Should You Buy A Used Car? Top 5 Mistakes To Avoid (Clutch.ca Platform)

Cars are one of those interesting topics, because many of us will eventually buy a car at some point in our lives… …and there are a lot of different options when it comes to buying a car! In this video, we're focused on buying a used car, and even though buying a used car is a great option, there are a lot of mistakes that you can make in the process, which we of course want you to avoid. So, we’re going to go through a list of top mistakes to avoid when buying a used car, why you should avoid them and what you can do instead to help you avoid making those mistakes! Buy or sell your next car easily with Clutch! Get started by browsing their inventory here - https://clt.ch/xFzhJg You can also get an instant real offer on your car in one minute here - https://clt.ch/A55vWx #ad Thank you to Clutch for working with us on this video! 0:00 Mistakes to avoid when buying a used car 0:54 Mistake #1: Overpaying for your car 2:50 Mistake #2: Focusing only on the monthly payment 4:29 Mistake #3: Skipping the pre-purchase inspection 5:53 Mistake #4: Rushing the purchase decision 7:35 Mistake #5: Not factoring in the reliability and maintenance costs involved 💰 Sign up for Simple Investing (For Canadians) - https://stephandden.com/investment-co... Simple Investing (For Canadians) is a self-paced course that focuses on self-directed, passive, long-term investing in the stock market. There are six different levels, dozens of mini lessons, and test your knowledge quizzes throughout. You’ll also receive multiple downloadable resources - and a personalized investing game plan - that will help you take action on what you’re learning! Oh, and you’ll also be invited to join a private community of investors just like you who you can ask questions to, and discuss different money topics with - and you’ll have continuous support from us within the private community, too! ➡️ Simplii Financial - Our No Fee Chequing Account (up to $400 bonus) - https://api.fintelconnect.com/t/l/65a... ➡️ EQ Bank - Our High Interest Savings Account - https://click.linksynergy.com/fs-bin/... ➡️ Wealthsimple - Our High Interest Savings Account ($25 bonus) - https://wealthsimple.com/invite/WQJFTG ➡️ Wealthsimple Self-Directed Investing - Our Favourite Stock Trading Platform ($25 bonus) - https://wealthsimple.com/invite/WQJFTG ➡️ Wealthsimple Managed Investing - Our Robo-Advisor Investment Platform ($25 bonus) - https://wealthsimple.com/invite/WQJFTG ➡️ American Express Cobalt - Our Travel Rewards Credit Card (up to 22,000 points) - https://americanexpress.com/en-ca/ref... ➡️ Neo Financial - Our Cash Back Credit Card - https://neo.cc/refer/N8U6K3S9 ➡️ Questrade - Low Fee Investment Platform Canada ($50 cash back) - https://questrade.sjv.io/AWa9jo ➡️ Borrowell - Free Credit Score Check - https://api.fintelconnect.com/t/l/612... The links above are affiliate and/or referral links that provide us compensation when you use them to sign up. Thank you for supporting our channel! ⭐️ Check out our free budget template - https://stephandden.com/free-budget-t... Website - stephandden.com Instagram - @stephandden TikTok - @stephandden ➡️ YouTube Filming Equipment - https://amzn.to/3HrWA4i ➡️ YouTube Editing Equipment - https://amzn.to/3RXBsri The links above are affiliate links - Steph & Den are Amazon Associates and we earn from qualifying purchases. Disclaimer - This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.