Used Toyota buying guide
Image: dave_7, 2012
Thanks to decades of reliable service combined with attractive styling and excellent performance, Toyota cars and trucks have established themselves as the gold standard of modern automobiles. Cars like the Toyota Camry and Toyota Corolla have set the tone for overall reliability and owner satisfaction, making them popular with countless buyers throughout the market.
Buying a used Toyota is a pretty smart decision, especially for anyone who wants to save a few thousand bucks on their automotive purchase. With the right amount of careful research and diligent shopping, you will be able to find plenty of used Toyotas that fit your needs as well as your budget.
Why Buy a Used Toyota?
Affordability is one of the biggest reasons to buy a used Toyota. With a used purchase, you'll be able to dodge the initial depreciation hit, saving you up to 20 percent off the purchase price. You will also be able to enjoy the same amount of reliability as found in a brand new Toyota. Another benefit of buying used is if you enjoy driving a certain generation of Toyota model that might not be found within the new car inventory.
Dealer vs. Private SaleMost people choose to purchase their used Toyota from a reputable dealer. If you choose to buy from an established Toyota dealership, you also have a vast selection of discounted Toyota cars, trucks and SUVs to choose from, each one offering low mileage and a comprehensive service check list that checks and refurbishes flaws and defects that can detract from the initial ownership experience.
Some buyers choose to buy their used Toyotas directly from a private party, as doing so gives them more room for price negotiation and they won't be subject to expensive dealer fees. Unfortunately, you'll have very few, if any, trade options and no financing available, since most private party purchases are straight cash transactions.
No matter how you choose to buy your used Toyota, these tips will help you when it comes to finding your ideal purchase:
• Check the vehicle's service history before you buy. Companies like CARFAX and AutoCheck specialize in providing comprehensive vehicle history reports for a reasonable fee.
• Always take the vehicle out on a test drive under everyday road conditions. You will want to see how it performs in traffic, on a highway and on hills.
• Have the vehicle inspected by a trusted mechanic. Your mechanic will be able to tell you if there are any underlying problems that may require expensive service later on.
• Always ask if the service records are available. If so, examine them carefully to make sure that the vehicle has been serviced properly throughout its life and find out if any major components have already been replaced. On hybrid vehicles like the Toyota Prius, you need to make sure the battery has been properly serviced or replaced recently.
Warranty CoverageEach Toyota vehicle is backed by a 36-month/36,000-mile basic warranty and a 60-month/60,000-mile powertrain warranty. If your purchase is less than three years old or under 36,000 miles, you'll still be able to take advantage of this warranty. Nevertheless, you'll always have the option of purchasing extended warranty coverage straight from the factory.
Toyota vehicles sold under the Certified Used Vehicle program feature 12-month/12,000-mile coverage. For hybrid cars like the Toyota Prius and Camry Hybrid, hybrid components are covered under an 8-year/100,000-mile warranty, plus the battery is usually covered under the lengthier emissions warranty.
Buying a used Toyota is an excellent decision for just about any used car buyer. Not only do they get to save thousands of dollars off the purchase price of a new Toyota, but they also get the same level of reliability and dependability as found in any new Toyota. The tips shown for buying a used Toyota may also be helpful when it comes to buying ClassicCar.com from certain parties.