August 15, 2008, Newsletter Issue #91: Find a Used Car

Tip of the Week

There is certainly no shortage of methods to use when looking to buy a used car. Internet users can use one of the hundreds of websites dedicated to finding used cars for buyers. Sites like AutoTrader.com and Cars.com have extensive listings of used cars, and most auto dealerships list their used cars for sale online as well. Walking onto a car lot will also provide plenty of options for used cars, as will a quick glance at the classified section of your local newspaper. The important thing to remember when looking for a used car to buy is that you should always secure financing before you even start shopping for your car. Apply for the highest amount you think you may need, and then when you find the car you want you are treated like a cash buyer because the money is already available to you. Finding suitable used auto financing is similar to finding your used car: you can search online, go with a local lender, or sift through the various lenders advertising in the local newspaper. Be sure to do some research on both the car you intend to purchase and the lender you intend to borrow money from. You want to make sure you are getting the best car at the best interest rate.

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