Do's and Don'ts of Buying a Used Car | Crittenden KY | Serving Lexington & Cincinnati

Do's & Don'ts Of Buying A Used Car in Crittenden, KY

Used vehicles are a great investment. However, not everyone knows exactly how to go about finding the one that fits their needs. Since there are so many different ways of finding a used car these days, here at Marshall Chrysler Dodge Jeep Ram, we wanted to help you to learn more about some of the do’s and don’ts when it comes to car buying. Keep reading to learn more.

1. Do Know Your Needs

Because there are so many body styles to choose from and a variety of features and amenities available, it can be hard to know where to start in the used car-buying process. However, when you narrow down categories like how much cargo space, passenger seating or towing capacity you need, you can start to figure out what vehicle is right for you.

2. Do Research

Once you've narrowed down the type of vehicle you want, make a list of your deal-breakers in a used vehicle. Research various models and makes that give you all the amenities and features that you want.

3. Do Know How Much You Can Afford

Creating a budget can be the hardest part of the entire process. You may have found the vehicle that fits you perfectly, but choosing one that you can afford can be more difficult. When purchasing a new vehicle, it's recommended that you put about 20 percent down, limit the term to no more than 60 months and keep your monthly payment below 10 percent of your income. Plus, you'll want to make sure you consider the cost of regular and unexpected maintenance. Some cars cost more than others.

4. Don't Trade In A Car That's Worth Less Than You Owe On It

Negative equity can be a large burden that you shouldn’t try to bear. The balance of your old loan may be consolidated into the new car's loan amount, meaning you could be paying the debt of two cars in one, big loan. Get ahead by researching what your trade may be worth.

5. Don't Rush Your Test-Drive

Take your time with the test-drive to ensure you actually enjoy the car and can get a feel for how it drives. Ask questions, play with the various features and look around the vehicle. Make sure the car has enough space for everything you need.

If you have any questions about what you need to do before buying a used car or would like to test-drive any of our quality used cars, please feel free to contact us or stop by Marshall Chrysler Dodge Jeep Ram at 140 Spears Ln, Crittenden, KY 41030 for a test-drive. We proudly serve customers from Lexington and Cincinnati.