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How to Safely Buy a Used Car on Craigslist

How to Safely Buy a Used Car on Craigslist

So you’re in the market for a used car and you’ve decided to turn to Craigslist. Maybe you want to have the flexibility of negotiating a great deal, or perhaps you just want to avoid pushy or sketchy used car salespeople. Great idea! But you’re unsure of how to go about looking for the right car or maybe you’re nervous about being stuck with a lemon. You’re not alone.

Here are some tips and tricks for protecting yourself when buying a used car from Craigslist:

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What the law says:

I’m sure you’ve heard of lemon laws which provide protection to consumers who buy used cars that have been misrepresented as being in good condition or otherwise fail to meet quality and performance standards. But did you know that lemon laws only apply to auto dealers in most states?

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That’s right, there is almost no legal protection when you’re buying from a private seller. The large majority of states view private car sales as “as is” sales. That means that whatever condition the car is in when you receive it is your problem to deal with. For the most part, used private car sales are “buyer beware”.

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Still, there are basic ways to protect yourself from getting a dud, from being tricked by sneaky private sellers, and even ways to secure possible legal recourse if something does goes wrong with the sale.

Rules to follow:

  • Always get it in writing. Whether it’s a promise of the condition of the car on the whole or the condition of a particular part or system, print out the Craigslist ad before you ever contact the buyer. Pay special attention to listings that have promises of new or recently repaired parts. Get evidence of the promises they are making. Keep any and all correspondence in writing, whether it be through email or text message. Secure a paper trail.
  • Always ask important questions before you go to inspect the car. Ask if it has had repairs recently and where they were done. Ask for a copy of receipts for proof. Ask if the seller has had any issues with the car. Ask for the VIN if you want to go the extra mile and do an online check like CarFax. Make sure the seller’s answers are in written form, if you ever need to reference them later.
  • Always ask to test drive. Not every private seller is comfortable allowing this, because if you’re test driving their vehicle and something happens to it, the seller is on the hook legally and financially. But it doesn’t hurt to ask.
  • Never buy a car without having a mechanic inspect it. If the mechanic finds issues with the car, ask him or her to itemize their findings on the inspection report. Use the issues as a point of negotiations. Often the seller wants to get rid of the car, so they may be willing to work with you on splitting the repair bill or lowering the purchase price of the car.
  • Never let the seller choose the mechanic. You don’t want to take the chance that the mechanic is actually the seller’s buddy who may be willing to fudge information to help a friend. Always choose a mechanic you trust. You may have to foot the inspection bill yourself, but it is money well-spent.
  • Never complete a private sale without a receipt. It doesn’t matter if the receipt is written in crayon on a piece of toilet paper. A receipt is needed to prove what you paid, when you paid it, and to verify the condition of the car. Make sure both you and the seller signs and dates the receipt. A receipt may make or break your case in civil court.
  • Never pay for a private sale in cash. I know cash can be a powerful tool in price negotiations, but there is no way to track how much cash you paid and when, aside from your word. Make sure you pay in a way that’s easy to track, like PayPal or by check.

Signs you need to walk away:

Here are some serious signs that you may just need to walk away:

  • The seller can’t produce a title.
  • The title the seller produces looks sketchy.
  • The title shows a lien on the car whose status the seller won’t or can’t verify.
  • There are signs of water damage in the car (new upholstery, rust under the seats, waterlines).
  • The car has fresh paint (a sign of covering up damage after an accident).
  • The 17 digit VIN on the dashboard doesn’t match the VIN on the car door (a sign the car was stolen).
  • There are signs of fluid leaks around the car which is an indicator of a major problem.
  • The seller is jerking you around when it comes to arranging an meeting, test drive, or inspection with a mechanic. If the seller has nothing to hide, then they should be willing to work with you.

When it comes to a private used car sale, check the laws in your state by visiting your DMV’s website or calling your local DMV chapter. Remember to always take safeguards to protect yourself and don’t let the buyer pressure you in any way. Be prepared to negotiate and be prepared to walk away. If you put yourself first, you should be able to successfully buy a safe used car from Craigslist.

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Published on November 8, 2018

How to Answer the Tough Question: What are Your Salary Requirements?

How to Answer the Tough Question: What are Your Salary Requirements?

After a few months of hard work and dozens of phone calls later, you finally land a job opportunity.

But then, you’re asked about your salary requirements and your mind goes blank. So, you offer a lower salary believing this will increase your odds at getting hired.

Unfortunately, this is the wrong approach.

Your salary requirements can make or break your odds at getting hired. But only if you’re not prepared.

Ask for a salary too high with no room for negotiation and your potential employer will not be able to afford you. Aim too low and employers will perceive as you offering low value. The trick is to aim as high as possible while keeping both parties feel happy.

Of course, you can’t command a high price without bringing value.

The good news is that learning how to be a high-value employee is possible. You have to work on the right tasks to grow in the right areas. Here are a few tactics to negotiate your salary requirements with confidence.

1. Hack time to accomplish more than most

Do you want to get paid well for your hard work? Of course you do. I hate to break it to you, but so do most people.

With so much competition, this won’t be an easy task to achieve. That’s why you need to become a pro at time management.

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Do you know how much free time you have? Not the free time during your lunch break or after you’ve finished working at your day job. Rather, the free time when you’re looking at your phone or watching your favorite TV show.

Data from 2017 shows that Americans spend roughly 3 hours watching TV. This is time poorly spent if you’re not happy with your current lifestyle. Instead, focus on working on your goals whenever you have free time.

