FYI: Whether you’re a first-time used car buyer or a seasoned pro, these essential questions can help you avoid costly mistakes and drive off in a reliable vehicle.
Key Questions to Ask When Buying a Used Car in 2024
Many buyers mistakenly believe that if they end up with a misrepresented or defective used car, the lemon law or a cooling-off period will automatically provide a safety net. The specifics of these laws vary by state, so it’s crucial to ask the right questions before purchasing a used car to avoid any unpleasant surprises.
To assist you, we consulted Sergey Lemberg, a New York-based attorney specializing in lemon law, who provided these essential questions. Though some questions are primarily for dealership sales, they’re relevant to anyone selling a car. And while you’re doing your research, don’t forget to check out the latest listings on Automotive.fyi for a variety of suitable options.
1. What’s the Vehicle’s Repair History?
According to Lemberg, "If the car is relatively new or certified pre-owned, the manufacturer’s dealer can look up the Vehicle Identification Number (VIN) to provide a record of the work done at various dealerships. This won’t include repairs from unaffiliated shops, but it can offer insights into previous issues." In addition, request a CarFax report from the dealer to uncover further details and potential red flags.
2. Where is the Buyer’s Guide?
"Federal law mandates that all used vehicles have a buyer’s guide prominently displayed, typically in one of the rear windows," Lemberg explains. "The buyer’s guide indicates whether the car is sold ‘as is’ or with a warranty, detailing coverage specifics. Lack of a buyer’s guide is a red flag, and you should consider another dealer."
3. What is the Return Policy?
Lemberg points out a common misconception: there is no legally required cooling-off period for car purchases. Still, some dealerships have their own return policies. "Understand their return policy and get it in writing," he advises. "Relying on lemon laws for used cars should be a last resort."
4. Can I Inspect the Vehicle Title?
"Be cautious of unscrupulous dealers who might misrepresent vehicles," Lemberg warns. "In many states, titles must indicate if a vehicle is distressed, salvaged, or remanufactured. Verify this by checking with your state’s Attorney General. Additionally, always look up the VIN yourself through your state’s DMV or services like CarFax to ensure the vehicle’s history." Remember that dealership-provided CarFax reports may be outdated or altered.
5. Will You Put That in Writing?
"Dealers might make grand promises about financing, warranties, and repairs," says Lemberg. "Always get these promises in writing as part of the contract. Don’t leave the dealership without signed agreements and confirmed financing."
6. Can You Verify the Odometer Reading?
"Odometer fraud is more common than people think," Lemberg states. "While electronic odometers are presumed to reduce fraud, they can be manipulated easily. Dealers must justify the odometer reading based on repair history, current mechanical condition, and ownership history."
7. Is the Manufacturer’s Warranty Still Valid?
For newer used cars, the original manufacturer’s warranty may still be active. "If so, get a warranty copy and verify its validity by contacting the manufacturer directly with the vehicle’s VIN," advises Lemberg.
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Conclusion
Navigating the used car market can be daunting, but asking these key questions will help safeguard your investment. Ensure you thoroughly vet each vehicle and understand the terms before you sign any contracts. A bit of diligence can go a long way in making sure your next car purchase is a smart one.
Lawrence Jacobs, Editor of Automotive.fyi
