How to Buy a Used Car
If you are looking to buy a used car, you can find some good deals with private party sellers all right used car dealerships. Most big name dealerships like Chevy dealers or Honda will also offer a section of used cars. Because there are still so many choices, finding the right car can be difficult. Making sure you have the right vehicle to fit your needs is very important because it can be a little difficult to return a car, after you have bought it. Here are some tips to help you feel less overwhelmed before heading down to the Chevy dealership or somewhere similar.
- Set a budget
Before you decide on the car, you need to know how much you can afford. Generally speaking you shouldn’t take a loan for a car payment that is more than 20% of your net income. Keep in mind that used cars will need attention sooner than a new car so you may actually want to spend less than that.
- Make a list
Well there are some brands that are better known for used cars, you may find that they are out of your price range. Do some research and make sure you know which brand you want to buy. Try making a list of the three cars that best meet your needs and her within your budget. You can look up reviews for these cars as well in order to help you decide.
- Check the prices
Prices can vary by where you shop. For example at a Chevy dealership you may find that the cars are cheaper then at a Toyota dealership for various reasons. You can find out what an average cost of car is by researching on the Internet at reputable sites.
- Start in your area
The best thing to do is to start looking at locations that are close to you. Prices, features and mileage can change by the time you get home if the dealer is too far from you. You may also feel pressured to buy that day if you have traveled the number of hours to get to the dealership. You never want to impulse buy on a car.
- Check the history
Every car should have a vehicle history report. This is an important step to make it early on because the sooner you know mistakes that have been made with the car, the better. You don’t want to buy the car only to find out later that the odometer has been rolled back or that it actually has a salvage title. You can use the cars VIN number in order to get this information or sometimes you can use the license plate without ever even having to ask the original owner.
- Be in touch with the seller
If you see a car that you might like to buy, avoid rushing out to see it. Try and contact the seller first in order to establish a relationship and verify any information. This is a good time to ask any questions that you need to know the answers to. Often times by speaking with the seller, you will be able to find out things about the car that were not included in the ad.
- Always test drive
This is the best way to know if you were in the car are really going to get along. It’s also a good time to assess the condition of the car. Pay attention to the car and focus on the things that you want. If you don’t know a lot about cars then bring someone along that can listen and even drive it to tell you if it’s in good condition. This way you can focus on the comfort level of the car. This is a good time to check as well if the check engine light is on or if the brakes are starting to squeak. Most reputable places like a Chevy dealership or condos used cars will allow you to test drive a vehicle and bring someone along.
Finding out the return policy is always a good idea as well, in case you find something you didn’t notice before. If you complete all the steps and are happy with the car now you can begin to negotiate price, which is a whole different article.