10. Research Used Car Insurance Costs
Understand that the used car you choose impacts the insurance rates you’re likely to pay.
“One key thing many people don’t even think about until after the fact is that different vehicle models often have very different car insurance premium costs,” said Joel Ohman, president and CEO of CarInsuranceComparison.com. “If you are on the fence and like a number of different vehicle models, and one is cheaper per month for car insurance, it might be just the thing to help you make your decision and save money at the same time,” Ohman said.
Insurance might not be a top priority when shopping for a car, but smart shoppers factor it into the decision-making process.
Buying a car doesn’t have to be intimidating, confusing or stressful — and it certainly doesn’t have to end with you getting stuck with a car you don’t love. Do your homework, be thorough in your research, shop around, negotiate wisely and never be afraid to walk away if it doesn’t feel right.
Morgan Quinn contributed to the reporting for this article.