What to Look for When Buying a Used Car?
When you'r preparing to buy a used car, be sure you look through the car's history, take it to your own mechanic for an inspection, buy from a private seller, and use Blue Book to do your homework on the price!
Published Feb 26, 2018
What to Look For When Buying a Used Car?
- Make sure you pull the entire history of the car though Carfax or Autocheck. If there is no history, walk away.
- Ask whomever you’re buying the car from to allow you to take it to your mechanic for a thorough inspection. Don’t just trust “it works great, we’ve checked it” promises.
- If possible, buy from a private seller and a car that had one or top two owners.
- Do your homework on the price. You can use Kelley Blue Book to understand what the car is really worth and what you should expect to pay for it. Print out the evaluation page and be ready to use it during price negotiations.
- Lastly, make sure the car has NEVER been totaled! If it has a “salvage” title will show up somewhere on the report.
Today's tip brought to you by Mvelopes and Money4Life Coaching.
Originally published March 09, 2018.
