Do's and Dont's of Car Buying

The Do's and Don'ts of Car Buying

Buying a used car is a wonderful option for most people. It depreciates less quickly, is cheaper and you usually get a detailed history of the vehicle if you’re interested in purchasing it. And although it’s a great choice, it’s different in many ways from buying a new car. Check out the do’s and don’ts of buying a used car.

1. Do Know Your Needs

Since there are a variety of vehicle body styles to pick from with different features and amenities available, it can be hard to know where to begin in the used car buying process. But when you narrow down categories like how much cargo space, passenger seating or towing capacity you need, then you can start to figure out what vehicle is right for you.

2. Do Research

Once you've decided on the type of vehicle you want, make a list of your deal breakers in a used vehicle. Research various models and makes that give you all the amenities and features that you want.

3. Do Know How Much You Can Afford

Making a budget may be the most difficult part of the entire experience. You might have found the vehicle that fits you perfectly, but selecting one that you can afford can be difficult. When purchasing a new vehicle, it's recommended to put about 20 percent down, limit the term to no more than 60 months and keep your monthly payment below 10 percent of your income. Plus, you'll want to make sure you consider the cost of regular and unexpected maintenance. Some cars cost more than others.

4. Don't Trade In A Car That's Worth Less Than You Owe On It

Negative equity can be a huge burden. The balance of your old loan may be consolidated into the new car's loan amount, meaning you could be paying the debt of two cars in one, big loan. Get ahead by researching what your trade may be worth.

5. Don't Rush Your Test-Drive

Take your time with the test-drive to make sure you really enjoy the car and can get a feel for how it drives. Ask questions, play with the various features and look around the vehicle. Make sure the car has enough space for everything you need.

If you have any questions about what you need to do before buying a used car or would like to test-drive any used cars, please feel free to contact us or stop by at 540 New River Parkway, Hardeeville, SC 29927 for a test-drive today. We look forward to serving our customers from Hardeeville, SC, and throughout Beaufort and Hilton Head!

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