We walk you through the steps a smart car buyer should take to remove intimidation from the process and end up with the best deal on the right used car.
Step 2: Set your car-buying budget Now that you’ve created your shortlist of potential car models, it’s time to figure out how much you’re willing and able to spend. How much should I spend on a used car? If you plan to buy a used car outright, most financial advisors recom...
Then you may want to consider buying the vehicle manufacturer’s warranty if it gives you peace of mind. For example, if you are buying a used Chevrolet at a Chevrolet dealership, ask if you can buy Chevy’s own extended warranty on that vehicle. Never buy an extended auto warranty from ...
Maintenance costs:A slightly older car may have higher maintenance costs, which is an important consideration if you have a limited household budget. Much of the maintenance associated with a new car will likely be under warranty. The bottom line ...
New cars are less likely to have mechanical problems early on. With a new car, you likely won't need to worry about any hidden mechanical problems in the first few years. And should something happen, the vehicle's warranty can help you pay for repairs and maintenance, reducing or even re...
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When buying used cars, you should always run a vehicle identification number (VIN) check. This report will tell you if there are any unresolved recalls out on the vehicle that you are considering buying. It will also include information on whether the car has been involved in any accidents,...
Unless the vehicle has a warranty or service contract, you are responsible for any issues it has after you buy it. Conclusion With these tips, you can find used cars focusing on your budget and specific needs. Also, going through ratings and reviews will help you find cars that are consume...
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000 miles. If you buy a certified pre-owned car from a dealer, then you’re likely to get a warranty that extends the manufacturer’s original warranty. (Certified pre-owned cars tend to be more expensive than other used cars, but they also ...