Having a new car is everyone’s dream. However, buying it can be heavy on the wallet. If you’re on a budget, you can consider used cars instead. You’ll be able to save more and have the same satisfaction of owning a new auto. Here are some tips on how you can shop for used vehicles.
Determine Your Budget
It’s crucial to calculate how much you can afford to spend monthly on car financing. You’ll also need to consider the costs of auto insurance, repairs, fuel, parking, and other factors that can add to financing a pre-owned car.
To determine the loan you can afford, consider using an auto loan calculator. This way, you’ll have an overview of how much you’re going to pay for the car annually. Make sure that the total costs of your monthly car expenses won’t exceed 20% of your salary.
Find the Right Vehicle
After calculating your budget, pick a car you can afford. However, it can be challenging to find an auto that has low mileage, is properly serviced, and still in good shape. You’ll also need to research and evaluate if the pre-owned vehicle is worth your money.
For example, you’ll need to consider whether the used vehicle you’re going to buy is for your family or only for you. Also, aside from size and performance, factor in fuel economy and safety ratings to your search. Then, narrow down your list before going to a car dealership.
Decide Where to Buy
There are many car dealerships that sell pre-owned vehicles. But before going to one, find out more about the dealership. Check their services on their website and how they handled former clients through reviews and testimonials.
Schedule a Test Drive
Once you’ve decided where to purchase a car, contact the seller or sales agent to schedule a test drive. This way, you’ll be able to assess the condition and performance of your preferred vehicle.
Choose a test route similar to your commute. Consider the hills, curves, rough pavements, or a stretch of highways you may drive through. When driving, turn off the radio so you can hear if there are any unusual sounds in the engine, transmission, doors, windows, and sunroof. Test the brakes and check for any strange vibrations as well.
Close the Deal
When the test drive is complete and there are no issues, you can now negotiate with the dealer. Be firm but polite during the process. Once you’ve agreed to a price, the sales agent will prepare the purchase documents. Make sure that you understand them and the information is complete before signing.
Get Your Dream Car Today!
When car shopping, visit Junge Automotive Group. You can find high-quality new and used cars in our showroom. Our experienced sales staff can also make the car-buying process simple and hassle-free! Call us today to learn more!