Buying a new or used car? Beware of the scams.

With summer around and weather suitable, the car sales are on a high. Most car owners want a new one or an additional car for their spouse or children. This is the best time of the year to buy the cars. But, should you buy a new car or a used one or approach a dealer or buy directly from the owner. These are some of the questions pondering in a car buyer’s mind. Irrespective of the approach, car buyers must be aware of the scams and related risks before buying any vehicle.

Car Dealers

Buying from a dealer is thought to be safe, but not always. There are risks of faulty product, higher APR rates, faulty warranty and service and so on. The agreements we sign must be checked out carefully rather than signing it off in a hurried manner.

Dealer scams are normal if the buyer is not cautious about the terms and conditions. It is always better to consult a known person or reference in approaching a dealer.

Tips

Here are some tips to get a best car deal.

  • Check out the vehicle history
  • Let a mechanic inspect the car
  • Make the agreement full fledged and complete in all aspects
  • Arrange for money before start looking for a car
  • Cross-check all the banks for lower loan interest rates
  • Check the online prices at InvoiceDealersYahoo!AutosEdmunds.com, and CarsDirect

Check out the steps to buy a new car and a used car before attempting to buy a car. Happy Shopping. 🙂