Compared to two or three decades ago, used car buying has never been better. Cars are more reliable and last longer than ever. However, that does not mean every used car is great. Here are a few used car buying tips to help you sort the good one from the bad and make sure you don’t overpay.
Know How Much You Can Afford
Monitor your finances for a few weeks, to determine what a reasonable monthly budget for a car would be. Don’t forget to include essential costs like fuel and insurance.
Buy Within Your Means
It might be a no-brainer, but force yourself to stick to the budget you set. If you need a versatile family hauler and are on a strict budget, avoid pursuing a shiny sports car that costs $5,000 more than your spending limit.
While you might have your heart set on a specific make and model, broaden your search to look at competing brands. You might be surprised to learn that you can get more features, better performance, or improved fuel efficiency for a cheaper price point simply by opting for a different nameplate.
Do Your Research
Once you have narrowed down your search to the top few models, do plenty of research. Read through online reviews and model forums to learn about potential problem areas, what typical repairs costs, performance issues, etc.
Consider Certified Pre-Owned
If you like new car features but not the new car price, a Certified Pre-Owned (CPO) car may be the right choice for you. These vehicles have gone through an extensive inspection and repair process; they also come with warranty coverage.
Get an Inspection
It’s wise to get a car inspected before you buy it. Ask a mechanic you trust to come with you to the dealership, or ask if you can drive the car out to him or her before committing to purchase it.
Stop by J.B.A. Mitsubishi to browse our inventory of CPO vehicles. We’ll help match you with a used vehicle that suits your preferences and sticks to your budget.