Whether your finances dictate that you purchase a used car or not, it’s certainly a good decision. New cars tend to lose their value faster than you can drive them off the lot. However, in order to find a good deal, you need to know how to shop at used car dealerships in Philadelphia, PA.
Know Your Price
Before you set foot in a car dealership, you should already have done your research. Whether you are going to get financing or not, you need to know how much you’re willing to spend. While you can always spend more, it makes sense for your budget to stick to a maximum. Generally, you will pay about $20 a month for every $1,000 that you borrow for your car loan. And while $20 doesn’t sound like a lot, it adds up quickly.
Know Your Needs
Once you have determined how much you are able and willing to spend, you need to figure out what you actually need. If you have a family of four, you cannot get a two-seater car. That should be fairly obvious to you. But you’d be surprised at how easily you can get talked into something you don’t need when you’re car shopping. For example, you may need to have a full-sized Sedan, but you don’t have to have leather seats.
If extra features tempt you, then get out your calculator and remind yourself how much each extra will cost you every month. It doesn’t mean that you can’t have leather seats, but it means that you might have to make other sacrifices.
Pick Maximum Numbers
You have already decided what amount you will spend on this car. Now you also need to pick your other perimeters. For example, what is the oldest car you’d accept? Or how many miles should the car have? Obviously, a newer car with fewer miles is great, but you still need to be able to afford it. It’s also important to look at the combination of age and mileage. It’s usually not a good sign if a car has been driven an average of 50,000 miles per year. In fact, if it was driven less than 15,000 miles per year, you are looking at a good average.
Don’t Be Picky
The best advice you can get about shopping at used car dealerships in Philadelphia, PA, is to not be too picky. If you see a car that falls within your requirements, you should take it for a test drive, even if the color is not your favorite.