Here are seven things you need to do before buying a used car.
- Define what you want and do your research.
- Set your budget.
- Consider all of your financing options.
- Run a Carfax report.
- Do a test drive.
- Get the car inspected.
- Be prepared to walk away.
What used cars NOT to buy?
30 Used Cars Consumer Reports Gave the ‘Never Buy’ Label
- Chrysler Town & Country. Chrysler’s new minivan will hopefully rate better than Town & Country.
- BMW X5. 2012 BMW X5 | BMW.
- Ford Fiesta. Compact cars by Ford had a bad run between 20 | Ford.
- Ram 1500. 2015 Ram 1500 | Ram.
- Volkswagen Jetta. VW Jetta | Volkswagen.
- Cadillac Escalade.
- Audi Q7.
- Fiat 500.
What mileage is good for a used car?
You should consider the current mileage when purchasing a used car. Of course, the fewer miles it has been driven, the better. An average of 12,000 miles per year is considered the norm. Of course, some cars are driven less than that, but many are driven much more due to long commuting distance.
What are the factors to consider when buying a car?
Top 5 Factors When Buying A New Car
- Residual Value. The residual, or resale value of a car is the value of the vehicle as it depreciates with time.
- Cost of Ownership. When buying a new car, it’s vital to consider additional ownership costs.
- Features and Technology.
- Incentives and Trade-ins.
- Price and Financing.
Photo in the article by “Car Talk”