Guide to Purchasing Used and Second-Hand Vehicles Domestically
Learn essential tips for buying used cars locally, from setting budgets and selecting features to inspecting vehicle history. Explore top deals on certified pre-owned vehicles and save money compared to new car purchases. This comprehensive guide helps buyers make informed decisions for a smart used car investment.
Searching for the ideal pre-owned or second-hand vehicle used to feel like an adventure. Today, the internet offers numerous options, increasing the chances of finding a vehicle that fits your budget and preferences. Opting for used cars can save money on depreciation, taxes, registration fees, and insurance costs. However, it’s crucial to consider key factors to make an informed purchase decision.
Budget Planning
Set a clear budget for your vehicle purchase and decide whether you'll pay upfront or opt for financing options like loans.
desired Features
Understand your needs—consider family size, cargo space, driving environment, and safety ratings. List out features you can't compromise on to narrow down your choices.
Vehicle Reliability
Remember, each used car has a different history and wear level. Factor in long-term ownership costs, including potential repairs, maintenance, insurance, and depreciation, beyond the initial price.
Online Marketplaces
Platforms like AutoTrader, CarMax, Craigslist, and AutoList are excellent sources for browsing used cars and comparing options.
Pricing Research
Use tools like Kelley Blue Book to estimate fair market prices. Pay attention to vehicle condition, mileage, features, model, make, and year to ensure accurate valuation.
Vehicle History & Test Drive
Check the VIN for a detailed history report covering accidents, title status, and repairs. Always test drive the vehicle to evaluate its condition firsthand.
Finalizing Purchase
Negotiate the price based on your research, and ensure all legal documents, including contract, registration, insurance, and loan papers, are properly prepared and registered in your name.
As of October 2018, here are some top deals on certified used cars available in the market:
Used 2012 Honda Civic (small car): $6,700–$11,999; offers 28 MPG city/36 MPG highway.
Used 2009 Audi A3 (luxury small car): $4,900–$8,400; provides 21 MPG city/36 MPG highway.
Used 2009 Toyota Prius (compact hybrid): $5,300–$5,400; delivers 48 MPGe city/45 MPGe highway.
Used 2010 Ford Mustang (convertible): $7,600–$11,400; has 18 MPG city/26 MPG highway.
Used 2011 Chevy Volt (hybrid): around $11,600; achieves 28 MPGe city/36 MPGe highway.
Sometimes, choosing a pre-owned vehicle is more cost-effective than buying a new one that quickly depreciates. Discover your perfect used car in the second-hand market—you might find a well-maintained vehicle at a great price.
