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Getting a pre-owned car might just be the best way to get the max value when you buy a car. The first owners have likely already dealt with the fact of depreciation, allowing the next buyer to pay much less than when the vehicle was purchased brand-new. Purchasing a used car frequently gets you a higher trim level of the vehicle you want. Yet, there may be some uncertainty when getting a pre-owned car. Pre-owned cars could have repairs ahead, scheduled maintenance intervals may be due, and it may not have any warranty remaining. Additionally, loan rates are traditionally lower on new vehicle purchases. To this extent, it’s critical to have a plan before you buy to understand the vehicle you require, what you can afford to pay, and to locate a credible dealer to purchase from.
For many of us, what we can afford takes precedence over what we want. To ensure you can get the most vehicle that your finances allow, figure out what you want to spend before you search for vehicles. You need funds for a down payment, how much money are you willing to spend? Try out an auto loan calculator and run some calculations to find your perfect payment. Better yet, before you come test drive the car of your dreams, get pre-approved for your loan. You’ll have an idea of the payment cost and it will save you time.
The best deal does NOT always mean it’s the cheapest price. Buy-Here-Pay-Here dealerships might not have the knowledge to repair all vehicles. Purchase from an established dealer that’s not going to disappear when something breaks. Review recent reviews and learn how problems are taken care of and if other shoppers had positive experiences at the dealer. Shopping at a reputable dealership allows you to shop for your vehicle with confidence.
Narrow your search by understanding what you need. If you have a larger family you may need a minivan or SUV, if you’re single, maybe you pick the sports car. Deciding what you need is just the start, now you have to find one for sale, without a lot of miles, and in good condition. It’s not as simple as buying a brand-new car, but with our selection of used vehicles we’ll probably have what you are searching for.
Don’t forget about trading-in your current ride. Your current ride could be worth some cash and might even have enough value to provide you a down payment on your next vehicle. Your trade-in combined with a down payment will let you get a better deal. We will take nearly any vehicle on trade, even if it has negative equity. Reach out to one of our professionals to schedule an exclusive appraisal of your car.