If you're in the market for Second hand cars Bahrain, you may be fully aware that used car prices are sky high. Gone are the days when you could find a quality working bargain for under $1,000 -- even aged models with high miles may command $5,000 or more.
New car prices are averaging close to $30,000, one important reason why many people are opting for a used car. Such models may have been a dealer test with just a few hundred miles on the odometer or may be a neighbor's vehicle that is five years old or older, but in good shape. Regardless, there are some steps you will need to take to find the right second hand car.
1. Know car prices -- You can find out what any car is worth by visiting Kelley Blue Book at KBB.com and plugging in some information. Those details include the year, make and model of a car, its engine and transmission, amenities, its condition and the miles on its odometer.
2. Set a budget -- What can you afford to pay for a used car? If you have $5,000 cash, then your budget is limited to cars valued for that amount or less. If you plan to finance a car, then you can put some money down and pay off the remainder over the next 12 to 48 months. Determine a monthly payment and seek financing through your credit union or bank.
3. Search for a car -- Check your local Craigslist listing for cars as well as newspaper advertisements, eBay, supermarket bulletin boards or stop by a used car dealership. Test drive every car that you are considering buying and listen carefully for sounds that are out of the ordinary. These may include wheels that chatter when you turn the steering wheel, a belt that squeals when your turn on the ignition or an exhaust pipe that sounds like it has a hole in it.
New car prices are averaging close to $30,000, one important reason why many people are opting for a used car. Such models may have been a dealer test with just a few hundred miles on the odometer or may be a neighbor's vehicle that is five years old or older, but in good shape. Regardless, there are some steps you will need to take to find the right second hand car.
1. Know car prices -- You can find out what any car is worth by visiting Kelley Blue Book at KBB.com and plugging in some information. Those details include the year, make and model of a car, its engine and transmission, amenities, its condition and the miles on its odometer.
2. Set a budget -- What can you afford to pay for a used car? If you have $5,000 cash, then your budget is limited to cars valued for that amount or less. If you plan to finance a car, then you can put some money down and pay off the remainder over the next 12 to 48 months. Determine a monthly payment and seek financing through your credit union or bank.
3. Search for a car -- Check your local Craigslist listing for cars as well as newspaper advertisements, eBay, supermarket bulletin boards or stop by a used car dealership. Test drive every car that you are considering buying and listen carefully for sounds that are out of the ordinary. These may include wheels that chatter when you turn the steering wheel, a belt that squeals when your turn on the ignition or an exhaust pipe that sounds like it has a hole in it.
