Useful tips for finding good used cars

Are you looking for second hand cars? If yes, you are certainly not alone. Between dealership sales and private-party sales, nearly 30 million used cars are sold every year. You will have so many choices to pick from. This is why the process of choosing a perfect used car can be a very big challenge. Here are few steps to help you find and buy second hand cars. So, let’s get started.

#1 Your Budget

As a golden thumb rule, you should be clear with how much you can afford. Are you planning to take a car loan? Regardless of how you intend to pay for the used car, it should not be 20% more than your monthly income. When you stick to a strict budget, you will spend very little money. Always remember that used cars need a little more attention: periodic maintenance, new tires and many more fixes.

#2 Your Options

There is no doubt that Toyota Camry and Honda Accord are great second hand options. However, these cars are likely to cost you few more thousands than Kia Optima or Ford Fusion. If you want to save money, you must consider several brands. Make a target list of cars. In case you have planned to buy cars that are 5+ years old, you should find a certified pre-owned one. CPO vehicles come with very long warranties. These cars are strongly backed by the car maker.

#3 The Price

“Price” plays a very important role when you look for second hand cars. According to a recent study, private-party cars are believed to have very low selling prices. CPO vehicles will be a little more expensive. Browse through the internet and figure out the average price of good used cars in your region.

#4 The Internet

A great place to build your target used cars list would be the internet. Before you finalize on options, you must filter search results based on the car’s odometer, features, price and the seller’s actual distance from you.

#5 Verification

Unless you buy a used car from a family member or a dear friend, you should plan and get the vehicle history report. This step has to be completed at an earlier stage. If the car has a very bad history report, you must opt for other choices. Vital information of whether the car’s odometer was rolled back or if it’s title is salvaged must be verified. You can use the car’s registration number to get all this information.

#6 Contacting the Seller

Once you come across a perfect car, don’t rush to see it. Contact the seller or dealer first. This will establish a relationship between you and the seller. Next, gather information about the vehicle. If the car is sold by a private seller, ask them about why they are selling the car. If the car is sold by a dealer, a text or call will help you ensure if the car is still available. A lot of buyers are tempted to negotiate before they have seen the vehicle, it is always better to wait! Once you take a good look at the car, you should make an offer.

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