Buying A Used Car? 4 Steps To Avoid Problems With The Transaction

Insurance Blog

If you're in the market for a used car, you'll need to take steps to avoid problems along the way. Buying a used car is a great way to save money on transportation costs. However, if you're not careful, you could experience some difficulties with the process. Here are four steps you should take when purchasing a used car.

Run a Car Facts Check

If you're going to be purchasing a used car, you need to know everything you can about the vehicle before you buy it. The best way to do that is through a car facts report. One of the benefits of a car facts report is that it will provide you with information such as prior maintenance history or prior accidents that the car may have been involved in.

Insist on a Mechanical Inspection

When you purchase a used car, you need to make sure that you're not purchasing preexisting mechanical defects. One way to do that is by insisting on a vehicle inspection, even if you're purchasing the vehicle from a dealership. Before you purchase the car, arrange to have it looked at by a mechanic of your choosing. This will allow you to identify any mechanical problems that you may need to take care of after the purchase. It will also allow you to walk away if any major problems are discovered.

Visit Your DMV Office Right Away

If you're going to purchase your vehicle through a private party, you'll need to stop by your local DMV office as soon as possible. Most states require that you take care of title and registration transfers within a few days after purchasing a used car. If you purchase through a dealership, they'll handle the transfer paperwork for you. However, when you purchase through a private party, you're responsible for handling the transfer paperwork. Failing to do so in a timely manner could leave you facing penalties and fines.

Add Your Vehicle to Your Insurance Policy

When you purchase your used car, you'll need to add it to your insurance policy as soon as possible. If you don't, you may not have coverage should you be involved in an accident. To ensure maximum protection for your car – and for yourself – you should add your car to your insurance policy as soon as you get home.

If you're going to be purchasing a used car, use the tips provided here to help you avoid problems.

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26 October 2018

Insurance Tips for People of All Ages

I still remember the first time I had to chose an insurance policy; I was 17 years old and had just saved up enough money to afford my very first car. I was so excited to begin driving, but overwhelmed with all of the different auto insurance options. My father helped me chose a full-coverage policy that would cover the cost of my car if it were to become damaged in an accident. When I inevitably caused a small fender-bender as a new driver, my insurance company paid for my car repairs, so it sure was the best policy for me! Now that I am older and have learned a lot about home insurance and other types of insurance, I thought I would make a blog to help others who need insurance advice, like what my dad gave me. I hope I can help you make wise insurance decisions!