Things to Consider Before You Buy a Used Car

Cockeysville, MD: If you want to save some serious money, it is always recommended to do some homework before buying a new car. The decision to go for a new car should be done only after considering various factors like your driving habit, budget and for what purpose the car is going to be used. You could easily get a lot of information about various car models, options, costs, repair records, safety tests, and mileage either online or through books and magazines.

Before You Buy a Car

• Always carry an inspection checklist when you go to inspect a vehicle. A checklist could easily be obtained from magazines or websites that deals with used cars.
• Test-drive the car. Drive under various road conditions including hill, highways and traffics and see how the vehicle performs.
• Go through the car’s previous maintenance record from the owner or dealer.
• It is always a good idea to hire an experienced mechanic to inspect the car.
• Before negotiating, have a clear idea on the estimated value of the vehicle in the market.
• Check for reviews about the vehicle from previous owners regarding the frequency of repairs and maintenance required etc.

Payment Options

Users are generally provided with 2 payment options. Either pay in full or finance over time. Financing, obviously increases the total cost of the car as interest and other loan costs are also involved. You should also consider about the amount you will be required to pay monthly, the loan term and the Annual Percentage Rate (APR). Usually in case of used cars, the loan term is shorter and APR is higher than new cars.

The loan terms offered varies from dealer to dealer. So, check out other dealers too, compare offers and negotiate the best deal. One thing you should keep in mind is that lower price does not always guarantee you the best deal as the quality of the vehicle also has to be considered.

You should also be cautious about special offers, especially if you are a first time buyer or your credit isn’t great. They may sometimes require a big down payment and higher APR, which is not recommended. Even if you decide to sell your car before the loan period is over you might end up with lesser money than required to pay off your loan. So make sure that you are aware of the loan terms before buying the car from a dealer.

Resource Box

Don White's Timonium, a leading Chrysler Jeep Dodge Ram dealer in Cockeysville, has also been serving the areas nearby Baltimore, Parkville and Dundalk for years.

Learn more on best Jeep dealers in Baltimore Maryland and Maryland Chrysler car dealer. Please visit http://donwhites.com

Contact: Don White's Timonium Chrysler Jeep Dodge Ram 10300 York Road, Cockeysville, MD 21030 Sales: (888) 519-9532 Service: (888) 655-4042 Parts: (888) 765-2980 Social Media Links Twitter: https://twitter.com/DonWhites