Know What You Can Afford

If you’re taking out a loan, always keep your monthly car payments under 20% of your take-home pay. Ensure that the 20% includes insurance, parking, tolls, maintenance, fuel, etc.

Make A Used Vehicle Target List

Make a list of three to five cars that fit your budget and meet your requirements. See if a Certified Pre-Owned vehicle can fit in your budget.

Price Check

Check used-car sections of new car dealerships, used car lots, online sellers, and private-party sellers. You’re likely to find that prices vary widely and can make an informed decision.

Search Cars In Your Area

Don’t go far away for a used car unless it’s rare, and you’re a collector. Save time by searching online and applying as many filters as possible to narrow down your options.

Vehicle History Report Check

Unless you can vouch for the owner and car personally, get a vehicle history report. All the vital details that you need to know about the car will be in it.

Contact The Seller

Once you see something you like, call the seller and confirm the details over the phone. Check if everything is for you to commit to go and see the car in person for a test drive.

Test-Drive

Arrange for a test-drive during daylight hours. Inspect every aspect of the car thoroughly and make detailed notes about its interior, exterior, engine, ride, features, etc. Check the service records too to ensure that the car has received regular maintenance.

Professional Inspection Time

Hire a reputed mechanic to inspect the car that interests you. Ask for a detailed inspection report in writing. The mechanic and their report will provide valuable information that could make or break the deal.

Negotiate

Once you have all the vital information and decide to go ahead, start negotiating for a price. Don’t go over budget, use the information you have to come to a fair price, and make a deal that works for you.

Complete the paperwork: Ensure you get all the legal paperwork like title and registration, insurance, etc. in place before you drive away. After that, celebrate and enjoy your car.