Dos & Don’ts of Buying a Used Car in Johnson City, TN
Are you in the market for a used vehicle but are not sure where to start? We’re here to help every step of the way here at Johnson City Toyota. Thanks to the numerous benefits that come along with buying used, it’s an ideal purchase for many drivers. However, you must consider several factors involved in the shopping process that differ from purchasing a new car. We’ve provided an informed list below of the dos and don’ts of buying a used car for your convenience.
1. Know Your Needs
Since there are numerous body styles to choose from with a variety of features and amenities available like sedans, SUVs and trucks, it can be hard sometimes to know where to start when beginning your search. By narrowing down preferences like cargo space, passenger seating and towing capacity, you can easily determine the vehicle that works best for your lifestyle.
2. Do Your Research
Once you’ve narrowed down the type of vehicle you want, be sure to make a list of all your must-haves in a used vehicle. Research various makes and models that will provide you with all the amenities and features that you require.
3. Know Your Budget
Creating a budget can be the most difficult part of the whole experience. You may have found the vehicle that suits you perfectly but finding one that you can afford can occasionally be a challenge. When purchasing a vehicle, keep in mind that experts suggest to 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 as some cars are more expensive than others to maintain.
4. Don’t Trade Your Car if You Owe More than It’s Worth
Negative equity can be a huge burden. If you have a balance on your previous loan, it can be consolidated into your new car’s loan amount. However, this means you will be paying the debt of two cars in one giant loan. It’s best to know the value of your trade compared to what you owe on it before continuing your vehicle search.
5. Don’t Rush the Test-Drive
When taking a vehicle for a spin, it’s best to take your time during the test-drive to ensure you enjoy the way the vehicle performs. Before hitting the road, ask any questions you may have about the vehicle, test the various features and look around the vehicle to make sure the vehicle has enough space to fit your needs.
When you’re ready to upgrade, stop by Johnson City Toyota for the quality service you deserve.
If you’d like to test-drive a quality used vehicle, give us a call or stop by Johnson City Toyota at 3124 Bristol Highway, Johnson City, TN 37601 today. We look forward to serving our customers from Johnson City, TN, and throughout Bristol and Kingsport, TN.