Used Cars

[kandrathe]

So, be sure to have the whole car checked out, not just the engine.

I usually don't watch the show "Flip this house", but I flipped by it the other day. A young couple had bought a fix'r up'r and omitted the $400 full home inspection, and opted only for the cheaper pest inspection. The home ended up to be riddled with dry rot everywhere, and they ended up spending an unplanned $15,000 for repairs, including replacing major joists. They had hoped for a $60K profit, but after 2 months of work they just broke even and lost their sweat equity.

Anyway, the moral of the story, which you full well know, is that if you are not the expert, then it is well worth hiring an expert to give things a once over, or I've seen sellers desperate enough to sign a limited warranty on the home for a short period of time they will arrange to fix anything that is amiss. Many states have laws which require full disclosure of any known defects, but that is pretty hard to prove if you don't find it for awhile.