The Right Way to Buy a Used Car

If you’re looking to buy a used car, you’re not alone. Many car buyers choose to buy a used car so they can save money. But, with so many choices out there, finding the right car can be a challenge. So, we’ve listed out all the steps you need to follow to buy the right used car.

  • Work out how much you can afford: Before you start car shopping, check how much you can afford to pay. If you are getting a loan, it’s best to ensure your monthly payment is not over 20% of your monthly income.
  • List out vehicles you like: Do some research and list out a few good used cars. Of course, cars like Toyota Camry and Honda Accord may cost a lot. But, you can look for comparable cars that are more affordable. 
  • Check the prices: Next, you’ll need to check and compare the prices of the cars you’ve shortlisted. 
  • Look for used car sales in your area: You can look for used cars that are on sale online, in the nearest car dealership, or used car lots. You can also try contacting private sellers. 
  • Get the vehicle history report: Once you find a few cars that seem like they are in good condition, get the vehicle history report. This will tell you if the vehicle has had any problems in the past. 
  • Inspect the vehicle: If the vehicle history report doesn’t bring up any issues, you can contact the seller and schedule a time to go and check out the car. When you do this, make sure to look out for any damages on the interior and exterior of the vehicle.
  • Test drive the car: If the car appears okay, you can then proceed to test driving it. Try to drive it at varying speeds and in peak traffic conditions and empty stretches of roads, so you can accurately assess the handling of the car. 
  • Get the car inspected: If you like the car, it’s a good idea to get it professionally inspected. 
  • Negotiate a good price: If you decide to go ahead with the purchase, you can negotiate for a good price with the seller. Make sure to decide ahead of time how much you are willing to spend on the car. 

Once this is done, you can sign the paperwork and bring your car home.