The next thing to do is get an idea of maintenance costs on any car you're considering. Proper maintenance is especially important on a used car since it may not have a warranty to protect it if anything breaks down. People buy used vehicles as a way to save money but often overlook the cost of maintenance, which might end up pushing them beyond the limits of their budget. The car's owner's manual, which is often available online, will tell you what you need to know about maintenance services and intervals. A phone call to a dealership service department or a trusted independent repair shop will get you pricing information. You also can check resources such as RepairPal.
TrueCar offers new and used cars online. With TrueCar’s new-car shopping program, you choose the vehicle make and model that you want and, optionally, filter for specific details. TrueCar then outputs a market average price estimate, the MRSP, your estimated savings and any vehicles for sale in your area that match your description. TrueCar’s used-car shopping program is similar, allowing you to choose the car make and model that you’re interested in before showing you local results.

Cons: While buying new might be the most satisfying way to buy a car, it's also the most expensive. Some cars depreciate faster than others, but no matter what you're buying, your new car is going to experience depreciation the minute you drive it off the lot. That's not to say buying a new car isn't a good value, but it's a financial hit you should keep in mind if you're shopping for a new car. Consider doing a little homework on the depreciation rate of the car you have your eye on before pulling the trigger.

×