Buying a used car can be a smart financial move—but only if you know the right questions to ask! 🚗💰 In this video, we'll walk you through the key steps to take when buying a used car, including how to set your budget, what to look for in a vehicle's history, and some pro tips for negotiating the best deal.
Whether you're a first-time buyer or just looking for a refresher, these essential tips will help you drive away with confidence in your new ride! 🚙💡
What we'll cover:
Setting a realistic car budget
How to assess insurance, maintenance, and fuel costs
Key features and vehicle history to check
Test driving and mechanical inspections
Smart negotiation tactics
If you found this video helpful, don’t forget to give it a thumbs up and subscribe for more financial tips from First Alliance Credit Union!
Chapters
00:00:02 - Buying a used car can be a smart financial decision...
00:00:05 - Approach it with the right knowledge. Let's break it down...
00:00:09 - Key steps to take when buying a used car...
00:00:12 - Great negotiation tips coming up...
00:00:22 - First step: Setting your budget...
00:00:25 - Consider the total cost of ownership...
00:00:29 - Insurance, maintenance, and repairs...
00:00:33 - Budget for surprises and upkeep...
00:00:37 - Fuel costs and efficiency matter...
00:00:44 - Keep car expenses under 20% of take-home pay...
00:00:52 - Identifying the car that fits your needs...
00:00:55 - Consider reliability and safety features...
00:00:59 - Look for low-maintenance models...
00:01:03 - Ensure the car has up-to-date safety features...
00:01:11 - Always get a vehicle history report...
00:01:18 - Take a test drive and get the car inspected...
00:01:22 - Negotiation tips: Know the market value...
00:01:26 - Start with a lower offer and be ready to walk away...
00:01:34 - Focus on total price, not just monthly payments...
00:01:41 - Like and subscribe...
https://www.firstalliancecu.com/
#UsedCarBuying #CarShoppingTips #FinancialAdvice #UsedCarGuide #firstalliancecreditunion