If you’re on the market for a new car, one of your best options is to search through used vehicles. While they may already have some mileage, if you find a high quality used car, you may not only score a great deal, but also you can have a long-lasting car.
Buying a used car can be a challenge, but if you keep some expert tips in mind, you can take the guesswork out of the experience, and make a great investment in your next car.
5 Tips for Expert Car Buying
Most buyers are used to the idea of having to haggle salespeople and go through tons of “lemons” before finding the perfect car. Luckily, with a few expert tips, you can avoid the hassle and find the perfect car for you.
1. Know Your Budget
If you’re buying a used car, chances are you’re looking for a good deal. The best way to find a quality deal is knowing what you can afford. There are plenty of easy ways to set a budget, but it all starts with how much you can afford. A lot goes into buying a car including your credit, how much money you have down, and where you plan on getting your financing. Once you know the answer to these questions, setting a hard budget can make choosing a used vehicle that much easier.
2. Get What You Need
While we would all love to have the used BMW, it may not be what we need. Use your needs as a way to weed out vehicles. If you need a lot of storage space, the last thing you want to get is a coupe. Some things to consider is what you’ll be using the car for, what distances you plan on driving, how much maintenance the car requires, and what the resale value is. Getting a car you need vs. a car you want is the perfect way to make a quality decision.
3. Find Your Car
There’s a ton of different ways to find used cars nowadays. You can easily go to a reputable dealership, or you can find used cars online. Car shopping online takes a little more finesse, because more often than not, these cars are available from private owners, or smaller dealerships, which do not offer the same transparency when buying.
4. Test Drive and Inspections
Once you find your car, the next thing to do is see it. A test drive is the perfect way to get a feel for the car, and to determine whether it’s a good fit for you. Look at the comfort, acceleration, turning radius, and ease of maneuverability while driving. Be sure to hit the brakes as well to make sure everything is working. Once the test drive is over, pop the hood for a closer look. Even if you don’t know what exactly you’re looking for, pay attention to the look of the motor, and keep an eye out for oil leaks or rust.
5. Set Your Price
Before you go and test drive a car, you should have a good idea on the price. Once you have a price, you can compare it to the Kelly Blue Books value and see if there is any room for haggling or negotiations. This can be a challenging aspect of the process, but it’s also a great way to save money.
Keep these five tips in mind the next time you go shopping for a used car. You could score the deal of a lifetime on a quality vehicle.
Why Buy Used Cars?
A new car may seem like a great purchase, but did you know they lose value the moment you drive them off the lot? Buying a used car is a great way to save money, while still getting a long-lasting vehicle. Best of all, many used vehicles generally come with showroom specials, which means you may be getting a car with plenty of technology, but because of its mileage, it doesn’t go for top dollar. Lastly, another great reason to buy used is because of the warranty. With some dealerships, a used car can get a whole new warranty that may cover future repairs and maintenance.
Where to Find Quality Used Cars
Finding used cars online may seem like your best bet, but there are some places that specialize in used cars; good choices include CarMax and TrueCar. Both dealerships are built like traditional showrooms and offer a ton of different makes and models. Without combing through online ads, you can easily find five vehicles that are within your price range in one location.
Also, because CarMax and TrueCar are larger companies, they offer financing options, which can make the entire process of purchasing a used vehicle that much easier. On your next used car search, be sure to start here.