Used Car Checklist
With the cost of new cars continuing to rise every year, buying a previously-owned (or used) car can often provide a bit of relief. New cars lose much of their value as soon as they're driven off the lot; so many people today see previously owned cars as a smart financial alternative. And thanks to advances in car manufacturing, used cars are better than ever and provide a great value.
If you're in the market for a used car, here's a checklist to consider when shopping for your car:
- List your needs and wants, and prioritize your list. (example: air conditioning, satellite radio).
- Determine how much you can afford. Consider the cost of maintaining your car.
- Narrow your selection by makes and models and research them.
- Research different options for purchasing your car (i.e. dealers, sellers,). Don't forget to check out CUDLautoSMART.com for a selection of thousands of cars.
- Know the fair market value. Visit Kelley Blue Book.
- Obtain Vehicle Identification Numbers (VINs) and research the vehicle histories. Visit CarFax for online vehicle history reports.
- Always test drive the cars you are considering. If possible have a mechanic check the car.
- If you feel hesitant, don't feel obligated to buy the car.
