Buying a used car

Guide to buying a used car

Buying a used car makes sense financially, because someone else has already paid for most of its drastic depreciation in value. With thousands of cars available, you’re sure to find one that suits your needs and fits your budget. Considering a new car? Click here for tips and advice.

Here are some points to consider before you start the buying process.

  • Think about your wants and needs for a car – do you need many seats for carpooling? Do you want high-tech features e.g. Bluetooth? How much trunk space do you need?
  • Decide your budget for the car, taking into account car insurance and fuel costs to help determine your financing requirements. Talk to your dealer, local bank or review your savings to determine how you’re going to finance the car.