For example, if your commute to/from work is 1 hour, listen to an educational Podcast. If your lunch break is 30 minutes, read for 10 to 15 minutes. And if you have a busy life with only 30–60 minutes to spare after work, use this time to work on your personal goals.

Create a morning routine that will set you up for success every day. Start waking up 1 to 2 hours earlier to have more time to work on your most important tasks. Use tools like ATracker to break down which activities you’re spending the most time in.

It won’t be easy to analyze your entire day, so set boundaries. For example, if you have 4 hours of free time each day, spend at least 2 of these hours working on important tasks.

2. Set your own boundaries

Having a successful career isn’t always about the money. According to Gallup, about 70% of employees aren’t satisfied with their current jobs.[1]

Earning more money isn’t a bad thing, but choosing a higher salary over the traits that are the most important to you is. For example, if you enjoy spending time with your family, reject job offers requiring a lot of travel.

Here are some important traits to consider:

  • Work and life balance – The last thing you’d want is a job that forces you to work 60+ hours each week. Unless this is the type of environment you’d want. Understand how your potential employer emphasizes work/life balance.
  • Self-development opportunities – Having the option to grow within your company is important. Once you learn how to do your tasks well, you’ll start becoming less engaged. Choose a company that encourages employee growth.
  • Company culture – The stereotypical cubicle job where one feels miserable doesn’t have to be your fate. Not all companies are equal in culture. Take, for example, Google, who invests heavily in keeping their employees happy.[2]

These are some of the most important traits to look for in a company, but there are others. Make it your mission to rank which traits are important to you. This way you’ll stop applying to the wrong companies and stay focused on what matters to you more.

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3. Continuously invest in yourself

Investing in yourself is the best investment you can make. Cliche I know, but true nonetheless.

You’ll grow as a person and gain confidence with the value you’ll be able to bring to others. Investing in yourself doesn’t have to be expensive. For example, you can read books to expand your knowledge in different fields.

Don’t get stuck into the habit of reading without a purpose. Instead, choose books that will help you expand in a field you’re looking to grow. At the same time, don’t limit yourself to reading books in one subject–create a healthy balance.

Podcasts are also a great medium to learn new subjects from experts in different fields. The best part is they’re free and you can consume them on your commute to/from work.

Paid education makes sense if you have little to no debt. If you decide to go back to school, be sure to apply for scholarships and grants to have the least amount of debt. Regardless of which route you take to make it a habit to grow every day.

It won’t be easy, but this will work to your advantage. Most people won’t spend most of their free time investing in themselves. This will allow you to grow faster than most, and stand out from your competition.

4. Document the value you bring

Resumes are a common way companies filter employees through the hiring process. Here’s the big secret: It’s not the only way you can showcase your skills.

To request for a higher salary than most, you have to do what most are unwilling to do. Since you’re already investing in yourself, make it a habit to showcase your skills online.

A great way to do this is to create your own website. Pick your first and last name as your domain name. If this domain is already taken, get creative and choose one that makes sense.

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Here are some ideas:

  • joesmith.com
  • joeasmith.com
  • joesmithprojects.com

Nowadays, building a website is easy. Once you have your website setup, begin producing content. For example, if you a developer you can post the applications you’re building.

During your interviews, you’ll have an online reference to showcase your accomplishments. You can use your accomplishments to justify your salary requirements. Since most people don’t do this, you’ll have a higher chance of employers accepting your offer

5. Hide your salary requirements

Avoid giving you salary requirements early in the interview process.

But if you get asked early, deflect this question in a non-defensive manner. Explain to the employer that you’d like to understand your role better first. They’ll most likely agree with you; but if they don’t, give them a range.

The truth is great employers are more concerned about your skills and the value you bring to the company. They understand that a great employee is an investment, able to earn them more than their salary.

Remember that a job interview isn’t only for the employer, it’s also for you. If the employer is more interested in your salary requirements, this may not be a good sign. Use this question to gauge if the company you’re interviewing is worth working for.

6. Do just enough research

Research average salary compensation in your industry, then wing it.

Use tools like Glassdoor to research the average salary compensation for your industry. Then leverage LinkedIn’s company data that’s provided with its Pro membership. You can view a company’s employee growth and the total number of job openings.

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Use this information to make informed decisions when deciding on your salary requirements. But don’t limit yourself to the average salary range. Companies will usually pay you more for the value you have.

Big companies will often pay more than smaller ones.[3] Whatever your desired salary amount is, always ask for a higher amount. Employers will often reject your initial offer. In fact, offer a salary range that’ll give you and your employer enough room to negotiate.

7. Get compensated by your value

Asking for the salary you deserve is an art. On one end, you have to constantly invest in yourself to offer massive value. But this isn’t enough. You also have to become a great negotiator.

Imagine requesting a high salary and because you bring a lot of value, employers are willing to pay you this. Wouldn’t this be amazing?

Most settle for average because they’re not confident with what they have to offer. Most don’t invest in themselves because they’re not dedicated enough. But not you.

You know you deserve to get paid well, and you’re willing to put in the work. Yet, you won’t sacrifice your most important values over a higher salary.

The bottom line

You’ve got what it takes to succeed in your career. Invest in yourself, learn how to negotiate, and do research. The next time you’re asked about your salary requirements, you won’t fumble.

You’ll showcase your skills with confidence and get the salary you deserve. What’s holding you back now?

Featured photo credit: LinkedIn Sales Navigator via unsplash.com

Reference

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