When it comes time to buy your next car, don’t be fooled into thinking that you absolutely need to have a brand new vehicle. In fact, used cars can be an excellent investment if you know which models are the most reliable. With a little bit of research, you can make a great used car purchase that will last you for years to come.
First, it pays to understand what the best types of used cars are. To do that, you’ll need to consider a few different things. Most importantly, you’ll need to consider what your driving habits are. If you’re only using your car for a short commute to work and driving locally, you might not need something made within the last three years. You could also afford to purchase a car with higher mileage on it already. But if you need a vehicle that can handle more heavy-duty driving and higher mileage, you’ll need something that’s newer and that has very low mileage on it.
Next, you’ll want to think about how much money you’re willing to throw at maintenance and repairs. If you invest in an older used car, you’ll need to budget more money for maintenance and other repairs. Not willing to spend that much? Consider a newer model with lower mileage.