First and foremost when looking to buy a used car, you should contemplate a few questions: Who are you buying it from? Can you trust them? Can you trust that the vehicle is in good, working order? Is it backed by a warranty or are you buying it as-is?
When you buy a vehicle from private individuals or out of the newspaper, many times you’re getting preexisting issues.
When purchasing from a reputable dealer, vehicles will have been reconditioned and are backed by a warranty—therefore, you have recourse if the vehicle breaks the day after you buy it. You’re not just stuck with it as-is.
Another important question to ask yourself is, Can I afford it? A lot of times people get excited about buying a new car and don’t realize what payments will be or how it will affect their budgets—and then they can’t afford to keep the vehicle after all.
Narrow down the price range that you want to be in along with the type of vehicle you’d like. That will shorten the buying process, especially if you want a crossover, sport utility or four-door sedan.
Research about the type of vehicle you want. Our professional buyers at Wheel City Auto Finance Centers dealerships are cautious about the types of used cars they purchase for us to re-sell. They stay away from stuff that’s really expensive to fix in case of mechanical breakdowns, such as BMW and Mercedes Benz.
I mean let’s face it—all vehicles are going to break at some point—that’s why manufacturers put warranties on brand new cars. The day after you drive a brand-new car off the lot, it becomes a used car.
Narrow your focus to what you’re looking for and the price range you’re looking at. From there, figure out a budget, do some research, and look at reviews about the vehicle you want to buy and figure out where you want to buy it. Then you’ll be better prepared and it will be a much quicker process.
Know who you’re buying from, make sure the vehicle’s backed by a warranty, and make sure you can afford the monthly payment within your budget.