We all know the number one reason to buying a used car instead of a new one is the relatively low price point attached. But, if not done correctly, purchasing a used car can actually cost you more money than buying a new one. With this is mind, there are tools out there to help you on your used car search journey, helping you find a car that will fit your needs and your budget. Below are a few tips for the process of buying a used car.
1. Determine how much to spend
To pay for a used car you can either pay cash or take out a loan. A lot of people take out a loan to protect savings and buy a newer model. You’ll also want to consider total cost of ownership, factoring not only the upfront cost of the car but future costs such as maintenance, repairs, insurance, and depreciation.
2. Find good used cars
There are many websites that list used cars. Some of the more popular ones include: Autolist, Autotrader, and Used Car Search Pro. These websites compile listings from dealerships and online retailers and connect you with the seller. Other websites where you can complete the purchase of your car online include CarMax, Carvana, and Vroom. The third way to find a used car is through a traditional private-party seller.
3. Price the cars and get a vehicle history report
Once you find potential options in your area, you should use a car pricing guide such as Kelley Blue Book. You can use that price to negotiate effectively. Make sure to look at the descriptions of the condition levels and match it with the correct pricing guide. Vehicle history reports give the buyer all kinds of information about the car, including its past, title information, past owners and more. It is a good idea to obtain one prior to purchase.
4. Test-drive and make purchase
Car shoppers should always test-drive a car before buying it as it will alert you of any potential problems the vehicle might have. You should check the important car parts such as the engine, oil pressure, brakes, and airbag. You should also listen for any unusual noises or vibrations. Once everything checks out, you can begin to negotiate a price with the seller.
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Are you looking to get rid of your car? You Call We Haul buy cars in any condition, regardless of age or model. You Call We Haul gets you the very best bid for your old or unwanted car. With our cash for cars service, you don’t just take the first bid available. We help you sell your old car by bidding it through our website. Don’t just take one offer, we can get you multiple offers on your vehicle. No other company or website can get you more money for your old car. Our nationwide network of buyers will place live bids on your car!
Junk or sell your car online for cash by going online or calling us at 866-771-5865![/column]