
Originally Posted by
Kohan
Craigslist has already been suggested, and is a great recommendation. That's where you should go. There's little -- if any -- advantage to purchasing used vehicles from a dealership, as the "Certified Used" label essentially means they've performed general maintenance and cleaning, and are charging you hundreds (if not thousands) of extra dollars for the service. The warranty they provide, really, is insignificant.
However, I did mention that there's a "little" advantage, and that's the opportunity to purchase an extended warranty, which may actually make buying a dealership's used car worthwhile. This is something additional to shop around for, but if you can find a good deal, it may be worth your while. If the cost of an extended warranty transforms a used car's price into a new one's, though, it's clearly a waste of your time and money, so be smart about it.
If you do purchase a used vehicle from a place like Craigslist, here's a few tips:
1. Get the VIN and use AutoCheck (rather than Carfax) to run a background check. Although both outlets provide nearly identical results, the former is cheaper.
2. Ask the owner about maintenance/ownership information and compare it to the AutoCheck report. If they have documentation proving how well they've taken care of the vehicle, even better.
3. Never show the seller your identification, and don't tell them anything about where you live. There's no need to do this. Some scam artists -- and don't let "scam artists" scare you away from buying used cars -- will memorize/write down this information, visit your home later on, and use a spare pair of keys to take back the car they'd just sold you. It doesn't happen commonly, but why would you risk it?
4. If you get a dirt cheap salvage vehicle, keep in mind that it could very well be worthless in the future, and potentially difficult to insure (contact your insurance company first).
5. Ask the owner if they'll drive with you to, say, a Firestone or some place to have the car checked out mechanically. Don't go alone, since you don't know these people.
6. If you've spent hardly anything and think you've gotten away with murder (e.g., a super cheap restored salvage vehicle in immaculate condition), follow #3, and maybe even change the locks. You've already done a background check and the thing isn't stolen, but still, make sure it's yours forever.