Used car Questions and Answers
Does it make sense to consider buying used car?
Cars and trucks is the worst investment in country, especially during the first three years of ownership. Buying a used car two to three years old will provide about a one-third decrease in the cost. So the answer is yes, there is a big savings when it comes to purchasing used cars. Most certified used cars from local used car dealers come with a extended service contract so you might want to get used car quotes on those cars as well.
What is a Used Car Condition Report?
A Used Car Condition Report is the result of an inspection conducted by an automotive expert to ascertain the overall condition of an automobile. The report consists of a thorough inspection of the automobile in question. It includes a mechanical check of the engine and drive train, plus a thorough examination of the interior and exterior.
What does the Used Car Condition Report look like?
After the inspection is completed, the inspector will discuss his findings with you. A hard copy is then sent by mail. The report reflects the inspector’s findings and content of an inspection.
Can I request a specific area on the car be checked?
Yes, you can. Many times the person selling the car might mention potential problem areas on a used car.
How long does the Condition Report take?
Depending on how much is wrong with a used car, usually the older the used car, the longer it will take.
Does the Condition Report "certify" the vehicle I am buying?
No, the Condition Report does not certify or infer any type of warranty on the vehicle inspected. The purpose of the "report" is to make the consumer aware of any obvious or apparent defects that exist at the time of the inspection. You will gain the benefit of an independent opinion from an automobile expert on the overall condition of the vehicle being inspected. Mechanical Warranties can be arranged through the used car dealer that would cover most unforeseen mechanical problems after the purchase.
What is the difference between a Condition Report and an Appraisal?
To summarize, a Condition Report is a pre-purchase inspection to determine the overall operation and condition of the vehicle. Value is not a consideration as a part of that report. An Appraisal is a determination of fair market value by an appraiser. |
