Do's and Don'ts of Buying a Used Car
Do's & Don'ts Of Buying A Used Car in Johnson City, TN
Are you considering buying a used car instead of a new car? There are many benefits to purchasing a used vehicle that make it a great option for many people. However, you must consider several factors involved in used car buying that might be different from a new car. On this page, we've outlined the do's and don'ts of buying a used car for your convenience.
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Do Know Your Needs
Since there are such a variety of body styles to choose from with so many features and amenities available, it can be difficult sometimes to know where to begin in the used car buying process. But when you narrow down categories like how much cargo space, passenger seating or towing capacity you need, then you can start to figure out what vehicle is right for you.
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Do Research
Once you've decided on the type of vehicle that you want, start a list of your deal breakers in a used vehicle. Research different models and makes that give you all the amenities and features that you want.
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Do Know How Much You Can Afford
Making and sticking to a budget can be the most difficult part of this whole process. Even if you have a dream car in mind, sometimes finding one that you can afford can be a challenge. When buying a vehicle, it's recommended that you put about 20 percent down, limit the term to no more than 60 months and keep your monthly payment below 10 percent of your income. Plus, you'll want to make sure that you consider the cost of regular and unexpected maintenance. Some cars cost more than others.
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Don't Trade In A Car That's Worth Less Than You Owe On It
Negative equity can be a burden that you don't necessarily have to face. The remainder of your previous loan may be consolidated into your new car's loan amount, meaning you could be paying the debt of two cars in one, giant loan. Get ahead by knowing in advance what your trade may be worth.
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Don't Rush Your Test-Drive
Take your time with the test-drive to make sure you like the car and can get a sense of how it drives. Ask questions, play with the various features and look around inside and out of the vehicle. Make sure the car has enough space for everything you need.
If you'd like to purchase a used car in Johnson City, TN, drop by Johnson City Ford at 207 Princeton Road, Johnson City, TN 37601 for a test-drive. We look forward to serving our customers from Johnson City, TN, and throughout Kingsport, Bristol and the Tri-Cities area!
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Advertised price excludes tax, tag, title, $699 closing fee per TCA 55-17-114 and all optional dealer installed items selected by the purchaser. Pricing subject to market conditions, customer provided trade in vehicle, and dealer assisted financing; otherwise price may increase $985. Call dealer for accurate pricing. Price includes non-optional dealer installed accessories.
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