Research, Test Drive, and Inspect a Used Car Consider the Certified Pre-Owned Car Option In this guide, we'll take you through the steps you should follow to find the right used car, secure affordable financing, pay a fair price, and minimize the chances that you'll get a vehicle that's unreliable, overpriced, or unsafe.įollowing these steps and car-buying tips should help you buy the best used car for a fair price: In the age of the coronavirus pandemic, there are even more steps you have to take to protect yourself and your family. Staying safe while purchasing a used car has always been somewhat of a concern. It’s more financially risky because you don’t have the safety net of a new car factory warranty.
Successfully buying a pre-owned car can be more complicated than buying a new car. But, choosing a vehicle with a good predicted reliability rating and low ownership costs can help you saa tremendous amount of money. There may be more maintenance required on a used car that's out of warranty, and its financing may be a bit more expensive. You pay far less than you would have if you had purchased the car new. When you buy a used car, the original owner absorbs the pain of its steep depreciation during its early years. When you buy a new car, the second you leave the dealer's lot, it starts to rapidly depreciate, losing a significant amount of its value in the first few years of ownership. The single easiest way to save money when buying a car is to purchase a used model instead of a new vehicle.
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