1. Crunch the numbers
How much car can you afford? Use Education First FCU's Car Loan Calculator to figure out how much you can afford your monthly payment to be.
Find used cars for sale in dealerships or through private sellers on Craigslist. Or check out our online shopping tool, AutoSMART, where you can browse dealer inventory, compare prices, and get pre-approved online. Be sure to get a vehicle history report on each car from Carfax.com!
3. Create a target list
After researching, narrow down your choices to three model cars.
4. Contact the seller
Ask if the car is still available and if the posted information is true. Set up an appointment for a test drive.
As you do, note any details like legroom, acceleration, sounds and visibility.
6. Have it inspected
This can save you loads of aggravation and money down the line.
Make an opening offer based on the average price for your car.
8. Make it official
Ensure the title and registration are officially transferred to you.