All You Need to Know About Buying a Used Car

If you’re in the market for a deal on used wheels, follow the steps below for a smoother ride!

Step 1: Crunch the numbers


Also consider getting pre-approved for your loan before visiting the dealer’s lot. Stop by KeyPoint Credit Union today to find out about our fantastic auto loans!

Step 2: Create a target list


Step 3: Research

Start researching prices and listings for your vehicles of choice. Visit a site like to get started. You can find used cars for sale in any of these locations:

The used-car section of new-car dealerships
Used-car dealerships
Used-car retailers like
Websites like Craigslist where car owners privately sell their vehicles
When researching cars and listing prices, determine the average asking price for each car.


Step 4: Call the seller



Step 5: Test drive

Pay attention to these details during your test-drive:

Is there sufficient legroom?
Is the ride smooth?
How is the acceleration?
Does the “check engine” light stay on?
Do you have full visibility?
Are the brakes working well?
Do all the lights work?

Step 6: Have it inspected


Step 7: Negotiate


Step 8: Make it official

If you’re buying your car off a private-party seller, make sure the title and registration are officially transferred to you. If buying from a dealer, give careful thought to any extra protection that may be offered and consider talking to us here at KeyPoint Credit Union, as we can also help you pick the right loan. Finally, read the contract carefully and make sure you have insurance before you drive off the lot.
