Used Car Shopping: Everything You Need To Know

If you're in the market for a pre-loved vehicle, you know there’s a balance to finding that sweet spot where value meets reliability. With new car prices shooting through the roof (and let's not even talk about the waiting lists), turning to the used car scene makes a ton of sense. But, and it's a big but, navigating the pre-owned market can feel like playing a game of mechanical roulette.

Don't sweat it. I'm here to share insider tips on what to look for (and avoid) when buying a used car in 2023. From under-the-hood secrets to paperwork pitfalls, consider this your map to treasure in the used car jungle.

And hey, if you're feeling a bit out of your depth, I've got the life jacket for you - my Car Buying Course. It's like having a friend in the biz who wants you to win. Check it out here.

So here's how to spot a gem (and avoid the lemons) when you're ready to go used car shopping.

RECALLS!

Did you know cars can roll onto the lot with open recalls? Yep, it's true. But before you start envisioning worst-case scenarios, you can relax because most recalls are minor and won't cost you a dime to fix. That's why it's crucial to always, and I mean always, do your homework.

Pull up the Carfax report. This isn't just a piece of paper; it's your peace of mind. If there's an open recall, use it as a bargaining chip. Get the lowdown on what it's about, and if it's something significant, don't be shy to ask for a price cut. This isn't just about what to look for and avoid when buying a used car—it's about ensuring you're not driving off in a potential ticking time bomb.

If a seller is not giving you clear answers, consider it a red flag waving you toward the exit. There are plenty of cars in the sea, and with an eye on details like these, you'll find the right one.

Verify!

When it comes to pre-owned vehicles, assumptions can lead to disappointments or, worse, extra costs post-purchase. Before you get lost in the thrill of the test drive or the back-and-forth of negotiation, do a thorough inventory.

I'm talking about the basics: does the car come with two keys, or will you be out of luck (and a few hundred bucks) if you lose one? Are the floor mats included, or will you have to shell out more cash for those? And the owner's manual – it may seem like just a book, but it's the Rosetta Stone for your vehicle's features and maintenance needs.

These might seem like small details, but trust me, they add up. You don't want to triumphantly drive off the lot only to find out you've got to jump through hoops to figure out how to work the infotainment system or fork over more money for a spare key. Double-checking these little things should be a non-negotiable part of your car-buying checklist, and it's way better to sort this out while you've still got negotiating power.

Warranties!

Most used cars from dealerships come with some sort of limited warranty, often good for the first few months. It's like a brief honeymoon period for you and your new (well, new-to-you) ride. But remember, everything is in the details.

Some dealers will serenade you with talks of "lifetime warranties," and while that sounds like a great deal, oftentimes it’s too good to be true – these warranties can be more about grand gestures than actual comprehensive coverage. They often cover very specific parts of the car and might come with more conditions than necessary.

So, what do you do? You ask questions, and you get specifics. What exactly does the warranty cover? Engine? Transmission? Electrical system? And what doesn't it cover? Under what circumstances could the warranty become void? Get it in writing, too. Your future self, stuck on the side of the road or in a repair shop, will thank you.

If you're looking for more wisdom or a bit more hand-holding through the process, my Car Buying Course is just what you need. It's tailored to help you stride into that dealership with all the confidence of a seasoned pro, armed with insider knowledge that could save you not just cash but future headaches too.

Do you have any used car shopping tips you recommend? Let me know in the comments! And to keep up with the latest car buying tips, check out my recent posts: