Whether you’re buying a certified previously-owned vehicle, a classic ride or something that’s been around the block a few times, check out these 6 tips on how to buy a used car to help get the best deal:
#1 Set a Budget
Determine how much you can afford for a down payment, monthly loan payments, insurance and the cost to upkeep your vehicle. Calculate the true cost of ownership before looking for your next vehicle.
#2 Before You Buy a Used Car Read Up On It
Make an educated decision by checking out the pros and cons of various makes and models before shopping. Some vehicles get great gas mileage, while others are known for their safety features or reliability over time.
#3 Get Pre-Approved
Before shopping get pre-approved with a low DuPage Credit Union auto financing rate. Our Team of friendly and knowledgeable loan officers is here to assist you and help you save money – it’s just a few of the reasons why over 150 Members have given them 5-Star reviews. Don’t take our word, check them out for yourself.
#4 Check the Car’s History Before You Buy a Used Car
Download a detailed report before buying it. It’s important to know if you’re buying a pristine gem, a lemon or a vehicle that has been in a few fender-benders.
#5 Get the Best Price
Do your homework before negotiating. Check out the car’s value online at sites like Kelly Blue Book® or Edmunds® to ensure the price is right.
#6 Take It Out for a Spin
Whether you’re buying a classic or a newer model – take it out for a test drive. Check to see how it handles, accelerates, stops and feels before signing a contract.
Bonus Tip on How to Buy a Used Car
Take advantage of DuPage Credit Union’s low rates and 30-Day Rate Lock when you get pre-approved today! It’s easy to apply for a vehicle loan and takes just a few minutes.