Opting for a used car over a new vehicle saves drivers money while still delivering that “new car” experience. However, buying a quality used car that lasts requires due diligence, including research, price comparisons, test drives, mileage history, and more tasks.
Don’t forget patience!
Take your time to make a careful, informed decision. Kickstart your buyer’s journey with this comprehensive guide.
Check the Car’s History
Used cars have a past. Therefore, every buyer must thoroughly investigate a vehicle’s history before buying it.
If you’re buying a used vehicle from a dealership, an associate will provide a car report. If you’re going through a private seller, you may have to purchase a car report from a service that provides vehicle data.
Check your car report for the following data or ask a seller or dealership associate:
The first data point is mileage.
Expect a used car to have a decent amount of mileage, considering most cars drive an average of 10,000 to 12,000 miles annually. If you’re going for a 5-year-old used vehicle, make sure the mileage range is between 50,000 and 60,000; the lower the better. Check the odometer to make sure the car is within an acceptable range.
A well-maintained car will have a lower-than-average mileage. A high mileage count may indicate the used car currently has wear and tear or had past issues with wear and tear. A car report will also detail the vehicle’s past history of repairs; likewise, a report will also reveal past maintenance service which indicates proper upkeep.
Two of the most important repairs to research are transmission and engine problems. These repairs cost the most. As a rule of thumb, avoid buying a used car with these issues in its past.
Test Drive a Used Car
Never buy a used vehicle without test-driving it first; this rule also applies to private sellers. Since this step is so crucial, you may find it easier to go through a hassle-free used car dealership in Duluth, instead. Dealerships also allow you to test drive more than one used car.
Test drive with a discerning eye!
First, assess the drivability, functionality, and overall comfort of the car. Does the car have good visibility? Do you feel you can drive the car confidently on the road?
This is the perfect time to check (and listen) for performance issues like:
- Noticeable vibrations
- Rattling
- Concerning noises
- Acceleration control issues
- Problems with braking
Inspect and test all of the car’s features, including windshield wipers, sound systems, lights, AC, turn signals, the control dashboard, and steering. If you buy from a dealership, you also enjoy the peace of mind of a professional inspection; certified pre-owned cars even go through an official inspection from the maker itself.
You can also have the car professionally inspected before committing to a final decision. A mechanic can check for oil and coolant leaks, safety issues, steering problems, transmission fluid, tire wear and tear, and more issues. A professional can also provide an expert opinion on past damage like previous car accidents.
A professional inspection will also reveal any issues with alignment and suspension. A used car must drive straight during the test drive.
The above issues are more likely to arise with a private sale. While some private sales may yield a lower price, you’re more likely to spend money on future repairs. You can also get a warranty on a used or certified pre-owned car from the dealership.
Set a Budget and Explore Financing Options
It helps to have a set budget in mind when searching for a used vehicle. This process starts by clarifying your goals for purchasing a car and your current income. Set reasonable goals, especially if you plan on receiving financing for your car.
Research market rates for your used car model of choice while considering the pros and cons of buying from a private seller versus a dealership. Conduct several price comparisons to gauge an average price.
If you’re considering financing, your local dealership may have options tailored to your needs, credit, and income bracket. You may also find loans through credit unions, local banks, and other financial institutions. Look for loans with low interest rates with good payback terms.
Make an Informed Decision Today
Drive that car off the lot with confidence!
Conduct as much research as possible, from price comparisons to car reports. Consider the peace of mind of buying through a dealership that performs professional used car inspections and sells CPO vehicles with trusted warranties.
Follow the blog to discover more sound advice for your next big purchase!
