preparation fees.

Buying A Used Vehicle

• Always test drive a vehicle you are considering.
  
  
• Research the vehicle's price before you buy.
  
  
• If you are concerned about your safety, ask a friend to accompany you.
  
  
• You can expect to pay as much as 15 percent less for a vehicle sold by an individual than you would pay for the same model bought from a dealership's used-vehicle lot.
  
  
• Research information about the vehicle's performance and maintenance costs.
  
  
• Never buy a vehicle from a photograph only. An individual offers no warranties, guarantees or money-back promises. You are at greater risk for buying a stolen vehicle from an individual.
  
  
• If possible, take the vehicle to your own mechanic for an inspection before you buy.

Questions To Ask If You Are Buying A Used Vehicle

• Are you the original owner?
  
  
• Why are you selling it?
  
  
• Is the odometer accurate?
  
  
• Has the vehicle been in an accident?
  
  
• Is the vehicle still under warranty?
  
  
• Who has been doing the maintenance?
  
  
• Are the service records available?
  
  
• Does the vehicle need additional work?
  
  
• May I take the vehicle to my mechanic for an inspection?
  
  
• Is the price negotiable?

Look For Signs Of Trouble

• Inspect the vehicle during daylight hours.
  
  
• Check the ground for fluids – a clue that the vehicle could have a leak.
  
  
• Look under the hood to inspect hoses, the radiator, fluid levels, belts and wiring.
  
  
• Inspect the tires for wear and the body for obvious dents, dings, cracks or rust.
  
  
• Open the trunk and inspect the spare tire.
  
  
• Look for missing equipment, torn upholstery and general cleanliness.
  
  
• Make sure that interior and exterior lights work, power windows operate smoothly, seat belts are in good condition and the horn works.
  
  
• Evaluate the vehicle's performance during a test drive. Does it shake or pull to one side? Use the Test Drive Vehicle Performance form to record your findings.

Vehicle Identification Number (VIN) Search

• Damaged in a fire, flood, hailstorm or accident.
  
  
• Found to have possible odometer fraud.
  
  
• Used as a rental vehicle, taxi or police vehicle.
  
  
• Reported stolen or if a salvage title was ever issued.
  
  
• Returned under Lemon Laws.