3 Mar 2010

Steps Buying a Used Car

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Steps to buy quality used cars

Buying a used car for more flexibility to help you find the car that best meets your transportation needs. Even the need for prestige. You can also get good quality cars at affordable prices, provided you know how.

The first step in the process of buying a used car is to assess in detail your transportation needs. The questions below can help.

image1. Destination buying a car: determine the type of car that will be purchased based on their usage. For example, when used to pick up school children, choose a car that offers space relief. Or for purposes of transportation to work, choose a comfortable and fuel economy. Your lifestyle also plays a role determining the type of car that will be purchased.

2. Determine the features that must exist, such as air conditioners, various kinds of power, CD charger etc.. Write down all the lists. Also includes safety features like ABS brakes, airbags, child door locks, etc.

3. Calculate how much financial ability to buy a car, including down payment and monthly payments when the loan.

When you have defined a number of types / models and brands, analyze the advantages and disadvantages. You can get information from a friend who had used the car targeted. Can also from sites of automotive and automotive clubs exist. Find out as much as of their respective brands including Resale value, performance, repair services and prices / availability of components. From there you can decide which car is really appropriate.

Now it's time to prepare your car payment and purchase.

When choosing to credit, the safest is to determine how much had the financial ability to pay monthly installments. The easy way, the payment should be no more than 20% of income per month after a cut in expenditure. Also calculated the cost of care, taxes, insurance and operational.

Pay your deposit at least 20% of the price of the car. Less than that, the credit provider will doubt your financial capabilities. So if you have cash, a better use for a down payment. This step will also reduce the principal debt burden associated with monthly installments.

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