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What should you look for when buying a used car?

Buying a car, whether new or used, always requires a great analysis, since that size is the investment you will make. Taking into account the high prices of new cars and that, in addition, each year its value decreases about 15%, the option of preferring to buy a used one is often the most viable.

Of course, buying a used car requires patience to be able to look at those small details that will make you choose the one that is in better condition and needs less care over the years.

We want to take care of your money and make the best decision, so we leave you some tips:

Take a test drive

Take a test drive

Whenever you can, use the car before buying it. Preferably in both city and highway. Keep your eyes and ears alert, to detect anything that does not seem normal.

Take the leak test

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What is this? It is very simple. Park the car in a place that is clean and let it run for at least 30 seconds. Move the car and verify that there is no stain left.
A dark spot is due to oil leakage.
A green liquid would be an antifreeze leak.
If you find pink liquid then it is a transmission leak.

Research on prices and opinions

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Use some of your detective skills and research prices on the internet, in lots of used cars and among your acquaintances, to give you an idea of ​​whether the price they are offering you is good or not.

Take it with a trusted mechanic

Sometimes you can’t take the time to thoroughly check the car you want to buy, but this will help you make sure you’re making the right decision. In addition, the cost of having it checked will be less than what it costs to repair.

These 4 points will help you make a more informed decision, with which you feel happier after making it. That is what we are looking for in Good Finance family, to help you achieve things that you did not think possible before and use your money in things that make you feel better.

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