New cars might come with that fantastic new car smell, but they also come at a much higher cost. According to Kelley Blue Book, new car prices averaged $48,763 in December 2022. That’s why many people are keen on shopping for a used car to save money.
A used car can be just as good as a new one if you know the right way to buy. These 7 tips for buying a used car will help you find the right vehicle to fit your needs.
1. Shop at the Best Time
You should try to buy a used car when dealerships are hosting new model sales events. The used inventory will be larger thanks to vehicle trade-ins. The end of a model year is in September and October, making this another prime time to buy a used vehicle when dealerships want to make room on the lots. Weekdays at the end of any month can additionally translate to bigger savings.
2. Look at All the Factors
No one wants to buy a used car that is too old or has too many miles. You’ll probably want one that fits your budget. Don’t forget that you will want to drive this car for a while and that other relevant factors such as size, cargo space, and maintenance will all come into play.
3. Consider More Than the Price
There’s no doubt that an older car will cost less to buy. The drawback is that it will have more repair issues. You need to find a balance between the age of the vehicle, the mileage, and how much money you’re willing to spend. This may mean that you buy a used car that is a little newer with a higher price to save on making numerous costly repairs.
4. Get the Right Price on Your Used Vehicle
Know what average used car price is for the vehicle you want. You can compare similar vehicles by using appraisal tools to make sure you’re getting the best deal.
5. Check Out the Vehicle’s History
Before you buy a used car, check the history of that vehicle by looking up the VIN. You’ll see if it has had loads of repairs from a major accident.
6. Take a Test Drive
It’s always a good idea to take a used car for a test drive. You will be able to listen for strange noises and get a feel for how this vehicle handles on the road.
7. Know Where to Shop for a Used Car
Knowing where to buy a used car will help you avoid buying a lemon. Always go with a quality dealership because the used vehicles on the lots will be inspected. You can also add on a warranty and get financing.
An even better option is to use an auto broker. Silent Auto Broker puts all the inventory from the best dealerships in your local area in one place. This simplifies your used car buying experience to help you find the best quality car at the best quality price.
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