How to Buy Cars Cheaply and Sell Them at a Profit

Even if you have a lot of other priorities for instance, sports, extracurricular activities, etc., still you need to complete a senior project to graduate successfullyHere's my list of what i look for when buying a cheap car.Check oil level (If it's low don't be too worried until you start the engine. When the car's warm, get the owner, or, a friend of yours to operate the accelerator peddle. You go around the back of the car and monitor the exhaust while the accelerator operator stabs the accelerator from idle to full about eight times. Two or three times they should hold the accelerator about halfway (mid revs) What you are watching for is oily smoke. If the exhaust is blowing excessive smoke out while under power just say thanks to the owner and walk away. You don't want this car no matter how cheap it is. This means it's burning oil through the piston rings. It's an old worn out engine. Don't buy. - - With the engine off and cooled down go over all the water hoses and engine belts. Have a look at there overall condition. If they all need replacing they can be expensive and take any profit you could have made out of buying a cheap car away.Turn the engine on and have a listen to the motor while it's idling. There shouldn't be any loud ticking noises. Get someone to rev it up halfway and listen again. Make sure it was running on all cylinders while been revved. If it was 'stuttering' on the way up the revs, that could mean that one of the spark plugs is failing or one of the spark plug leads. This isn't a bad sign and if this is correct the owner may be selling the car cheaply because he thinks the problem is worse. It may be. At this point get a mechanic to check the problem out if you are keen on the car and can buy it cheaply.Make sure there's no horrendous oil leaks. Reverse the car out from where it normally sits, whether it be in the owners garage or driveway. If it's got lots of fresh oil drops on the concrete surface, don't buy it. Oil drips can be expensive to repair.Check the transmission. For a car with automatic transmission, after turning the car on, then put it into Drive and see if there's any delay before it engages. Do the same for reverse. When shifting into reverse or drive it should be totally smooth and instant. If there's any hesitation or the car literally jumps when you shift the lever, then it's not a great transmission. This is just a worn transmission and depending on the hesitation time (shouldn't be longer than say one and a half seconds) the car may still be worth buying if its cheap enough. - best search site - Steering - With the engine turned on, check for play in the steering when you turn the wheel from side to side. Best to do this on a straight open road. While you're traveling straight you shouldn't have to correct the wheel all the time. It should just sit in - - a straight ahead position.Brakes - While you are out on the open road check how good the brakes are by coming to a fast stop. Make sure you haven't got a car riding in your trunk at the time and if the owner's next to you give him a warning before you brake - never a great time for friendly negotiation later if you've just buried the owner's head through the front windscreen. The car should stop absolutely in a straight line, especially if its equipped with ABS brakes. If it comes to a stop on a big scary angle this can be remedied reasonably cheaply. Could be still worth a buy.Rust - If you live in a dry State, rust shouldn't be an issue with buying a car but a State that sees four seasons, you'll want to check this out carefully. Some States put salt on the road to combat snow and you bet that this rots a car quicker than anything else. Have a good look underneath and around the inner guards on the car. The trunk floor can be a target so check that and the car sills. The sills run down the sides of the car beneath the doors. If it's got rust - Don't buy it. The reason is that rust can go into all sorts of - - areas that you wont even see it like the bulkhead. So the car can be rotting from the inside out. - -