Tip #6 Beware when buying used vehicle
Today, while passing by a garage, I looked at a vehicle being repaired in the last couple of days. I wondered because all the mechanic has to do was replaced the alternator. When
I asked about the hold up, he explained:
“We cannot just replace the alternator without asking authorization from the owner. The alternator itself was over $600 and the labour is about 3 hours and by the time we bill him for it, the owner will be charged about $1000”.
What??? Just for an alternator? I went and had a look at the engine compartment of the vehicle and this is what I saw (see picture below):
The vehicle is a 2002 model but warranty coverage was 100K but vehicle has already 200k so the dealer will not give warranty.
What is the lesson of the story? No matter how cheap the vehicle being offered to you, find out:
What is the cost of the fast moving parts like: alternator, starter, brake pads and shoes?
You should ask this because these are the parts that easily wear and will bite you later.
I asked about the hold up, he explained:
“We cannot just replace the alternator without asking authorization from the owner. The alternator itself was over $600 and the labour is about 3 hours and by the time we bill him for it, the owner will be charged about $1000”.
What??? Just for an alternator? I went and had a look at the engine compartment of the vehicle and this is what I saw (see picture below):
The vehicle is a 2002 model but warranty coverage was 100K but vehicle has already 200k so the dealer will not give warranty.
What is the lesson of the story? No matter how cheap the vehicle being offered to you, find out:
What is the cost of the fast moving parts like: alternator, starter, brake pads and shoes?
You should ask this because these are the parts that easily wear and will bite you later.
posted by Rich at 2:20 PM
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