With the economy in the tank, and people losing jobs daily, many prospective car buyers are considering pre-owned vehicles. Buying a used vehicle is an effective way of getting a quality vehicle at a lower price. However, investing in a pre-owned vehicle carries significant risks. How can you know that the vehicle isn’t spruced up to look nice but may have significant problems?
Online resources like Carfax.com can run a background check on the vehicle. They are also a good place to start. However, these websites rely on honest dealers and insurance companies to report information, and therefore are only as good as the information they are provided. For a more comprehensive history, prospective buyers can request records from their local DMV.
A NewsNet5.com article states that experts also recommend buying a factory certified car when possible. Unlike buying a car as-is, the manufacturer’s warranty will cover a factory certified car in case it requires future repairs.
Prospective buyers can also request to have their own trusted mechanic appraise the vehicle for any future repairs. The cost in time and maintenance fees will likely be minimal compared with problems that arise in the future.
When considering a pre-owned vehicle, consumers should make sure they know about the car’s history and what their legal rights are in case of a fraudulent sale. If you suspect you have been a victim of used car fraud, the California used car fraud attorneys at the Law Offices of Howard D. Silver can help you recover any losses you have suffered. Call today for a free consultation: (855) 341-2611.