Categories: Personal Finance

10 Things to Do When Shopping for a Used Car

7. Get a Used Vehicle History Report

Get a history report from popular sites like AutoCheck.com or Carfax.com for odometer checks and accident history; however, never assume these reports are complete.
Robert Palidora, finance and insurance manager at Porsche of Conshohocken in Pennsylvania said consumers must understand that vehicle history reports are a critical source of information on major claims, ownership, and service records. He also reminds buyers that incidents such as unreported accidents often don’t make it into these reports.
Palidora suggests doing a basic Google search of the specific model along with the word “problems.”
“You’ll be surprised what pops up,” he said. “They often extend the warranty by a few years, and the vehicles have to go through the manufacturer’s strict guidelines.”

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