Purchasing a car can be overwhelming. What suited you in your twenties may not be as practical a few years later if your lifestyle has changed. As you search for the right fit, though, don’t forget to consider used cars. They’re often a great alternative to the latest models.
Before you step foot into a car dealership, prepare by reflecting on your driving habits and preferences. What do you value in a vehicle? Are you impressed by gadgets and cutting-edge technology? Do you prioritize safety and reliability through and through? Are you just looking for an inexpensive vehicle to get you from point A to point B? Determining needs and budget can make all the difference.
The decision to buy a car often comes with anxiety and pressure. You might be upgrading your old wheels or searching for something more budget friendly. Perhaps your family is growing and more space is essential. Maybe you moved to an area where public transportation isn’t available. When weighing the options, some factors may tip the balance in favor of a preowned car, particularly the affordability of used versus new.
One of the most difficult lessons to learn is that a car depreciates in value almost as soon as you drive it off the lot. While a brand-new ride may impress neighbors and friends, it might not be as great an investment as you hoped. About 30% of a car’s value is expected to vanish within its first two years off the lot. Consulting a car expert or guide may give an idea of how a vehicle’s worth will change over time.
With the proper research, car shopping doesn’t have to be stressful. If you’re ready to begin the search for a great used car, consult the accompanying infographic for tips on what to look for and what questions to ask the seller before purchasing.
Infographic created by JDBNOW