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Buy or Lease a Car?
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What To Ask The Seller

Potential Questions:

  • When did you buy the car?
  • Are you the original owner?
  • How much mileage does the car have?
  • Any previous accidents? Major repairs?
  • What's the mechanical condition? Any repairs needed now? Any concerns?
  • General condition of the car Interior
  • Exterior (dents, dings, scratches)
  • Any rust?
  • Any other damage?
  • Where has the car been serviced? Are the service records available?
  • What is the reason for selling the car?
  • Are there any liens on the vehicle?

Check out the car thoroughly - Inspection Checklist

Take it for a Test Drive

Test drive the vehicle, preferably on both city streets and highways, to see how it performs. Notice how the brakes respond, the speed of acceleration, how smoothly the gears shift, and how well the car handles curves in the road. Turn the radio off so that you can be alert to any unusual noises the vehicle makes. Is the car comfortable?

Have car inspected by mechanic

Even if the car seems okay to you, there could be a serious problem that only a professional will have the means and/or knowledge to detect. So have the car thoroughly inspected by a reliable mechanic that you know and trust. The charge for a "pre-purchase inspection" is typically around $100 (Source: Consumer Reports), but can save you thousands of dollars (and lots of heartache) down the line.

Be sure before you close the deal

Contrary to what many people believe, there is no "cooling off" period when it comes to car purchases. What's more, vehicles sold with the notation "AS IS" means NO warranty, and verbal promises may not apply. Unless you have a specific written promise or purchase a service contract, the seller of an "as-is" vehicle may not be liable for any problems the vehicle has, or for any repairs it may need, once you sign a purchase agreement.


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