What to Look for When Buying a Used Car

Searching for the right used or certified pre-owned vehicle can seem like an incredibly daunting task for Fort Collins drivers, but after learning how to buy a car from a dealer, it can take a lot of the worry and trouble out. Whether you’re a first-time buyer, haven’t bought a car in a while, or you’ve had bad car-buying experiences in the past, you’ll be able to sit down with the team at MINI of Loveland and find out what to ask when buying a used car, as well as some tips to keep in mind so that you know what to look for when buying a used car. Find out more about the process below, and then if you’re ready to take any of the used cars in our inventory out for a test drive, simply contact us today. 

How to Buy a Used Car From a Dealer

There are several benefits to buying a used car, such as a lower price and more accessible technology. While you’re searching for the right used car for your Denver drives, you can find options such as certified pre-owned models, and other choices at MINI of Loveland. Here are some steps for how to buy a used car from a dealer like us here at MINI of Loveland: 

• Set a Budget: Take time to consider the balance between the cost to buy and the cost to own. Be sure to factor in future repairs, new tires, routine maintenance, and if a car loan is needed to finance the used car. A tip to keep in mind is that a monthly payment shouldn’t exceed 10% of your monthly income. Get an idea of monthly payments with our payment calculator. 
• Find the Right Used Car: There are a couple of factors you should consider when learning how to buy a used car. It should fit your budget, match your mileage expectations, and fit key requirements, like a clear vehicle history report. We’ll cover what else to check for when buying a used car in the next section. Start by compiling a list of cars you’re interested in and compare that to what’s offered at the dealership. Then, do a deep dive into the reliability reviews from sites like Edmunds or Kelley Blue Book, and compare what price the vehicle sold for in your area. 
• Test Drive and Inspect the Models: It can take determination to find the right used car that matches your style. Be sure to thoroughly inspect the vehicle and have it inspected by a trusted mechanic. Then, take it out for a test drive to verify the performance.
• Used Car Financing and Other Fees: Once you’ve found a used car that works, take your time to explore your loan options, and be sure to factor in other fees and credits like state sales tax, registration fees, and the trade-in value of your previous vehicle. When completing the deal, you’ll also want to make sure you’re covered with any applicable warranties and car insurance plans.

What to Ask When Buying a Used Car

There can be a lot of variety when shopping for a used car, so you must know what to look for and ask to make sure you’re not signing up for costly repairs in the future. Here are some tips for what to ask about when buying a used car: 

• Is there a history of maintenance?
• Is the vehicle history report available?
• Do the amenities and features work like they’re supposed to?
• What is the ownership history?
• What is the vehicle’s mileage?
• Are there any current recalls on the vehicle?
• How was the vehicle priced?
• Can I take the car to a mechanic for an inspection?
• Do you have the title in hand?
• Is the car as is, or is it under warranty?
• Does this vehicle affect insurance premiums?

Learn More About What to Look for When Buying a Used Car From MINI of Loveland!

We’re ready to make the car-buying process easy for you so you can take full advantage of our selection of used cars from some of the top brands on the market. Find out more about the car buying process by speaking to our finance department today, and then let us help you get started taking home a new-to-you model today.