8 Things You Should Know Before Buying a Used Car
When you’re thinking about buying a used car, there are probably tons of things running through your mind. Is this the right choice for you? Would you be better off just buying a new car rather than chancing a used car? How can you be sure that the car will run well? These are all valid questions and ones that you definitely should be asking yourself before you shell out the cash for a used car. Keep reading down below, where we’re going to go through the top things you need to know before you buy that car.
- Research Plenty of Used Cars and Their Prices
The first thing you should be doing is looking at all of your options. There are probably tons of used car dealerships in your area, so it’s important to take the time to shop around and see what cars are available. Start a spreadsheet on your computer, where you can write down where you found the cars and if you found that same model for a lower price at another dealership. Never take the first offer that you get because you can most likely find a better bargain somewhere else.
- Consider the Financing Options
If you are not sure whether or not you can pay upfront for the car, then think about some financing options that you can take advantage of. Most likely, the used car dealership isn’t going to have a program in place. That means that it’s best to take out a loan from the bank that you are sure that you will be able to pay back in the future.
- Ask About Any Fees
Whether you’re buying from one of your friends or a dealership down the road, there are certain fees that come with getting a new car that you should take into account. These include taxes and documentation fees that are required by the government. Make sure to inquire about these before buying.
- Remember Car Insurance
And of course, you have got to get car insurance for your new baby. This is required by law, so you had better budget in how much this is going to cost before you decide to go out there and buy a used car. Insurance can get pretty expensive, so you want to make sure that you can pay it before you sign on the dotted line.
- Run A Report on The Vehicle’s History
You can easily go online to run a report on the vehicle’s history. This will tell you exactly where this car has been and what problems could have arisen from that. For example, if the car used to be owned near a beach somewhere, there could be some rust problems thanks to all of that sand and salt.
- Make Sure to Get the Car Inspected
The next thing that you’re going to want to do is to have the vehicle inspected. You could see if you can get an auto shop mechanic out to the used car dealership to check it out. However, it’s better to take the car into the shop so the underside can be checked out to see if everything is OK or if some new car parts are needed.
- Come Up with A Test Drive Checklist
If you are going to be test driving the used car, then it’s important to have a checklist with you that you can keep in mind. Be sure to write down how the car drives, if there any problems that you notice, or if there are any issues with the interior. Then, you can bring up these points with the salesperson.
- Remember That Negotiation Is Key Here
And don’t be afraid to negotiate with the price of the car! You’re not dealing with set prices here. There is always room to take down the price if there are problems that you noticed beforehand.
Each of these points are going to help you make the best decision regarding the new used car you want to buy. Make sure to keep them in mind while you’re in the buying process.