Do’s and Don’ts of Buying a Pre-Owned Car | Mobile AL
Do’s & Don’ts of Buying a Used Car in Mobile, AL
If you’re ready to upgrade your driving experience, but you’re not quite ready to choose one of our new Lexus models, our selection of high-quality pre-owned models is perfect for you. Every pre-owned model in our inventory will provide you with the comfort, convenience, safety and reliability you’re looking for — without the price tag that comes with a new vehicle. Before you scroll through our online listings to find your very own pre-owned sedan, SUV or truck, however, take a look at what to do (and what not to do) as you prepare to buy a pre-owned model from us here at Lexus of Mobile.
Scrolling through our pre-owned vehicle listings can be a bit overwhelming if you aren’t sure what you’re looking for. Before you begin looking, take a moment to make a list of features and capabilities you want in your vehicle. For example, if you intend to take your new model on outdoor adventures, you might want to pick an SUV with plenty of cargo space and a roof rack. If you will be taking long road trips, you’ll want comfortable, convenient features that will make your journey easier (such as heated seats or extra USB charging ports). Once you have your list in hand, stick to your criteria as you search.
Use third-party sites, such as Edmunds and Kelley Blue Book®, to research the values of makes and models you’re interested in. It’s easy to use these sites to expand your understanding of the current market, and once you’re done, you’ll be prepared to negotiate when you sit down in our finance department.
It’s crucial that you have a budget in mind before you start searching for a pre-owned model in earnest. We recommend choosing a model with payments that are less than 15% of your monthly take-home pay. Don’t forget about insurance, taxes, dealer and registration fees, maintenance and any applicable parking costs when you create your budget. If you can, make a large down payment, as this will reduce your monthly payments or shorten your term overall.
If you’re ready to trade in your current car when you buy your next vehicle, we’re happy to hear it. We would be thrilled to buy your current vehicle; however, we don’t recommend trading in if you owe more on your vehicle than it is worth. If you have negative equity, it will follow you into your next loan, and you don’t want to have to continue paying off a car you no longer own. Wait until your vehicle is paid off, then trade it in.
At last: It’s time for a test drive. Take your time in this important process, and remember, you are fully in control of the decision to commit or walk away from each pre-owned model you test-drive. Test each car’s functions and make sure you’re comfortable in the driver’s seat. Don’t rush, and remember: If you have any questions at all, our team would be more than happy to assist you. We can’t wait to help you find a pre-owned model you’ll fall in love with.
If you have any questions about what you need to do before buying a pre-owned car or would like to test-drive any of our vehicles, please feel free to contact us or stop by Lexus of Mobile at 3024 Government Blvd, Mobile, AL 36606. We look forward to serving our customers from the Gulf Coast, Daphne and Spanish Fort.