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frugal automobiles

Category:  Automobiles

End of the Year Car Savings

 

By Nikki Willhite

www.allthingsfrugal.com

The end of the year is often one of the best times of the year to buy a car from a dealership. During the holidays business drops at dealerships, and they are often willing to sell cars at substantial savings.

Add to this their desire to clear their inventory to make room for next year's models (and the resulting price drop on the "old models") and you find yourself in a great bargaining position.

Rental cars are also turned for dealerships to sell. They are usually well serviced, and typically have 10-14 thousand miles on them.

I hope you don't have to buy another car, but if you do, this is a good time time. Start doing your homework. Read about prices, features and reliability. Some makes of cars are just poor. Others are known to clock 200,000 miles with regularity. Whether you buy your car from a dealer or a person, you should have the make, mileage and price point figured out before you begin.

If you buy from an individual, be sure that you meet them at their home, and that they actually live there. If the car is parked on gravel or dirt, suspect leaking fluids. Ask to see copies of the work that has been done. If they don't have it, walk. Either they are not telling the truth, of their car maintenance is on track with their record keeping.

Depending on the age of the car, you can count on certain repairs that should have been done. If they haven't, then you will be paying for them. After 10 years, (or about 100,000 miles) a car will need new brakes, a new clutch, radiator, rubber hoses, and possibly even an engine replacement.

The wheels should have been replaced at least twice. Check to date on the last battery. Check the windows, doors and locks to see if they are operating smoothly. When was the last tune up? Most older cars need a major tune up (which is expensive) every 40,000 miles.

If you look at an older car, and it has a stack of receipts for repairs, don't let that deter you. It may just mean fewer things for you to do. For those of you who remember the story at the beginning of the year I told you about my son who decided to put a new engine in his truck rather than buy a another vehicle- it has worked out well and was a big money saver.

Here is a URL to do research on the internet:

Kelly Blue Book Online

 

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