rev up your engines, today I’m gonna talk
about how not to get ripped off when buying a used car from Craigslist, now I know
quite a bit about buying used cars every car I’ve ever bought in my entire life has
been a used car and over the years I’ve checked out hundreds of used cars for
my customers when they were thinking about buying a used car but they wanted
a mechanic to check it out so I checked it out for them, now nothing beats buying a
good used car, in my own case I’ll often pay twenty to thirty percent of the
original price of the car and the car still might have eighty percent of it’s life left, for example I bought this lexus it had sixty thousand miles on it
i paid $4,000 originally it was over $30,000 but being a Lexus with 60,000
miles, it’s still got at least eighty percent of its life left and I sure paid
a lot less than eighty percent of the price of the car, the only problem with
buying used cars you got to find somewhere to buy it and a lot of people
use Craigslist which actually isn’t a bad place to look for a used car because
if you go to use car dealers hey I got friends that are in the business, let me
tell you, when they’re selling you a used car the price that they want you to pay is
anywhere two to three or five times what they paid for that car, that’s why you
see so many used-car Lots around it’s an extremely profitable business just like
pizza, doesn’t cost that much to make a pizza that’s why they can sell them
cheaper, the materials to make a pizza are generally less than a buck, so as you
can find a private individual that’s selling a car like on Craigslist, it’s not a bad
place to look for a used car but there’s a lot of dishonesty in the world so
let’s say you’re looking at a car on craigslist you go and you’re looking at
the car, the first thing you want to find out is the person that’s selling you
that car the actual owner of the car because many disreputable car Lots will
have people who work for them directly or indirectly, they’ll put a Craigslist
ad you’ll go and they’ll try to sell you the car it’s actually a car lot car that
they’ve driven to meet you somewhere and they don’t actually own the car,
it’s the old bait-and-switch now realize first thing you want to ask them is who
owns the car is title in your name and if the title
isn’t in their name or if it’s a salvaged or refurbished title, don’t buy
it, now and I was young they just called them Salvage titles because I meant the
car was Salvage then it was resold but they tried to make it look sneaky so
they put things like refurbished on it which really doesn’t mean anything it
doesn’t mean that it was refurbished and then someone checked it to make sure it
was done right, it just means the cars been totaled by an insurance company and
then you’re buying it back and trying to put it back on the road, you want to stay
away from those type of cars and be very leery of where you meet people on a
Craigslist deal now it’s not just for your own safety, like you don’t want to
go and uh you know dark room of some seedy bar to meet somebody, but you don’t
even want to say, oh I’ll meet you at Waffle House parking lot or something
like that, what you want to do is you want to meet the person who’s selling a
car where they live and you know, hey you got a little bit of recourse they live
there, you’re buying a car from them because there are laws about
pre-existing conditions on used cars regardless of what the people might say,
I had a customer do that once they were gonna buy a used Mercedes and it was
like twelve thousand dollars and they were meeting in the Sears parking lot and I said are you
serious, you’re gonna meet somebody you never met, hand him all that money cash
in a Sears parking lot for a car that you don’t know anything about, now he was
smart he didn’t give the money and he convinced them to bring the car to me to
check it out, I checked it out it was an absolute pile of junk, the engine was
coming apart but after I called him up told him it was junky he called up the
seller and then within about half an hour they said, oh we took the car to the
mercedes-benz dealer and they said nothing was wrong with it, but of course
they didn’t do that you couldn’t do it in half an hour anyways and no Mercedes
Benz dealer is ever gonna tell you that there’s nothing wrong with a car
that you’re bringing, they want to sell you stuff, so of course if you’re looking
at a car on Craigslist and they won’t let a mechanic look at it, just walk away
there’s too many scams out there and speaking of scams, bring a scan tool with
you if you’re looking at a car on Craigslist, this Creader it costs twenty
four bucks that’s nothing a lot of times guys will reset the codes when there’s
trouble, this will show you that that’s been done, you just plug
to the data port, snaps right in, they’re fully automated then they set themselves
up and they immediately show you information you wanna know, DTC is
detect the trouble codes it says there’s none, now they could have erased them but
if they did these readiness things would not be ready but in this case as you can
see it’s ready, the thing you’re really looking at here is readiness in complete,
readiness and complete is zero that means it’s complete if there are any numbers
here that would mean that they reset it and it’s not ready yet because there’s a
trouble code somewhere that will pop up later, that’s the biggest trick in the
book, they can erase the code then you don’t see the check engine light being
on, but there’s still a code that’s hidden in there when you put in this
thing, if it says readiness and it doesn’t say zero on the complete that
means that there are a certain number of them that aren’t completed and there’s
probably a problem in the car, don’t buy the car and then you want to have no
trouble codes and you want to have all the readiness done you don’t want to
have any that are incomplete, for 24 bucks this scanner or any little
scanner that you can get that does wireless communication with your cell
phone, it will all be able to read trouble codes and see if your systems are complete or
incomplete, and that stops a lot of scams in just a minute, now of course I got a
whole book on checking out used cars but you’re gonna be doing some of those
things yourself and some you’ll probably pay a mechanic the main thing is you
want to take it for a good road test of at least 10 minutes, back it up for a
minute or so to see how it feels backing up and how it breaks backing up, take
it on the highway get it going at least 60 miles an hour to see how it goes on a
highway, turn on the AC to make sure it works, watch the temperature gauge to
make sure it doesn’t overheat, all the normal things you’re gonna do when you’re road testing a car that you’re thinking about buying, now if you do decide to buy
a car from Craigslist, here’s another bit of advice so you don’t get ripped
off, don’t just be carrying cash around with you, you tell the seller hey we’re
gonna meet at my bank then you’re doing a transaction in a very safe secure
place and demand that they have the title in their hand and if the title
does not say Salvage or refurbished or reconditioned and that it’s got their
name on it, not some other strange person’s name, because you can get a good
deal on a car on Craigslist, but you can’t trust
anyone, except me and the odds of you getting me to check it out for you are gonna be
pretty slim unless you live near Houston Texas, so if you never want to miss
another one of my new car repair videos, remember to ring that Bell!