How to Spot a Great Used Car

Woman smiling while driving her first car

Purchasing your first automobile is a significant financial responsibility. It is essential to carefully weigh how much you can afford to pay for the vehicle. Also, you have to think of how the price of your car will change over time. If you do not qualify for a car loan, your choices might be different.

These days, there are lots of imaginative ways to fund a car that you might fool yourself into believing that you can manage to purchase a more costly vehicle then you should. However, one basic rule of thumb is that you must fund your vehicle for a three-year term. If you cannot provide the payment that follows this amount, you cannot sustain the car. Your work status will change, but it should remain stable for about three years. Moreover, you must avoid trading in your vehicle and converting the old mortgage into a new one. You can reduce your monthly debt by having a substantial down payment.

Not everyone can afford a brand new car, and the next best thing, of course, is a used one. While there are some drawbacks compared to a new one, you can actually find a great deal if you know what to look for. For starters, not every car that looks good on the outside is a steal; there’s a lot more to check than the exterior when buying a used vehicle. Here are a few pointers that should help you find a great used car deal:


Not many buyers bother to check if the second-hand vehicle they are eyeing is still covered by auto insurance in Illinois. It’s important to know this since an insurance can save you thousands of dollars in case a covered accident happens. Keep in mind that the older the vehicle, the higher the premium. Having that peace of mind is priceless, especially if you will be spending a serious amount of cash on the used car.

Car Inspection

You might know how to change a flat tire or conduct other necessary car repairs, but a mechanic is the best person to have by your side when buying a vehicle. You can ask a car enthusiast friend or your trusted local mechanic to help you check the car to ensure that it’s still in good condition. Make sure to take the vehicle for a test drive, too, to get a feel on how it’s like driving it.

Shop Around

Salesman handing over the keys

It can be easy to find the perfect car, but it pays to shop around first. You’ll never know what you’re missing out on if you make the purchase right away. Do your research online, find at least five cars that you like, and check them out at the shop. This way, you won’t waste your time and get the most out of your budget.

In the end, buying a used car is far from getting a new one. You need to be more meticulous since it’s not easy to get stuck with a purchase that you’re not happy with. Not checking the vehicle thoroughly can get you spending thousands on repairs later on, so it’s important to check every detail.