What To Know Before Buying A Used Car — Deluxe

Use the Kelley Blue Book to find the fair market value so you don't overpay. 3. DIY Physical Inspection

Before looking at cars, establish what you can truly afford. what to know before buying a used car

Perform these checks during daylight to spot potential red flags. Use the Kelley Blue Book to find the

Knowledge is your best leverage during a used car transaction. 000 for immediate repairs

Set aside approximately $1,000 for immediate repairs, as many previous owners defer maintenance right before selling. 2. Research and Verification

Aim for a 20% down payment, a three-year financing term, and total car expenses (including insurance) that equal 8% or less of your monthly income.

Research specific models on Consumer Reports or Edmunds to find known failure points (e.g., specific engine or transmission problems for certain years).