How to Buy a Used Car and Save Money
Always Test Drive It
Buying a used car instead of a new car has its advantages. First off, someone has already taken the huge initial depreciation loss on the vehicle when it was purchased new. Second, you can buy a used car just a couple years old, with a lot more bells and whistles, for a lot less money.
There is not a factory invoice associated with a used car so you will have to estimate what a dealer actually paid for the vehicle. Other than that, there’s only a couple additional steps you should take to ensure you don’t end up buying an unreliable vehicle or someone else’s problem.