Buying a vehicle is one of the largest purchases the average person will make in his or her lifetime. Brand new cars are attractive to many consumers, but buying used cars can often save on the overall cost of car. Used cars may also be less expensive to insure than similar new cars, since less valuable items are less expensive to replace. The original retail or sale value of car is known as the MSRP (manufacturer’s suggested retail price.).
Write down the make, model, year, and transmission type of the vehicle.
Ask the owner of the vehicle for the Vehicle Identification Number (VIN) of the vehicle and the name of the dealership where they purchased the vehicle. Dealership names are often printed directly on cars.