GUIDE: Tips to Buy a Used Car
Shopping for a used car can be a lengthy and confusing process but we can assure you that the reward is always worth it! The internet can be a very useful tool to help you find your way to the perfect car for your needs and many amazing deals to help with your budget. Here’s a list of all the steps you should take to make your used car buying process an easy one:
Set a Budget
Buying a car comes with many additional costs like registration, insurance, possible future repairs, and more. You can either pay cash upfront or take out a loan.
The majority of the people end up taking out a loan in order to protect their savings. It helps simplify the entire process and is good for your credit score! You can use auto loan calculators to find loan options that are the best fit for you.
Choose the Right Car
This is the fun part! When checking out different cars, ask yourself some questions like: Do you need a family car? Do you need a lot of cargo capacity? Do you plan on taking long trips or will this car be used mostly for daily commutes? These questions will help you choose between an SUV, a sedan, or a hatchback.
Find a Used Car Marketplace
You can easily find used cars for sale on the internet. However, if you’d like to check the cars out physically, you can visit any used car dealership in your neighborhood.
Reach out To the Seller
Once you decide which car you want to go ahead with, you can contact the seller for more details. Here are some basic questions for you to ask the seller:
– Can you have a look at the service records?
– Are they the first owner of the car?
– How did they land on the asking price?
– When was the car last taken to a maintenance or service center?
Test Drive the Car
Speak to the owner and set up a date for a test drive. It is advisable to physically drive the car before you buy it. You can also call a mechanic for a quick check-up.
Negotiate
After you check all the boxes, it comes down to the negotiation. If you aren’t comfortable with the asking price, you can always approach the seller with a counter offer.