What’s the best way to find a used car?
You’re right of out of college, and money is tight. Perhaps a brand new car is on the horizon, but it’s not here yet for you. You may consider buying a used car, but how do you know if what you’re getting is actually worth the price, or even going to work? Follow these 4 tips to buying a good used car to save you the hassle of wasting time and money.
1. Your Budget
Generally, your car payment should not be more than 20 percent of your monthly net income. Avoid trying using your heart, and use your head. If you can, save money and try paying it off in one payment.
2. Online Research
Locating good cars online is not impossible, but it does require a bit of research. You can check pricing and get vehicle history that reveal any problems with the vehicle.
3. Locate Cars in Your Area
Search for cars in your budget as well as your area. You’d be surprised to find that even after setting some filters with price, make, and model there are still plenty of cars that are within your area. This will save on you having to ask your friend or family member to drive you over to the next state to check out a car you liked.
4. Test-Drive the Car
The person selling the car should let you test-drive it. This is important because you’ll have a feel for the car and be able to gauge whether it’s a good car or a complete lemon. Be sure to take the car to at least 65 mph to see if it can handle highway speeds.
Knowing the ins and outs of buying a used car can save you thousands of dollars. Equally, purchasing the right car insurance can do the same. Contact the independent insurance professionals at Fox Insurance Agency in Beaverton, Oregon for all of your insurance needs.