15 Secrets to Buying a Used Car

Photo by nancylayman

7. Shop For Money First

If paying in full for a used car is not in your budget, it’s worth taking the time to secure financing before you start shopping. The financing options offered by the dealership will generally have the worst possible rates, and you’ll be under pressure to accept if you feel that it’s your only option.

Before you start shopping, stop off at your local bank or credit union and ask about your loan options. This will help you secure financing in advance and also give you a firm budget for your purchase since you’ll know exactly how much you’ll be able to borrow.