What is the best way to pay for a used car?

If you’re buying a used car at a reputable, licensed dealership, you can use just about any way to pay you want, whether by personal check, debit card, credit card, cashier’s check, or even cold hard cash. Just make sure you get a bona fide receipt if you pay cash!

How much should you put down for a car?

In general, you should strive to make a down payment of at least 20\% of a new car’s purchase price. For used cars, try for at least 10\% down.

Is it better to put a downpayment on a car?

Putting money down on a vehicle has plenty of advantages. The larger the down payment, the lower your monthly payment will be—and you’ll probably get a better interest rate, to boot. A larger down payment also helps you build equity faster and protects you and the lender against depreciation and potential loss.

What is the worst used car to buy?

Consumer Reports’ list of the worst used cars to buy includes several discontinued vehicles, such as the Chrysler PT Cruiser (canceled in 2010) and the Dodge Grand Caravan, which saw its long run end in 2015.

What are the best used cars for $10,000?

Subcompact Car. The Soul was redesigned for 2014 but remained a boxy SUVish hatchback,practicality speaking — enough to work as a subcompact SUV if you don’t require all-wheel drive

What is the best state to buy an used car?

Worst State to Buy a Used Car: California.

What is the safest used car?

These are the safest used cars for young families Mazda CX-5. Mazda will forgive us for referring to it as something of a dark horse in the new car market. Volkswagen Touran. A safe buy in terms of actual safety, reliability and residuals. BMW 2 Series Active Tourer. A first foray into this segment for the premium German manufacturer. Nissan Qashqai. Toyota RAV4.