Tips for Choosing a Used Family Car

Your family needs a new vehicle, but buying a new one is too expensive. Finding the right used car is a smart idea and there are a few tips that can help make the search less daunting.

Can You Afford This Vehicle?

Calculate your income minus your monthly debt, including rent or mortgage payments. The leftover would be the amount that goes toward a new car payment. This payment should be no more than 25 percent of your total monthly income.

Determine the Type of Car You Want

Narrow your search to a few makes and models that you can live with and that are in your budget. Check the blue book value on the vehicles and the safety rating. After all, you want your family to ride in a safe vehicle. You should also use the VIN (vehicle identification number) to see if the car has had any major body or engine damage.

Have a Mechanic Check It

A mechanic, that is not affiliated with the person or company that is selling you the vehicle, should inspect the car. This could save you thousands of dollars in mechanical costs.

The Certified Pre-Owned Car Option

Research options for buying a certified pre-owned (CPO) vehicle. A certified authority or the manufacturer usually inspects these vehicles. They often have extended warranties beyond the original cars’ warranty.

Rental Vehicles as a Used Car

Another option you may consider is buying a rental vehicle. Rental cars have regular maintenance and are kept in good condition. Because the mileage on a rental is sometimes high, you may get the vehicle at a great discount.

GTW Insurance understands the difficulty it may be to find a used car for your family. The independent insurance agents in Imperial, MO are available to discuss insurance options that you may need for your vehicle. GTW Insurance can also help with home, commercial, renters, life, and other insurance you may be interested in.