Before getting your own car, it pays to do some homework. Think about what you need, what the car will be used for, and your budget. Look in books and online and think about repair costs, safety tests, mileage etc.

All this research can save you some serious money and help you avoid being ripped off.

Once you’ve chosen the car you want, you have to decide how you are going to pay for it. You can pay the whole amount upfront or you can finance the purchase over time. If you do use financing, you should be aware that this increases the total cost of the car as you must pay for the car plus the credit.

Once you have decided on how much you can put down, you can look at the annual percentage rate (APR) of the loan and the length of the loan and see how much your monthly payments will be.

Generally speaking, the shorter the term of the loan, the higher the APR. If you are in your teens, cosigning with your parents will help you to get a better rate. You may also want to think about paying in cash for a less expensive car.

Dealer or Private Sale?

This is an important decision to make. If you buy from a dealer you will generally pay more. But you will benefit from knowing that if there is a problem you can return to the dealer to complain. Many dealers offer warranties and guarantee the quality of the car.

On the other hand, buying from an individual will offer less security as the car will generally be sold as is, which means you must bare the cost of any problems that later arise. You also cannot go back and complain to an individual if something they told you turns out to be untrue. That said, buying from an individual can often offer very good value.

First of all, they will not add a mark up on the price, which is what a dealer would do if he had bought it first. Also, if you bring along your own mechanic, or someone who knows about cars, you can have it checked out to make sure everything looks ok.

Before you buy the car, make sure you examine it with an inspection checklist. Get a good test drive over varied road conditions and be sure to get the car’s maintenance record. It is also worth having the car inspected by a mechanic if you have serious concerns about it.

Finally, before you buy, make sure you are ready to meet all the associated costs of having the car. These include insurance, fuel, maintenance and repairs.

If you are going to buy a used or second hand car, what will be your main concerns? What are the most important factors to consider if you wish to buy a used car?

I find myself asking these same type of questions when I was faced with a limited budget and a need to change to a newer, but used or second hand car to cut down on initial investment costs.

I have read from one car club for motoring enthusiasists that it should be the age of the car. Briefly, this car club recommended that I spend the most time to look out for a car that was about 3 years old to get the best value out of a used car which still looks good and has depreciation factored into it.

But essentially was that the main factor I should be concerned about when hunting for a good used second hand car?

Are there more important factors I should rightly spend more time to look at if I am looking for a used or second hand car?

Indeed, I was not too surprised when I read a report from the Monash University Traffic Research Centre and supported by the RACV, Traffic Accident Centre and several other motoring clubs that for anyone looking for a used car, the most important criteria in determining the selection of a used car is not its age, but is the safety the used car provides the driver and the people on the road!

In the world’s largest crash study conducted in 2006 (and updated recently in mid July 2007), results assessed the performance of 305 vehicle models in more than 1.7 million crashes in Australia and New Zealand from 1987 to 2004.

From the study, it is now possible to have a good understanding of how each car model correlated to its age would perform with regards to its crashworthiness (how much protection the vehicle provides the driver in a crash) and aggressivity (how badly the vehicle is likely to harm other road users, including pedestrians and cyclists, in a crash).

By means of this study, if you are looking for a used car in Australia and New Zealand, it will be possible for you to have a general assessment of the protection the used car model will provide you as well as the potential harm it can cause to other road users in a crash.

Dr Newman who led the study reported that of the 305 vehicle models assessed, 87 provided an above average level of driver protection and 72 provided a below average level of driver protection in a crash.

With this report, it is now possible for you to check the make of your car and the model against the report to have a quick understanding of its car crashworthiness and aggressivity.

Further if you are in Australia and if you agree that the aspect of car safety is or paramount importance to you, then before you make a decision to buy any used car, check the make of your car and the model against this Used Car Safety Ratings (UCSR) report.

From this report there are clear indications of some superior makes and models that are standout cars, and where safety is your consideration, it will be wise to give a lot more consideration to these cars when you purchase your next used car.

Today’s car shopper is faced with many choices on how to buy a vehicle, but none offers more information and up-to-date information like the Internet. In years past, when you in were in the market for a car, you would go to the dealership empty-handed, test-drive the car and put together the deal based on what you thought the car was worth. Unfortunately, many times buyers ended up getting a raw deal, with the dealerships using their salesmanship and behind the scenes knowledge to turn the deal in their favor.

But now, things are different. The Web offers shoppers a tool which they can research, price and even take a virtual test drive of the car they want. They can e-mail or call, and have all the information at their fingertips at sites like Kelly Blue Book (www.kbb.com) and Edmunds (www.edmunds.com).

Possibly one of the best examples of a site dedicated to the car buyer is www.sandiegocardeals.com, run exclusively by the internet/fleet department of Kearny Mesa Toyota in San Diego. The site offers a complete virtual inventory of all new Toyota and Scion models as well as complete pre-owned inventory listings. But what really sets this site apart from the others is that they actually post retail and invoice prices so that the buyer can simply “name my price”, based on the research they’ve done online prior to coming to the site.

This approach, of providing the buyer with as much information as possible, is a product of Kearny Mesa Toyota’s realization that it is not status quo in the car business anymore.

“We found that the buyer responds to being treated like an intelligent human being,” said Melissa Amick, Internet/Fleet Director at the San Diego Toyota dealer. “They have done the research, and they just love it when they talk to one of our Internet specialists and get a straightforward, honest answer.”

Kearny Mesa Toyota has even taken it a step further buy training and authorizing their entire Internet department staff so that they can quote prices over the phone without having to check with management.