To get the biggest value when you buy a car you might consider buying a pre-owned vehicle. The first owners have likely already had to deal with the depreciation, allowing the next buyer to pay less than when the vehicle was new. Buying a used vehicle usually gets you a higher trim level of the vehicle you desire. On the other hand, there may be some doubt when it comes to purchasing a pre-owned car. Used vehicles could have repair needs, maintenance intervals may be near, and it may not have any factory warranty remaining. Plus, loan rates generally are lower on new vehicle purchases. To this extent, it is important to have a plan before you buy to figure out what you need, how much you can afford to pay, and to locate a credible dealership to purchase your next car from.
In most cases, our finances trump what we want. To make sure you can get the most car for your money, figure out what you can afford to spend before you search for vehicles. You need funds for a down payment, how much money are you ready to use? Use a loan calculator and run some numbers to find your ideal payment. Better yet, get pre-approved for financing BEFORE you come to test drive the car you want. You will have an idea of the payment cost and it should save you time in the end.
The right deal does NOT always come with the cheapest price. Buy-Here-Pay-Here dealerships might not have the know-how to correctly fix all pre-owned vehicles. Purchase from an established dealership that is not going to vanish when something breaks. Review recent customer reviews to try to figure out how problems are handled and if other shoppers endorse the dealer. Purchasing from a reputable dealership lets you buy your car with confidence.
Narrow down your search by understanding the car you need. If you’ve got a larger family you may want an SUV or minivan, if you are single, then maybe you pick the sports car. Deciding what you want is just the first step, now you have to find one for sale, in the color you like, without too many miles, and in good order. It is not quite as straightforward as buying a new vehicle, but with our selection of used cars we will probably have what you want.
Don’t miss the opportunity to trade in your vehicle. Your old vehicle might be worth money and may even have enough value to give you a down payment. Your trade-in combined with a down payment will get buyers a better deal. We’ll take just about any car on trade, even if it has negative equity. Reach out to us to arrange a personalized assessment of your car.