When you have a car, college life tends to be a lot easier. A college student car can be a means to a quicker ride to class. Additionally, owning a car can be a convenient means of running errands and simplifying daily tasks. Due to the low cost of user cars, students prefer them as an affordable means of transportation. While buying a used car may not be a difficult process, there are a few tips to help you along the way.
Keep the following tips in mind as you shop for your used car.
· Get Inspected Before You Buy Your Car
Whenever you buy a used car, it is imperative to assess its condition with the help of the vehicle emissions inspection and the vehicle safety inspection. The vehicle emissions inspection checks the emissions of the car. On the other hand, the vehicle safety inspection examines the safety of the components of the car; For example, it inspects the operating condition of the headlights, turn signals, steering, and braking systems. For many first-time buyers and college students, it’s an often-overlooked step. So before you buy your next car, be sure to get it inspected.
· Ask for a written statement of the damage to the car
With little or no car buying experience, requesting a car damage disclosure can have a big impact on your decision to buy. Requesting a written disclosure from the seller is essential. It is because the seller does not have the right to inform you about the condition of the car if the damage does not exceed a certain percentage of the market price. For example, a seller in North Carolina must provide a written statement if the cost of the damage is more than 25 percent of the car’s market price.
The written disclosure must be obtained before the purchase is finalized. The seller must disclose specific details of the damage, such as flood damage and rebuilding essential components of the car. Therefore, if a seller does not provide you with a written statement of the damage to the car, he will reconsider his buying decision.
· Protect yourself under the Magnuson-Moss Warranty Act
The Magnuson-Moss Warranty Act is a federal law that protects the purchaser of any product priced over $25. In addition, it includes any manufacturer’s warranty during the purchase of the product. Under the law, you may be protected from a used one because it doesn’t work as expected. The Magnuson-Moss Warranty Act states that if your car requires repairs even after two or three repair attempts, you are entitled to a repair. Understanding the various acts that are prevalent in your area can help you when shopping for your next car.
Buying a car is a great investment. For college students who are new to the various rules of buying a used car, the tips above will guide you as you set out to make a purchase.
