Summary
In this "In the Garage" podcast episode, guest Michael Chang discusses the common mistakes people make when buying a used car and how to avoid them. Michael, drawing from his personal experiences with cars like the RX-7 and Lotus Elise, shares valuable tips for first-time car buyers and enthusiasts. The conversation includes how to conduct thorough research before purchasing, to specific checks like compression tests, inspecting oil caps for milky residue (indicating a blown head gasket), and assessing the paint thickness to identify repainting and repairs. Michael emphasizes the importance of not getting carried away by a seemingly great deal and doing proper due diligence to avoid costly mistakes.
Episode Highlights
- Common mistakes in buying a used car.
- Importance of a compression test and other pre-purchase checks.
- Looking for signs of a blown head gasket.
- Checking paint thickness to identify repairs and repainting.
- The impact of track miles on a car’s condition.
- The risk of ignoring minor issues.
- The significance of service records and Carfax reports.
- Inspecting for signs of flooding and other hidden damages.
- Assessing wear and tear to estimate mileage accurately.
- The concept of a comprehensive checklist for car buying.
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