So you're in the market for a used vehicle? You've driven your current car for a number of years and it's simply time for change. The first thing you need to consider is how much your old car can help you with any one of the used cars you are looking to buy. It's not uncommon for car dealers to run trade-in specials that can give you a lot of money for your car if it isn't in great condition. However, if your car is in relatively good condition, you might be better off trying to unload it through private means. Getting the car detailed is a cheap way that you can attract positive attention to your car. Look up the value for your car online and then offer it for sale for a similar price.
Once you figure out how your older car is going to help you in your attempt to buy one of the many used cars, you have to come up with your payment strategy. Dealers are great when it comes to getting buyers financed. Having credit problems shouldn't be a problem as long as you have steady employment. Expect to pay a higher interest rate, but don't think that you won't be able to find financing.
Some buyers choose to pay in cash. If you get enough money for your older car, you might not have to add a lot of money in order to buy the car on the lot that catches your eye. When financing your vehicle, don't forget about the monthly cost of insurance. So if you will be on the hook for a $300 a month car payment, don't forget to throw insurance in on top of that number. Call your insurance company for a quote so you don't get in over your head.
Negotiating is something buyers and sellers do when dealing with used cars. Buyers don't expect to pay the sticker price, and sellers don't expect buyers to pay the asking price. At the same time, dealers make a living by making profit on the cars they sell. You can't expect them to just sell you the car without making money. Simply looking online for a fair price for the car is one way to know how much you should be paying. In some cases, you may be able to knock $1,000 or more off a car's asking price. In other cases, you might only save a few hundred dollars. It all depends on the make, model, and how much the dealer actually paid for the car.