Tips for Buying a Used Car or Truck

Do your homework - It is important that you knowthe effects of climate change important to you?
exactly what you want and the price you can affordDepending on the engine and vehicle type, how much
before setting foot in a dealership. Come prepared.you drive and whether its town or highway driving
Entering a dealership without a concrete idea of whateffects how much fuel you’ll consume and the
you want and what you are willing to pay is never afootprint you leave on the environment.
good idea. The groundwork of successful negotiationKnow what you are buying - Ask to see what
is information. Once you have your price and yourmechanical reconditioning has been done by the seller.
method of payment, you are ready to negotiate. DoA well detailed vehicle that looks clean and shiny
not lose sight of your price, while negotiating. The keydoesn’t mean it is mechanically sound. Most
is to follow your plan and leave a deal alone if it is notreputable dealerships ensure that your pre-owned
in your best interest. Once you and the salespersonvehicle was thoroughly reconditioned and its history is
have reached an agreement get everything in writing.safe. Make sure your used vehicle has been inspected,
Price, terms, repairs, and/or trade-ins should be clearlycomplete outstanding recalls, and ensure required
written in the sales agreement.maintenance is up to date. They can also verify cross
Be sure of your needs - It is important to measureCanada accident claims, liens, registrations, complete
your needs against your wants when shopping for aUS history and the odometer record.
vehicle. Before beginning your hunt for a used car orFinancing - It is smart to consider how to finance the
truck, ask yourself some fundamental questions. Howvehicle when you begin the shopping process, this will
many people will I be transporting? How much do Iallow you to make an objective decision that fits your
drive? How important is it to get good gas mileage?budget and prevents unpleasant surprises from
What safety features mean the most to me? Is itsurfacing later. Calculate a realistic monthly payment
necessary to have a car or truck with four-wheelthat will fit into your budget based on purchase price,
drive? Keep your options open when considering whatdown payment, length of loan, and interest rate. Keep
to buy. It never hurts to look at other vehicles in thein mind that your total monthly payments should not
same class. Remember choosing the eye-catchingexceed 20 per cent of your monthly take-home
vehicle, instead of the sensible one could result in aincome. Dealerships generally offer a better finance
hole in your budget, a return visit to the dealershiprate than consumers can obtain through their own
sooner than you planned, or both. Your main focusbank. Are you trying to establish or rebuild your credit?
should be to find a car or truck that meets both yourHaving credit issues shouldn’t prevent you from
needs and your personality. Are the prices of fuel andowning a reliable vehicle.