How to Plan to Buy a Used Car

Perhaps you are in the market for used cars in Edmonton? If you are ready to begin shopping for your next vehicle there are some things that you can do to make the process easier and help you find the car that you need. Buying a car can take patience and insight, so prepare yourself in advance and know what to look for and know what you can afford to spend.

Outline A Budget

One of the first things you should do before you begin looking for a vehicle is to outline what you can afford to spend. If you are planning on financing you need to consider the amount you can put down on the vehicle, as well as what you can afford for a monthly payment. Avoid spending more than you can comfortably afford to avoid debt and possible negative impacts on your credit. Add up all your monthly cost and then determine what amount you have left after bills. Approximately half of the leftover amount, or 15% of your total budget, pays for your car or truck. A great way to stay on budget is to buy an older model vehicle with low miles. Despite age, if the vehicle is in good shape and has not had any serious issues, it gives you the chance to avoid spending more than necessary.

Car History

Knowing the car’s history is a great way to determine if it is a good fit for your needs. If you have reliability in mind, you can see from the CarFax report if there were serious mechanical issues or wrecks. Ask for maintenance records to help you determine if it received regular service. There are a large variety of used cars Edmonton so it is important to carefully sort through all the options that fit your desires. If dealing with an individual you should have the vehicle checked out by a local mechanic that you trust before you commit to buying it. If dealing with a car dealership you can request the in-house maintenance records to verify that the car received proper inspection and is ready to drive. If you can get a warranty on the used vehicle that is a big bonus. The warranties for a used vehicle are shorter than new vehicles and range anywhere from one month to six months on average.

Dealerships

Dealerships are usually the safest route to take when buying used cars Edmonton. They give more detailed information regarding the vehicle and its history which eliminates the guesswork that occurs when dealing with a private seller. Check out your local used car dealerships and make an appointment for a test drive to help determine if the car you consider suits you. They can help you select a model that you will love to call your own.

Searching for a used vehicle can be time-consuming and full of guesswork. Before you begin looking, know what type of vehicle you like and have a budget outlined to guide your decision.

1) http://www.dmv.org/how-to-guides/budgeting-purchase.php

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