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Buying Tips
10 Steps to Buying a Used Car
Checklist
By Philip Reed, Senior Consumer Advice Editor Email
- Choose the right vehicle for you by making sure the car suits your needs.
- Consider all cars in the class you have chosen (compact sedan, SUV, station
wagon, etc.)
.
- Look up the car on Edmunds.com and check its reliability and consumer reviews.
- Check the Edmunds.com TMV
price on the car you want to buy (adjusted for mileage, options, color and
region).
- Decide how much you have to spend on your new car purchase: down payment,
monthly payment and purchase price.
- Decide how you are going to finance your car. If you are going through a
bank, on-line lender or credit union, obtain loan approval before you start
shopping.
- Using the Internet, and Edmunds Used Vehicle Listings, search for the used
car you've decided to buy.
- Call the seller and verify the pertinent information. Get the VIN. Run a
Carfax report on the car.
- Test drive the car under your normal driving conditions. Take the car to
a mechanic if it is not certified by the manufacturer or covered by a comprehensive
warranty.
- Negotiate your best deal.
- Read the contract carefully before signing and always make sure you get
a clean title.
- Look up the Edmunds.com Cost to Own
for the car you want to buy.
- If you are financing the car, use the payment calculators to determine the monthly payment for the car you want to buy.
- Contact the Internet department and simultaneously solicit quotes
from multiple dealers.
- If you are trading in your old car, check its Edmunds.com True
Market Value and print out this information.
- Once you've reached a good price, ask the salesperson to fax you a worksheet
showing all the prices, taxes and fees.
- Bring your worksheet with you to the dealership so you can compare these
numbers to the figures on the contract.
- Inspect the car for dents, dings and scratches before taking final delivery.
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