Friday, July 22, 2011

What makes a quality used car?

Buying a quality used car can be a great decision if you know what to look for in a previously owned vehicle. There are some cars that simply do not hold their value the way some others do. Then again, there are some cars that will last longer than others do as well. Do your homework as you do your search for a good previously owned vehicle. Not all cars are created equally, and even though you will not be paying the new car price, you will want to make sure you have gotten the best your money can buy when buying a quality used car. 

You may be interested in knowing what gives a used vehicle, what is known as “a quality rating”. Several factors must be considered when placing that rating on a previously owned vehicle, so it would be a good idea to educate yourself before you are ready to proceed with buying a quality used car. The biggest factor to take into account, when rating a used car, with a quality rating is just how long a car will retain its value, and you have to know that there are huge differences between the different car brands. Be sure you are armed when you go shopping.

Make sure you are purchasing from an O.M.V.I.C. Registered Dealer. There are two very good reasons for this. Access to consumer protection funds and making sure there is full disclosure in advertising and contracts. OMVIC is The Ontario Motor Vehicle Industry Council that enforces the Motor Vehicle Dealers Act. They are there to protect you and their mandate is to “maintain a fair, safe and informed marketplace in Ontario by protecting the rights of consumers”.

Check the mileage of the car you look at to see if you think they will last the length of time you need it to. Also check the history before buying any quality used car to see if there are any accidents in its past. Sometimes, even though repairs have been made, many of those repairs are for cosmetic reasons, and some damage may have been missed in the inspections. A previously owned vehicle that has had extensive damage in the past may be one that will have more problems showing up in the future. Many times all you need are the facts to make the right decision.

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