Moneywise On Oneplace.com

7 Steps for Buying a Used Car

Informações:

Sinopsis

According to the car shopping site iSeeCars.com, used car prices have jumped 41% over the past several years! Here are some tips to take the edge off of that sticker shock.  OUR 7 TIPS FOR BUYING A USED CAR: 1. Establish Your Budget: Determine how much you can afford, whether paying in cash or financing, ensuring the payments fit within your budget. Aim for a down payment of 10-20% and keep the loan term as short as possible, ideally three years.2. Choose the Right Make and Model: Consider your family size, cargo space needs, safety, and vehicle reliability, and be open to having two or three options.3. Research Vehicle Value: Use Kelley Blue Book or Edmunds to estimate the value of your chosen vehicles.4. Search Online Listings: Look for fairly priced vehicles on Auto Trader, Craigslist, AutoList, and Carmax, creating a list of potential options.5. Obtain Vehicle History: Contact the seller for the VIN to check the vehicle's history on CarFax or AutoCheck, ensuring a clean title, no serious accidents, and ve