Next Mile Used Car Buying Tips: What Not To Do
Whether it’s your first time shopping for used cars in Farmington Hills or your fifth, it never hurts to have a few tips on-hand before you begin the process. Here are some insights regarding what not to do.
Even though buying a used car is easier than ever nowadays, it’s never a good idea to buy a car without test driving it first. Some car shoppers are content to see a vehicle they like online, agree with the price, and buy it sight unseen.
However, when you consider that a car purchase is likely the second-biggest purchase you’ll make in your lifetime, it stands to reason that you’d want to know how the car drives before you buy it. A test drive with one our used car dealers is an invaluable opportunity to understand the car’s steering and handling, its comfort and features, and much more.
A common misstep for many first-time car buyers is making too small of a down payment. The down payment is a great opportunity to pay off some of the used car loan so that the entire loan can be paid off faster, and with less interest to worry about.
The finance pros at Next Mile recommend making a down payment that’s equivalent to at least 20 percent of the vehicle’s value. Anything less and you’re not making much of a dent in the total cost.
When buying a used car, it’s very likely you’ll want to offload your current car. The two options are to sell it to a private party or trade the car in at our dealership. We recommend the “sell my car to the dealer” path, for two reasons.
For one, after we verify the car’s condition, we’ll give you top dollar for its value, right on the spot. And two, you can immediately put this equity towards your next used car and stretch your dollars even further.
Friendly service and hassle-free used car financing are par for the course when you shop with us. Whether you’re interested in a used SUV or a pre-owned minivan, you’ll find a big selection of quality vehicles here that are priced just right.