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Used Cars: How to Find the Best Buy at a Bargain Price

By Stelle Courney Subscribe to RSS | May 3rd 2012 | Views:

Buying a used car instead of a new one is a great way to save money. However, many people avoid buying a used car because they don’t want to buy someone else’s problems. While it is true that buying a used car sometimes involves risk, used cars have a lot of advantages that may make them the better choice for you.

The main advantage of buying a used car is the lower price. Everything from the down payment and monthly bills to insurance and the price tag is significantly lower with a used car than that of a new one. The main disadvantage of used cars is that it’s used, so the car may be void of warranty and you may be vulnerable to car problems. However, there are a number of steps you can take to reduce the risks of buying a used car.

Look for used cars that still have a portion of their original warranty. Most late model cars have a 3-year, 36,000-mile warranty period. If you buy a model that’s less than 3 years old, you can have a vehicle that has a year or more of its warranty left. Just make sure that the warranty is fully transferable to a new owner.

Do a background check on your preferred vehicle to learn about problems that may be inherent with the model. You can find information about safety-related defects on a particular vehicle model at the website of The National Highway Traffic Safety Administration. You can also search for vehicle forums that talk about the model you’re interested in. It’s a good bet that if a car has problems, vehicle owners will have discussed it.

Find out if a used car is a Certified Pre-Owned (CPO) vehicle. CPO vehicles are late model used vehicles that usually have less than 50,000 miles and have been given the necessary repair and maintenance before putting it on sale. CPO Toronto used cars are generally well-maintained. They are the “eye candies” of the used car market.

Inspect the vehicle. Even if a particular make and model has a great reputation for quality, the vehicle you want may not be well-maintained. Bring along a mechanic to take a look at the vehicle when you visit the Toronto used cars dealer. If the dealer refuses, that’s a sign you should walk out the door and look for a used car somewhere else.

While the fear of spending your hard-earned money on something that could break down is totally understandable, these tips can help you buy a good used car that you need. For more Toronto used cars buying tips, visit

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