Buying a used vehicle draft

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Chrysler Prowler $2,500. Oppt. Of a lifetime. Call and drive today. Jay 254-987-2341

Transcript of Buying a used vehicle draft

Page 1: Buying a used vehicle draft

Chrysler Prowler $2,500. Oppt. Of a lifetime. Call and drive today. Jay 254-987-2341

Page 2: Buying a used vehicle draft

Buying a Used Vehicle;

Avoiding the Pitfalls

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People sell automobiles for a variety of reasons.

R

E

A

S

O

N

S

Cannot afford the car anymore

A change in automobile is desired

Will not invest in repairs needed

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Two Types of Ads Key Words Have Two Purposes

PRINT

VERBAL

ELIMINATE

INVESTIGATE FURTHER

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ADS THAT ARE SUSPICIOUS Mechanic’s Special

Make Offer

Price Unrealistic

Inadequate Information

List of 20 Recent Repairs

High Mileage

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Favorable AdsRecent Emissions

Low Miles

1 Owner

Estate Sale

Excellent / Great Condition

Must Sale

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Purpose For Selling How long have you owned the vehicle?

Do you drive it often?

Are you the original owner?

Why are you selling?

Any information about the vehicle is an ad, including verbal.

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Determine Mechanical Condition

What’s wrong with the vehicle?

What repairs have you done recently?

Does it need an oil change?

What problems have you had?

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Some ads are honest

Some ads intentionally omit information

Some ads will flat out LIE to you

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A lie will reveal

itself - if you listen

close enough.

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Critical Information GatheringAutomobile Information:

Make (Subaru)

Model (Legacy)

Type (Ex, Lx, Si, etc.)

Style (Coupe, Sedan, SUV, etc.)

VIN (Vehicle Identification Number – 17)

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Successfully

R E S E A R

C H

Deciphered the

Ads

Gathered necessary

information

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www.kbb.com

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Consumer Reports

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Car History Car FactsEmissions

Floods

Mileage

Owners

Wrecks

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www.carfax.com CARFAX Buyback Guarantee Registration Please complete this registration in order to activate the CARFAX Buyback Guarantee for

a qualifying vehicle. The CARFAX Buyback Guarantee protects you from unknowingly buying a used car with DMV-

reported incidents (salvage, fire, flood damage, odometer problems or lemon history). This coverage lasts one year and is transferable.

Please remember to print and retain a copy of your CARFAX report as it will be required in a Claim submission per the program's terms and conditions.

Top of Form

First Name:  Last Name:  Email Address:  Vehicle Identification Number:  CARFAX Report Purchase Date:                    Purchase Price:  

I accept the Terms and Conditions of the CARFAX Buyback Guarantee.

 

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On- Site

INSPECTIO

N

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OIL LEAKSEXPENSIVE FIRE HAZARD

Potentially expensive repair.

Could be primary reason for owner selling

automobile

If left unrepaired, it will lead to other costly

repairs.

Oil leaking onto hot exhaust pipes near the engine is combustible and may lead to complete destruction of vehicle.

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Unresolved oil leaks and electrical

problems can lead to destruction.

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Quick Check ListExhaust Smoke: Blue - bad White - bad Black – ok

Idiot Lights

Dollar Bill Check

Tires Obvious lean Different patterns Uneven thread

wear

Strange Noises

Awkward Scents

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TEST DRIVE

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CONGRATULATIONS•How to decipher print and verbal ads ~ Eliminate many of the PITFALLS

•What information is necessary for subsequent research ~ Where to obtain the information

•Knowledgeable of what resources are available ~ Understand how to access resources

•Capable of performing a competent spot check ~ Recognizing tell-tell signs of trouble

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Thank you for listening

Happy Car Buying !