Financial

4 Tips For Buying A Used Car

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used car
Don Adriano
Written by Don Adriano
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When it comes to choosing the right vehicle, you will want to select one that is reliable and affordable. This will help you feel confident it will take you where you need to go. It’s a great idea to purchase a used car rather than a new one to save money if you are just starting on your financial journey. Here are 4 tips you can use before buying a used car.

Check The History

Most cars will have a Carfax that you can review before making a final decision. This would list the past owners of the car if there were more than one. This information will also tell you if the car has been involved in an accident and if so, a number of repairs it may have needed.

You can get a lot of information from this one report that may help determine if you should follow through with the purchase or not.

Check The Odometer

It’s important to look at the number of miles on the car before you decide to purchase it or not. This will allow you to know how much it has been driven, and it’s typical that a car with fewer miles may be in better condition than one with a lot.

The dealership you purchase the car from is legally required to keep this information accurate, so this should give you an added peace of mind.

Check The Price

You will want to be sure you know the exact price of the used car you’re going to purchase. This should be listed on the side of the car, or you may need to ask the salesperson what it is.

It’s a good idea to negotiate the price and work to get it lowered as much as you can. This can help you get the best deal and also will allow you to have lower monthly payments in the process.

Be sure to look at the value of the car online to determine if the asking price is in the range of what it should actually be beforehand.

Check The Warranty

Many used cars come with a warranty, and even though it may on be for 90 days or less, you can increase it. Most dealerships will offer you extended warranties at various prices and work to choose the one that is closest to your price range is ideal.

Be sure to look at the various packages before making a selection. This will allow you to save money and have a warranty that will last longer. Regardless of the condition of the car, you will want to do all you can to ensure repairs are made as necessary without an additional cost to you.

Buying a used car may certainly be in your best interest and doesn’t have to be as difficult as many people think it is. Simply have a plan in mind and do your research in advance to help you get the best possible deal and a car that will last for a long time!

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About the author

Don Adriano

Don Adriano

Founder & CEO of Freelionaire
Life Coach, Entrepreneur, Investor, Author, Speaker and Mentor

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