Posted Thursday, August 11, 2022
Cars in the aftermarket are tempting. They gradually lose value, and you can buy a car of a higher class with the top trim level. But how to negotiate a used car to buy a reliable vehicle instead of a bunch of problems?
Buying a used car in Indianapolis just requires a bit more knowledge and patience than choosing a new one. If you are used to taking everything into your own hands, read our step-by-step guide on how to negotiate a used car to get the most beneficial deal.
Before you meet with a car seller and start negotiations, you should already know the model you would like to buy and its technical specifications, including its current price in the used car market.
This is probably the most difficult and controversial stage of buying a used car because the market is large and diversified. Here are the main selection criteria:
Once you have done your research, you can tweak your budget and determine the possible costs of your future car. Decide what car loan you are willing to take. Try our used car payment calculator to determine how much you will have to pay per month.
The only way this doesn’t apply to you is if you already have an excellent credit rating (800 or higher).
A good credit rating (750 or higher) can help you get the best in terms of rates and prices. Be sure to research different ways to improve your credit score. See your credit score before visiting a car dealership, so you know what to expect.
Or get pre-approved right now at Indy Auto Man. We negotiate with 24 banks and credit unions in Indianapolis to provide our customers with the most beneficial financing terms, regardless of their credit history.
Never buy a car without taking it for a test drive. Even if you have driven the same model of the same year, make, and trim level with another dealer, you should always try the one you are going to buy.
Before going to the seller, you should prepare questions in advance. Otherwise, when inspecting the car, you may forget what you wanted to ask about because of emotions. And the worst thing is, you run the risk of acquiring something that is not exactly what you were looking for.
Aside from the general information you get when buying a used car, be sure to find out the following:
Buying a used car requires careful preparation and testing. If you are not ready to study the history of the vehicle and understand the intricacies of the model, you should better address the professionals.
Choosing the right seller is half a success. When you come to Indy Auto Man, you can explore a rich assortment of used cars in just-like-new condition. We are always ready to help you find your best suit at our dealership, and you can be sure that the negotiations will be as smooth as possible. Visit our dealership in Indianapolis to buy the used car you have always dreamt about and get behind the wheel in a couple of hours.