Buying Used Vehicles

If you don't want to use a vehicle you already own for your business, there are numerous advantages to purchasing a used vehicle instead of a new one. The main advantage is this: as soon as you drive a new vehicle off of a dealer's lot, it immediately becomes worth much less than the price you paid for it. In fact, it is not unusual for a vehicle with just 10,000 miles on it to be worth several thousand dollars less than a new car of the same model.

We strongly discourage you from buying a brand new vehicle, especially if you are just starting out in business.

Here are some tips that our auto experts offer about purchasing used vehicles:

Business Tools

If you are concerned about whether a used vehicle that you purchase will be reliable, you should consider downloading a copy of the checklist for evaluating used vehicles from the Business Tools section.

Many items on this checklist are self-explanatory and you can carry the list with you when you visit dealer lots or explore advertisements in the newspaper.

For those items on the list that you don't understand, you may wish to consult the opinion of a mechanic whom you trust.