Used Cars on the Internet

It’s easy to find used cars on the Internet, but how do you know you’re getting a good deal? LoveToKnow Cars asked Internet Sales Manager, Leo Marquez of Enchantment Ford in New Mexico what to watch out for to ensure you make a smart purchase.

Shop Smart on the Internet!

Mr. Marquez offered these six easy steps to follow if you want to purchase a car on the Internet:

1. Price and Credit Score – This should be the first thing you consider. You might want an expensive SUV or a luxury vehicle, but what can you truly afford? If you intend to finance the vehicle, Kelley Blue Book offers an easy to use loan calculator that gives you a good estimate of what your base monthly payment will be. Remember, this calculator tool doesn’t include tax, title, licensing or documentary fees. You should also arm yourself with your credit score. If you don’t know what your credit score is, you can get a free annual credit report from the Federal Trade Commission.
2. Pick the Right Car – Once you know what you can afford, use Kelley Blue Book’s, Perfect Car Finder to help you choose vehicles in your price range. This tool will help you compare cars and their values. When using this tool, remember to compare apples to apples. Don’t compare an SUV with a minivan.
3. Car’s Value – Once you have the year, make, and model of the car you want, visit Edmunds and see what the car is really worth. To get the best value, get the mileage on the car and, if possible, the vehicle identification number or VIN.
4. Communicating with Seller – When you find the car you want on the Internet, contact the seller. There are many places to find used cars for sale on the Internet like eBay, dealerships, used car lots, and classified ads. Make sure you ask to see both interior and exterior photos and ask if the vehicle has a clear title.
5. CarFax – Even if the seller is an individual, you can still obtain a CarFax report. The cost is $29.95 and you must have the VIN number. You can obtain this on your own or ask the seller to split the cost with you. If the used car is from a dealership or used car lot, ask them if they have access to CarFax. A CarFax report will give you information on accidents, prior owners, and service appointments. Remember, on CarFax reports, only warranty and recall repairs are reported, not repairs where the owner paid cash. Ask the seller about any other repairs the vehicle has had.
6. Offer – Once you feel confident that the vehicle is right for you, don’t pay the seller in full. Offer to make a deposit first and tell the seller your purchase is contingent upon a test drive. If you are having the vehicle shipped to you and can’t test drive the vehicle, find out if the seller is offering any warranty or money back guarantee.

• If the vehicle’s price sounds too good to be true it probably is, so choose another.
• Buy an extended warranty if you can afford one. You can obtain an extended warranty from any dealership, no matter what used car you buy or from places like Warranty Direct or US Fidelis.
• Call the Better Business Bureau and see if the seller has any unresolved complaints.
• If the seller doesn’t have the car’s title, skip that seller and move on.

Finding and buying used cars on the Internet is easier than ever these days if you do your homework and use strategic car buying skills.

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