What To Look For When Buying a Used Van

Determine Your Needs

Before diving into the market, it's crucial to understand why you need a van and what purpose it will serve. Here are some questions to help you clarify your requirements:

1. Why do you need a van?
2. What will be the primary use of the van?
3. Is it for transporting goods?
4. Do you need it for family trips or as a large family vehicle?
5. Can a large car serve the same purpose?

Understanding your needs will help you decide whether a van is the right choice for you. Keep in mind that vans generally have higher costs than cars, from the initial purchase price to fuel economy.

Research and Learn

Once you've determined that a van is necessary, it's time to gather information. Here are some steps to follow:

1. Learn about different van models: There are numerous resources available online that provide detailed information about various van models, both new and used. Websites like Edmunds and Kelley Blue Book offer comprehensive reviews and comparisons.
2. Compare features: Even if you're looking for a used van, understanding the features of new models can help you make informed comparisons.
3. Check prices: Knowing the price of new vans will give you a benchmark for evaluating used van prices. This will help you set a realistic budget.

Budgeting and Financing

Understanding the cost of a new van can help you set a budget for a used one. Here are some factors to consider:

• Condition of the van: The price of a used van will vary based on its condition, mileage, and age.
• Financing options: If you need a loan, research the terms and conditions of cargo loans. Websites like Bankrate can provide valuable information on loan options and interest rates.

Finding the Right Van

When you're ready to start looking for a van, you have two main options: van dealers and private sellers. Here are some tips for each:

Van Dealers

• Reputable websites: Many dealers have websites where you can browse their inventory. For example, Ford's official website lists used vans like the Ford Transit.
• Specifications: Use the search filters to find vans that meet your specific requirements.

Private Sellers

• User history: Obtain the van's history, including usage, wear and tear, repair history, and mileage. This information will help you negotiate a fair price.
• Price quotes: Bring a printout of price quotes for the model you're interested in to aid in negotiations.

Test Drive and Inspection

Never finalize a purchase without a thorough test drive and inspection. Here are some key aspects to check:

• Brakes: Ensure they are responsive and in good condition.
• Tires: Check for even wear and sufficient tread depth.
• Gearbox and engine: Listen for unusual noises and ensure smooth operation.
• Mileage: Verify that the mileage is consistent with the van's age and condition.

Paperwork and Final Steps

Once you're satisfied with the van's condition, it's time to handle the paperwork. Make sure all documents are in order before signing the final agreement. This includes:

• Title transfer: Ensure the title is clear and can be transferred to your name.
• Bill of sale: This document should include the sale price, vehicle details, and both parties' signatures.
• Vehicle history report: Obtain a report from a service like Carfax to check for any hidden issues.

Interesting Stats

• Depreciation: Vans typically depreciate by 15-20% per year in the first few years. This means you can often find a used van in good condition for a significantly lower price than a new one (source).
• Fuel Economy: Modern vans have improved fuel efficiency, with some models offering up to 30 miles per gallon (source).

By following these steps and considering these factors, you can make a well-informed decision when buying a used van. Happy hunting!