3 Tips for Buying a Used Car

If you've been researching purchasing a used car, odds are you're not the only one. Statistics show that approximately forty-million used cars are bought, sold or traded every year. This only goes to show that there are a number of car options to choose from. Here are a few helpful tips to get you started.

Shop Within Your Budget

Before you go shopping for your used car, it's a good idea to know what your budget will be. Have you been saving for a single payment? Will you be making payments in installments? Will you take out a loan? Experts say that a car payment shouldn't be more than twenty-percent of what you bring home. Once you know your budget, your sales agent can help you find affordable options to fit your needs.

Many people may have a favorite option when shopping for their used car, but often times there are other models that can fit the same criteria. It's a good idea to sit down and go over what you want in a car and make a list of several that will work for you. If your local used cars dealership doesn't have your first choice, they may have your second or third. It's a good idea to keep an open mind when shopping so that you can see that great deal when it comes your way.

Many dealerships offer history reports on the cars they sell. This is a great tool for you to use when deciding which car to purchase. With a history report you can view the use history and in some cases repairs you might want to be aware of.

Keeping these tips in mind while you shop may make your shopping experience better. Select options with the ratings and price the best fit your needs, and don't be afraid to ask about the car's history. Your local used cars dealership will be happy to help you find the vehicle right for you.