Quick Car Buying Common Sense Guide

As they say, “buying a used car could be frustrating, and it is like buying someone’ else junk.” Well, that could be partly true if you lack the common sense in your purchase.

Between buying new cars and used ones, I’d always go for the latter. Why? Value depreciation of new car is faster than its o to 1 mile mark. The price of that new car you bought today is almost (+/-)15% less when you wake up in the morning. On the other hand, if you have the budget for it, then go for it. However, for young professionals like me, a good quality used car is the best alternative.

Here is a quick car buying common sense guide for those who prefer to buy used car:

• Your Car. Define or determine what type (make and model) of car you really want. At least list 3 of your best choices. This will lessen your frustrations when you started shopping for your ideal car. Write down the basic specs, your preferences.
  

• Your Car Reviews. Next, review your list by finding everything about your car. Read car reviews over the net or from car magazines. Compare specs and prices. Rewrite your list if you deem needed.
  

• Your Car Dealer. Then find a reliable and refutable used car reseller or dealer. You can easily decide on this if you have done no.2 above. Part of reviewing is finding and comparing offers from several dealership. You can start with MotorsToday’s web site.
  

• Your Car Finance. Then last but not the least, determine how you are going to acquire your car. My first choice after you’ve done 1 to 3 above, is start saving for that car , or prolly, you should have done that already before you decided on the purchase. If not, find a good car loan facility that will offer you a competitive price and interest rate.
  

There you go. Oh, lest I forget, before you take home that baby and make all the necessary payments, don’t forget to check the completeness of the documents, and please test drive the car will ya. ^^,