(Phoenix, Arizona) - It’s the perfect scenario for someone who wants to make a fast buck on unsuspecting consumers. The prices of used cars are overinflated due to a shortage of used cars, and demand is up. Many people who are in need of a new vehicle and can’t get credit are turning to Craigslist or fly-by-night car dealerships to find a used vehicle they can afford.
Many of these used cars have serious problems that can end up costing you more money than you wanted to spend this holiday season. Dave Riccio, owner of Tri-City Transmission, KTAR Car Guy, and Chairman of the Better Business Bureau Automotive Advisory Committee says buyer beware: one of the most common problems that buyers are inheriting is faulty transmissions, costing them thousands of dollars in additional repairs that they weren’t suspecting.
Below are some tips on what to do when buying a used car to avoid getting burned:
- Research any dealership with BBB.
- If buying from a private party, you definitely want to get the car checked out by YOUR mechanic, not their mechanic.
- Get everything agreed to in writing. Verbal agreements guarantee nothing.
- Used car warranties will NOT ALWAYS pay for repairs: When people buy a used car from a dealership sometimes they purchased the used car warranty, however, there is generally a gap or a “waiting period” before that warranty kicks in. The waiting period before a repair will be covered for a repair is generally 3-6 months. The waiting period for a transmission repair could be as long as 12 months before the warranty kicks in.
- Have a mechanic independently contracted examine the vehicle prior to purchase.
- Go for an extensive test drive, 10 miles on the highway and 10 miles on surface streets.
- NEVER buying a car you cannot test drive.
- Whenever possible, drive the car away from the salesperson or the owner while you are test driving.
- Always obtain a CarFax Report, however, be advised that a clean Car Fax report does not guarantee a good car because less than half of all repair shops report to CarFax, nor are they required to.
- Salvaged titles should be avoided. People will go buy salvaged cars and “fix them up” usually cutting corners, so they can fix it for cheap and sell it for more.
- Realize there is no “cooling off” period for used cars unless the option is purchased along with the car.
*Dave co-hosts a new radio talk show, Bumper to Bumper Radio, Saturdays at 11am on KTAR 92.3 FM…all about cars!
About Tri-City Transmission:
Tri-City Transmission is a family-owned business that has been providing complete transmission service, repair and sales to the Phoenix, Arizona, area since 1972.
Tri-City Transmission is rated as an A+ Accredited Business by the Better Business Bureau (BBB) and is a member of the Automatic Transmission Rebuilders Association (ATRA).
The owner of Tri-City Transmission, Dave Riccio, has been in and around the automotive business for over 15 years, getting his start in the tire business. He currently serves at the chairperson of the Better Business Bureau’s automotive advisory committee. Dave is also featured on the Bumper to Bumper Radio show every Saturday morning from 11:00-12:00 on 92.3 KTAR Radio in Phoenix.
Dave was diagnosed with Multiple Sclerosis in 2005. Because of that he actively involved with the Arizona chapter of the National Multiple Sclerosis Society. When not at work, Dave enjoys spending time with his family and mountain biking. For more information go to http://www.tricitytransmission.com.