Buying a second car can present several hidden risks to buyers, but many of these could be avoided by choosing the right place to procure the vehicle, a car mechanic has revealed.
In addition to the risks common to buying all types of second-hand cars auto dealerships can present unique risks, according to car mechanic Scotty Kilmer.
The experienced auto aficionado, who recently recommended a “commonly hated car is cheap and very fun to drive”, discussed these risks in a video warning of severe mistakes frequently committed by drivers.
“Guys that are selling used cars [are] pros,” explained Kilmer. “They do it for a living. They want to squeeze every last dime out of the car, they have no personal in it.”
In other words, car dealers see second cards as something they need to sell at the highest price to help bump up their commission as much as possible.
“Generally their commission is a percentage of the sales, the higher the price the more money goes into their pocket,” added Scotty.
“[The dealers] will go anywhere from two to four times what they actually paid for the vehicle [and] they’re gonna try to get you to pay.”
Because dealers are professionals with a background in sales, they will wait until they get as much as they can for cars that have good reputations.
This is why prospective car owners are encouraged to get their cars from private sellers and not dealers, as private sellers will likely be in a hurry to get their money and will not waste the buyer’s time with backend extras.
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In circumstances where the buyer has no choice but to visit a car lot, they should tread carefully with their questions to the dealer.
One question to ask is what the final price of the vehicle will be, as this will prevent the dealer from adding any unnecessary additional fees as the sale progresses.
Buyers may also want to factor in more than just the price of the vehicle and check the levels of oil and power steering fluid.
If levels are low this could be indicative that the vehicle has been poorly maintained over the years.
An additional point to consider is what type of financing you will opt for, as the financing offered by dealers is often more expensive than other sources of financing like banks.
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