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Do's & Don'ts Of Buying A Used Car In Cookeville, TN

Used Car

Thinking about upgrading your ride to something nicer? Buying used has many advantages if you're looking to save money. However, you'll also need to consider some different factors than you would when buying new. We want to make finding a great used car easier, so we've created a helpful list of the do's and don'ts.

 

  1. Do Know Your Needs

    With so many body styles, features and amenities to choose from, where do you start your search? The best approach is to narrow down categories like how much cargo space, passenger seating or towing capacity you need. Then, you can start to figure out what type of vehicle is right for you.
  2. Do Research

    Once you've settled on what kind of vehicle you're looking for, make a list of all the amenities and features you want and any deal-breakers. Research different models and makes that fit the bill.
  3. Do Know How Much You Can Afford

    The toughest step is creating a budget. You may have found a vehicle that you love, but finding one at an affordable price can be more challenging. When financing, 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. It's also important to consider the cost of regular and unexpected maintenance, since the upkeep for some cars is more expensive.
  4. Don't Trade In A Car That's Worth Less Than You Owe On It

    You don't want to get trapped with negative equity. The balance of your old loan may be consolidated into the new car's loan amount, leaving you to pay the debt of two cars in one, big loan. Luckily, you can avoid this by researching what your trade may be worth.
  5. Don't Rush Your Test-Drive

    It takes time to get a good feeling for how a car handles and make sure it's right for you. So, never rush your test drive. Ask questions, try out different features and take a close look at both the exterior and the inside. Check that the vehicle has enough room for everything you need.

Used Car

If you have any questions about what you need to do before buying a used car or would like to test drive any of our quality used cars, please feel free to contact us or stop by Overdrive USA at 1510 Interstate Dr, Cookeville, TN 38501. We look forward to serving our customers from Crossville and Sparta.