If you are a mom who’s looking for a used car then you probably want something inexpensive, but safe. If you are on a tight budget, weigh the costs of maintaining your current vehicle against the cost of a vehicle with a few less miles on it.
Why Buy Used?
By purchasing a used car you can reduce the depreciation a new car feels when it drives off the lot.
Research cars carefully. Compare safety records, prices and models. There should be many consumer reviews online search for the vehicle model and year with the word “problem.” You’ll find plenty of experience from owners to determine if the problem is easily fixed and how likely it is to happen to you.
Look at the safety records of various models. A Carfax report can tell you whether that particular vehicle has been in a major collision.
Calculate costs carefully. Remember that you will not just be paying the monthly installments but will also need gas, insurance, repairs and taxes.
Where to Look
The classifieds are a great place to start. Not only will you find great prices from individual owners, but also local car lots looking to compete. Not all owners will provide financing. So check with your bank or credit union for reduced rates in car loans and lower prices on GAP insurance.
What to Buy
You also need to consider the size of your family. How many kids do you have to ferry around? What kind of distances do you have to drive? What weather conditions prevail in your area?
A four door is a must. Look for child safety locks and anchors for child safety seats. If you need more room, a minivan has a tight turning radius and parks easily.
Recommended models for moms:
- Audi A4 Avant
- Cadillac CTS Sport Wagon
- Honda Fit
- Hyundai Elantra Touring
- Lexus IS 250C
- Scion xB
- Subaru Impreza
- Toyota Prius
- Volkswagen Jetta
- Volvo V70
Used Minivans for Sale: