Survey shows that there are nearly 40 million used cars that are sold each year in the US. Due to the fact that there are a variety of used cars in the market, choosing the right one for you can be very challenging. There are, however, shopping advice team online, which can provide you assistance in terms of giving helpful tips for you to consider. Here are tips that can help you in your endeavor to search for the right used car.
An affordable budget must first be determined in order for you to limit your search for used cars and just focus on which cars fall under your budget. Budgeting includes the additional expenses for maintenance, knowing beforehand that you’re buying a used car and the mileage it has gone through adds up to the depreciation value of the car, as well as fuel and insurance costs. If you’re taking a loan to pay for your car, the rule of thumb is that your car payment should not be more than 20% of your take-home pay.
So you cannot be burdened with so many used cars to search, limit your choice by just targeting to at least three brand cars, which are reputed to have good maneuvering system, good material construction, and reliability and which have price ranges that fall into your budget. When you have chosen a used car that is less than 5 years, find out if it is supported by a CPO (certified pre-owned) warranty, which is a warranty provided by the car manufacturer and not from the car dealer. Following this helps to assure you that you are buying a quality car of a reputable car maker.
Why not learn more about Dealers?
There are factors that contribute in pricing a used car and they are: location and CPO warranty. Used cars can be found in new car dealership display lot, independent used car lots, and used car retailers, of which prices of the same brand car and model may vary, such that the used car retailers offer the lowest selling price.
Knowing the history of the car can guide you to decide if you should buy the car or not. To secure vital information of a used car’s vehicle history report, AutoCheck and Carfax can provide you these, including reports if the car’s odometer has been rolled back or that the car has been declared a total loss by the insurance company.
It may not be enough to just rely on the car’s history, the best way is to get in touch with seller and find out from him/her as to the condition of the car, as there might be additional information which the seller can let you know which could be a factor in your decision to buy the car or not.
As much as possible, get hold of an experienced mechanic to check on the used car, so that whatever is his evaluation should be a basis in your decision to buy the car or not.
Allow you and the mechanic to test-drive the car, so you can have an idea if this is the right car and model for you and if it is in a good condition.