Including the time you spend researching used cars on the internet, the average is about 10-12 hours. You want to make sure you test drive the vehicle for a 20 to 30 minute period of time. If you are buying the car from an individual, have it checked by your mechanic. Contact your insurance company to determine the cost of insurance. Are you planning to buy a warranty, make sure it has good coverage. Will you need to go to the Motor Vehicle Administration to transfer the title, add time for that. The more thorough you are, the better deal you will get. Good Luck!
〉 Answered on Nov 30th, 2007 by Jenny Trostel, Partner at Anderson of Hunt Valley
The amount of time it takes to buy a used car all depends on the person. I have seen folks take up to 2 months, and have seen folks find a great used car in one day.
It will help speed up the process if:
1. You know what you are looking for.
2. You know what your budget is and have the money in hand or are pre-approved for a loan.
3. There is a dealer or used car lot that you have a relationship with and that you know and trust. If you are not from the area, do you know someone that is and can give you a great referral.
4. Make sure you get the vehicle inspected by a trained auto technician. If it needs some minor repairs and service work, get an estimate for the work and use it to negotiate a good price.
5. If you purchase the vehicle, get the repairs and service work done before you drive it on you trip back home.
All My Best,
〉 Answered on Nov 30th, 2007 by Amy Mattinat, Owner and Author at Auto Craftsmen Ltd
Thank you visiting AskPatty.com. The length of time depends on several items. Are you paying cash? Does the vehicle have a lien on it and require a release of lien letter? If the answer to those first questions are yes you are paying cash and no it does not have a lien on it. The transaction can take minutes. If a loan is required or the vehicle needs to be paid off by the current owner and needs to get a release of lien the transaction can take a couple of days.
Hope this helps.
〉 Answered on Nov 30th, 2007 by Marnie Kramer, Owner and Creator at EverythingCarz.com
Actually my husband and I bought a used car about 2 months ago. We knew what we wanted when we went in and had an awesome sales person. We got to the dealership at 8:00am. In that time we test drove it again, drew up the contract, spoke with finance, had it cleaned and were off the lot by 10:00am. If you stick with a sales person who knows what he or she is doing, it will be a smooth process. I was very pleased.
〉 Answered on Nov 30th, 2007 by Susan Givens, Publisher at Auto Success Magazine - System Publishing , Inc.