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4 Things to Check When Buying a Used Car

Michael Jones

Auto Loan Expert

Everyone knows that buying a used car can be a stressful situation. There are so many factors to keep track of that sometimes it feels as if your brain can’t keep up with everything when you need it. In order to help you keep your thoughts straight we’ve put together this list of 4 things to check when buying a used car.


check buying a used car

The first thing you should evaluate is the condition of the car. Check the outside for scratches, scrapes, dents, and dings. In addition to giving you a clue as to the kind of care the car received from previous owners, it will also let you assess the risk of costly bodywork needing done.

Also check the interior of the car, look for rips and tears in the car’s interior. Check the condition of the buttons and switches on the control console and steering wheel. And check for any broken or damaged components.

Don’t forget to check the engine. Even if you aren’t a mechanic and don’t know exactly what you’re looking for, you can still look for things like rust spots or leaks. Rust and leaks are a good sign that the engine is going to have problems in the future.

Finally, make sure you take the car for a test drive. Do everything that you would do in the normal course of driving your car so you can test it in all different kinds of driving situations. Doing so will ensure you have a good understanding of the car before you buy it.


Most cars have a car history available. This will tell you important information like how many owners the car has had, as well as any accidents or major repairs it has undergone. A car that has had many owners is more likely to have problems, and a car that has had a number of major repairs or been in a serious accident will also be more likely to have mechanical problems in the future. Selecting a car with a clean background and one or few owners is the best way to ensure that you won’t be facing costly repairs sooner than expected.

Interest Rate

Make sure you understand the interest rate you’re getting and why that’s the rate you’ve been offered. Used car loans are different everywhere, a used car loan in Abu Dhabi is nothing like used car loan rates India or used car loan Delhi.

Additionally, loan rates depend on the type of car that you get. Interest rates are based on the lender’s perceived risk, so a lender may charge more to finance an older can than a newer one. This can result in the odd situation where you pay more for an older car than a new one. Ask your loan officer what you can do to get your rate down, and look for ways to make the largest down payment possible so that the total amount of your loan is as small as possible.  

Finally, try to make your loan as short as possible, the 72 month used car loan rates may seem smaller than a shorter term, but you’ll wind up paying more because of the increased length of the loan. Also make sure that the rate you’re offered is in line with the average used car loan rate for someone with your credit.

Added Bonuses

Finally, look for added bonuses, especially if you are buying your used car from a dealer. Dealers will often offer service plans, warranties, and certification programs to help ensure that the car you get is the best deal available. Things like free oil changes may not seem like much, but they save you money down the road and also make it easier to take care of your used car, helping it last longer and helping you get the most value for your money.

As you can see, there are a number of things you can do to ensure that you get the best used car possible. Make sure that the car is in good condition, doesn’t have any warning signs on its history, that you understand the rate you’re getting, and take added bonuses into account, and you’ll find yourself in a perfect used car in no time!