Great Used Car Buying Guidelines

April 28th, 2016 by

Great Guidelines for Buying a Used Car

 

If you’re reading this, it is probably because you have begun the adventure of buying a used car.

Woman in Milwaukee considering used car purchase

Congratulations!

 

I’m sure you know the obvious benefits of buying a used car, so I won’t bore you with those.

 

What I will tell you is a few helpful tips that will lead you to a successful used-car buying experience.

 

Buying a used car comes down to 3 important things:

 

  1. Your budget
  2. The car
  3. The dealerships

 

Without carefully thinking through each of these components, you could make some pretty big mistakes.

 

You absolutely have to set your budget before you even begin your search.

 

This is what is going to prevent you from falling in love with something you can’t afford.

 

Because that would not be fun.

 

Along with that, use online pricing guides to see what the experts have to say about the price of the cars you have in mind.

 

This will help negotiating the best price a much easier process.

 

You don’t want to pay more than you have to.

 

Negotiation comes from having a firm budget, and a solid knowledge of what the car is worth.

 

You are strong. Don’t give in to massive price tags if you don’t have to.

 

That being said, don’t give up on the car of your dreams without a fight!

 

When picking your car, make sure it fits all of your needs and specifications.

 

This large piece of metal on wheels is going to be a very important part of your life for a very long time.

 

You want to make sure you’re happy with it.

 

Do some homework.

 

Locate the used cars that are available in your area, and look at the vehicle history reports.

 

And, before you commit to anything, test drive that baby.

 

This is where you can learn everything about the car that may not be listed in the reports.

 

You can also get a better idea of how the car fits your personal needs.

 

A car may look perfect on paper, but you’ll never know until you drive it.

 

But if the car does pass all of the tests, it’s time to sign.

 

Yay! That’s the best part!

 

Even if you have a loan already in place, it doesn’t hurt to see what the dealer is going to offer you.

 

Remember, you want to walk out of there with the best car for the best price.

 

It’s like a strategy game.

 

You have to play your cards right in order to win.

 

Here’s my final word of advice: a dealer will most likely have several additional fees, most of which are designed specifically to get you to spend more money.

 

If you are unsure about a fee, and a finance manager cannot explain it, ask to have the fee removed.

 

I know it’s a lot, but like I said, this is all a game.

 

And with this tips, not only will you know how to play, you’ll know how to play to win.

Posted in Tips