Buying A Used Car

Buying A Used Car

Your next car may be used, but the purchasing process is little different from buying a new car. The car is not new but, its “new to you,” and buying it is as exciting and rewarding as buying a new car when it is done right.

The importance of a rigid budget:

Never head off to a used car dealer in Forest Park until such time that you have done your homework and established an honest car-buying budget. Once you have decided how much you can spend, by default, you have set your expectations of the range of vehicles you can choose from.

Do not place too much emphasis on what you “can” spend. Instead, spend more time thinking about what you “should” spend. The fact that you can afford a certain used car does not mean it is the best option. If you are going to finance the purchase, there is a well-established rule of thumb; limit your monthly car payment to 20 percent of your take-home pay. Don’t lose sight of the fact that you have other expenses that must be met; mortgage or rent, food, utilities, clothing, and more.

Type of used cars:

There are two different types of used cars that you can consider, those that are certified and those that are not. A CPO (Certified Pre-Owned) car is one that has been subjected to a battery of tests and a full inspection. Any repairs that needed doing were done, and the car is given a warranty.

A CPO car is used, but is relatively new and usually has low mileage and sold with certain buyer protection. A typical used car can be reliable and certainly less expensive. A well-known used car dealer in Forest Park will have a good selection of both.

When you buy from a used car dealer there are distinct advantages; you can trade your current car in, the dealer can arrange to finance the purchase if necessary, and will offer an attractive warranty on certified pre-owned vehicles.

When you are looking for low mileage, late model used car, visit Hawk Chrysler Dodge Jeep online. Hawk Chrysler Dodge Jeep is a new and used car dealer in Forest Park that have a wide selection of vehicles at attractive prices.

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