Should You Buy a Used Car? 6 Questions to Ask Yourself

It may be time for you to purchase a new car forbegin to shop for a new or used car. For example, do
yourself. However, it can be tough to know whether oryou need a mini-van to haul around kids? How about a
not you should get a new car or a used car. Here aretruck for contracting work? It's important to buy a car
6 questions that all car buyers need to ask themselvesthat suits your needs, even if it means waiting.
before making their next purchase in order toCan I make car payments?
determine whether or not they should buy a used car:Whether you buy a new car or a used car, you will still
What's my budget?probably have car payments that you will need to
If you have a limited budget, you may definitely getmake. Always analyze your budget to determine if
more out of a well maintained used car - as long as ityou can truly afford to make those car payments on
is in good condition and has low miles.a regular basis for years to come.
Does the car come with a warranty?Do I plan to resell the car?
Many used cars have warranties from the dealershipIf you plan to resell your car in the future, it may be a
or from the manufacturer. Always ask about agood idea to start with a new car, rather than a used
warranty before you make a purchase.car. A new car may have a higher resell value, since
Is the used car in good condition?you will be the primary owner. However, a late model
Many used cars are in like-new condition, with perfectused car could also be as valuable when it's time to
engines and low miles. However, if a used car is inresell it. Buying a used car can be tough and daunting.
poor condition, it may be more of a hassle to maintainJust remember: always do your research in advance
than it's worth.in order to determine what cars are available on the
Does the used car meet my needs?market for your price range. It's important to find a
While you may be in a situation where you need aused car that meets your needs and falls within your
new car fast, it doesn't mean that you need tobudget - even if it requires some patience to find just
compromise your car-buying goals. Determine whatthe right car.
you need from your new vehicle before you even