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Determine Your Budget. Step No. 1, when buying a used car, is the same as the starting point for buying a new car — or buying anything, for that matter: Find out what you can afford.
When buying a used car privately, carefully check the details and photos in the listing. Identify the areas you want to inspect in person and create a checklist of potential issues to ask about.
Buying used is a great way to get behind the wheel of a vehicle without the steep cost of the current year’s models. And as vehicle prices have reached new heights over the past few months due ...
As Consumer Affairs notes, devoting 35% of your gross annual income to buying a car and putting down 15% of the price as a down payment are reasonable spending goals. That’s not a small sum when ...
A pre-purchase inspection is an independent, third-party professional service that evaluates a vehicle’s condition before a purchase offer is made.Consumer protection organizations such as the Federal Trade Commission, [1] the American Bar Association, [2] insurance companies, and states recommend an independent pre-purchase inspection.
During a used car inspection, Douglas highly recommends checking under the car’s hood for any warning signs. Pay close attention to the engine and any signs of leaks, cracks, rust, smoke or ...
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