Tips for Buying a Used Car

Buying a used car can be scary – especially if you worry about being scammed. There’s nothing worse than seeing a car you like online, checking it out in person and making the purchase – only to realize the previous owner ‘forgot’ to mention some serious mechanical issues. Pretty discouraging to say the least. I have only ever purchased used cars, so I’ve learned a thing or two about getting the right bang for your buck and lucky for you, I’m going to share it!

1. The first step when buying a used vehicle is to determine your budget. It will narrow down your choices while searching the local area for deals, and you’ll be able to calculate your monthly payment if you decide to finance it. If you do plan on financing the vehicle, research your options! You may find that a loan from your bank will have a lower interest rate compared to the dealership or manufacturer.
2. Next, decide if you want to purchase a used vehicle from a dealership or a private owner.If you’re leaning towards a dealer, expect a bigger price tag. Used vehicles in their lot may include an extended warranty or service program, meaning these cars must be refurbished in order to meet warranty standards. Wondering where these cars came[…]

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