Buying used cars is much less expensive than purchasing a brand new vehicle. The purchasing decision, however, still requires a fair amount of research and analysis. To help you drive off the lot in a reliable used car—one that you love, adore, and doesn’t bust your budget—here’s a list of three common buying mistakes to avoid.

3 Used Car Buying Mistakes

1. Ignoring the Vehicle History Report

You should always check an official vehicle history report from AutoCheck® or CARFAX® before buying a used car. The report will give you a history of the car’s accidents, repairs, ownership, and more, potentially revealing problems with the vehicle that you would never uncover during a test drive.

2. Not Planning for Financing

Before you start shopping for a used car, assess your finances. How will you pay for the car? Figure out how much money you can put toward a down payment, how much money you need to borrow, and what you can afford to pay on a monthly basis. Look at ways to improve your credit worthiness. A higher credit score will help you snag a lower interest rate on any car loan.

3. Focusing Only on Monthly Payments

Monthly car payments are important for your budget, for sure, but they aren’t the only expense to think about when buying a used car. If you finance a purchase over a longer payment period, the additional interest you pay will drive up the full cost of ownership. If possible, shorten the length of your loan to 24 months from 36 months. You will save a year’s worth of interest, and the lender is likely to give you a better interest rate.

If you’re looking for quality, affordable used cars, make Express Motors in Dayton, OH, your first stop. This no-pressure dealership, offering generous financing options and trade-in values, is committed to your complete satisfaction. To learn more about their current inventory, visit them online, or reach them by phone at (937) 222-7777.