These are some of the questions to ask before buying a used car. Some of these questions are taken out of our questionnaire we mentioned in Step 1.
1. What is your monthly budget for a car?
If the monthly budget is low, consider a cheap used car below $10,000. If budget is not the concern and you are willing to pay anything to get the car you want, you may reconsider buying a new one rather than used.
2. How many miles you will drive it in a year?
A used car could …

There is no perfect used car because no one will buy a new car, keep it in the garage, and then sell it. Therefore, inspection is an inevitable process. You can either bring a mechanic or a trusted friend who knows about cars to inspect it. A good used car inspection usually costs between $40 and $100. You can learn some of the basic inspection and check the car yourself before bringing a lemon to an experienced mechanic.
As we mentioned in Step 7, a vehicle history report is indeed important. …

Let’s say a 2012 Toyota Camry is selling at $23,000 and you have the cash in hand. Is it worth to buy a car with cash? This very much depends on the interest rates, your cash portfolio, your income, and also your liking. The new car interest rates and ROI (Return On Investment) rates play an important role in answering this question. If the loan interest rate is much higher than the savings interest rate, yes you may consider buying it with cash, otherwise, considering buy it with loan and …

If you have gone through Step 1 until Step 5, you should already have a car you want to buy in mind. You may refer to Step 7 if your decision is to buy a used car. Buy a new car may sound like walk into a show room, test drive, and make payment. That is wrong! There are several new car buying tips you need to know as a savvy shopper to get the best new car deal in your town. Here we share with you step by step …