So you’re in the market for a vehicle, but will it be new or used? While there are advantages to both, buying used makes a lot of sense from a financial standpoint for many people. However, you need to know what you’re doing as you’re searching for a used vehicle. So check out this list of do’s and don’ts that we’ve compiled for our customers.
It can be hard to know where to begin when it comes to used car shopping. But when you narrow down categories that you want in your vehicle like cargo space, passenger seating or towing capacity, then you can start to decide what type of vehicle is right for you.
Once you've determined the type of vehicle you want, make a list of your deal breakers in a used vehicle. Research various models and makes that give you all the benefits and features that you want.
Making a budget can be the most difficult part of the whole experience. When purchasing a new vehicle, it's suggested to put about 20 percent down, restrict the term to no more than 60 months and keep your monthly payment below 10 percent of your income. Additionally, you'll want to be sure that you review the cost of regular and unexpected maintenance. Some cars cost more than others.
Negative equity can sometimes be a huge burden. The balance of your previous loan could be consolidated into the new car's loan amount, equalling that you could be paying the debt of two cars in one loan. Get ahead by researching what your trade may be worth.
Take your time with the test-drive to ensure you actually enjoy driving the vehicle and can get a sense of how it drives. Ask any questions you might have, play with the various features and take a look around the vehicle. Be sure that the car has enough room for everything you need.
If you have any questions about what you need to do before buying a used car or would like to test-drive any used cars, please feel free to contact us or stop by our dealership at 1105 Buford Road, Cumming, GA 30041 for a test-drive. We look forward to serving our customers from Cumming, GA, and throughout Alpharetta, Atlanta and Forsyth County.Shop Now