Table of contentsChapter 1: Getting startedChapter 1: Getting startedBegin with a budgetSee all stories »Chapter 2: Shop till you dropChapter 2: Shop till you dropResearching vehicles onlineSee all stories »Chapter 3: The buying experienceChapter 3: The buying experience6 car-buying mistakesSee all stories »Chapter 4: The leasing experienceChapter 4: The leasing experienceKeys to leasingSee all stories »Chapter 5: Financing the dealChapter 5: Financing the dealWhere to get the moneySee all stories »Chapter 6: Insuring your vehicleChapter 6: Insuring your vehicleABCs of auto insuranceSee all stories »
It's always possible to get burned when shopping for a used car. One popular scam involves piecing together one car from several wrecked cars and then passing it off as a clean used car.
But the Internet and services like Carfax.com have made it easier to check out a car's ownership history and whether it has been in any accidents. Unless you want to lay your money down and roll the dice, never buy a used car without getting a report using the vehicle identification number, or VIN. If a seller refuses to give you the VIN, run away from that deal. Or if the VIN report says the car is blue and the vehicle you're looking at is white, be very suspicious of stories about the color change. Look inside door jambs, nooks in the trunk and wheel wells for signs of the original color. The seller may have switched VIN plates to pass off a lemon-law buyback or salvage vehicle.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.
By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.
A little research could save you BIG on interest.