These days, it's almost impossible to get around without a car. If you live in the suburbs, it's simply not realistic to take public transportation or cabs or ride a bike most places every day. When you need to buy a car, you have many options when it comes to seller and type of car. Maybe you're on the fence about buying a used car because you're concerned about quality. However, there are many benefits to buying pre-owned cars that make it worth your consideration. Learn why and how to buy a pre-owned vehicle below.

The Benefits of Buying a Pre-Owned Car

Lower Lease—Not many people can afford to go to an auto dealership and buy a brand new car in cash. When cars cost tens of thousands of dollars, you have to get a lease. Paying month-to-month sounds like an easy way to get the car of your dreams, but it comes with high interest rates. You spend a lot of unnecessary money paying back the bank when you buy an expensive car. You may still need to get a lease for a pre-owned car, but chances are good that the vehicle's price is much lower.

Value Depreciation—Most people know that once you drive a brand-new car off the lots, its value drops immediately. This depreciation in value makes buying a new car financially unwise for frugal shoppers. However, you can take advantage of this value depreciation when you buy a used car. The previous owner essentially pays for the luxury of saying they have a new car, and then you can snatch it up a year or so down the road when they want to upgrade. The car will essentially run the same, and you won't have to pay as much for it.

Buying Tips 

If you're convinced that a pre-owned car is for you, how can you ensure the buying process will go smoothly? Here are a few tips to help you make a wise decision.

Do Your Homework—When you start looking for a pre-owned car, do your homework. Research the best types of used cars and good year ranges for the make and model you want. Look at various places for a car, including online, at small and large dealerships like Bob Taylor Chevrolet, and police auctions. Get a feel for the kinds of used cars available in your area. 

Know How to Haggle—Always use Kelley Blue Book to determine the true value of a car you find before buying it. Especially if you buy a used car from a private party, it's expected that the price the seller listed is not firm. Even if you buy from a dealership, there's some wiggle room. To haggle well, be confident and firm but not unreasonable. This is where doing your homework comes in handy; you can use your new knowledge to lower the price if you know the car is worth a few hundred dollars less than list price.

Look at Key Factors—What specifics should you look for in your "new" car? Learn about the car's transmission, brake system, AC, tires, and motor. Find out how often the seller used the car and for what purpose. Ask for the specific mileage number. See if the title is clean, salvaged, or rebuilt. And always ask about pets or smoking.

Buying a pre-owned vehicle is a smart choice for many money-savvy shoppers. When you know your stuff, you can find a great deal in your area. Happy shopping!