Monday, July 22, 2013

Buying a Used Car - STEP 7

Step 7 - Read the "Buyers Guide" on the Window
Federal law requires every used car on a car dealer's lot to have posted in the window a one page (two sided) "Buyers Guide" that clearly discloses whether the vehicle is being sold "as is" or with a warranty.  The car dealer is required to complete both the front and back of the "Buyers Guide", and to give a copy of the completed form to the person buying the car.
Before you purchase a used car, take a look at the "Buyers Guide" in the window of the vehicle.  Make sure that you understand the guarantees that come with the vehicle.  And, if the dealer makes any promises or guarantees, make sure that you get the promises or guarantees in writing on the "Buyers Guide", the sales contract, or a "we owe" form.  If the promises or guarantees are not in writing, and the dealer breaks the promises or guarantees, it can be extremely difficult to enforce.

When buying a used car, you should always try to get the seller to give you some kind of written guarantee, even if it is only good for 30 days.

You can see exactly what the "Buyers Guide" form looks like (both front and back) by clicking here.
Beth Wells
Helping Consumers Get Rid of Lemons, 9 Years Running

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