The Best Place to Purchase Pre-Owned Cars?
Are you searching for the best place to buy a pre-owned car? Purchasing a pre-owned car, truck, SUV or minivan is a good way to save you a fair bit of cash. The process of finding a vehicle, however, can seem quite daunting and stressful. Unless, of course, you know the right place to purchase a used car. We've reviewed the usual places to buy a pre-owned vehicle. Now you can be confident that you can decide the appropriate option for your situation.
Where Can You Find the Best Deal on Used Vehicles
Not so long ago, hunting for a pre-owned vehicle was a relatively simple process. Go to the dealer nearest to your house, pick out your 'new' vehicle, apply for the financing, drive it home, wash, rinse, and repeat every few years.
That was then... We now exist in an entirely different time...
Twenty-first century used automobile buyers now have more choices available to them than ever before. To help you sort through all the choices, our experts would like to help. Let us take a closer look at all of the options that today's contemporary pre-owned vehicle purchasers have to face.
At Which Places Can I Buy Used Automobiles Near Me?
The quick (and traditional) answer to this query is to check out the used inventory at a new auto dealer. However, when you consider the growing number of auto dealerships, even that answer can hurt your brain. Plus, let's not forget about the privately-owned used car lots that dot the automotive terrain to add into the equation.
For those that choose not to deal with car dealers at all, there is always the option of purchasing a used car from a private or individual seller. Last but not least there is the growing amount of internet-based pre-owned car shopping websites. These do a great job of making the whole thing appear and sound extremely convenient and easy.
Therefore, with all these used automobile buying options comes the ultimate question: Where is the best place to buy a top of the line pre-owned automobile nearby?
The Perks of Purchasing Used Vehicles From a Neighborhood Car Dealership
Shopping from a used car from a local dealership might seem like one of the most pricey choices on the list, but before you reject the idea at the start, you might wish to think about the benefits a car dealership provides to pre-owned vehicle buyers.
Here are simply a few of the key advantages to buying a previously owned car, truck, or SUV from a franchised auto dealership:
- Franchised auto dealerships want repeat buyers. Intentionally marketing overpriced 'lemons' produces the precise reverse of that. You won't likely find that here.
- Name-brand dealers must follow a strict set of company and legal|lawful constraints versus fraudulent selling techniques. Cheating their clients doesn't simply cost them repeat buyers, it can cost them their whole organization, or lead to steep fines by regulators.
- With really unusual exemptions, car dealerships almost always have a group of extremely trained mechanical professionals on hand who check as well as repair every pre-owned car in their stock prior to putting them on the car lot.
- Car Dealerships likewise have financing teams with accessibility to a healthy and balanced network of banks all focused on one purpose - to help get you into the automobile you want.
An additional advantage franchised car dealerships offer are unique offers on Certified Pre-Owned (CPO) cars, trucks, SUVs, and minivans:
- CPO cars, trucks, SUVs, and minivans are extensively checked as well as fixed, as required. This substantially reduces the risk that you're buying another person's mechanical problems.
- Pretty much every CPO automobile will have service warranties and guarantees that you merely can't get from the rest of the used car purchasing alternatives.
- You will also be provided with a thorough car background record with all used cars, and especially with Certified Pre-Owned inventory.
While the cost on an auto dealerships' pre-owned or Certified Pre-Owned (CPO) cars, trucks, and SUVs may be a bit greater than, say, an independent vendor, each pre-owned vehicle shopper should consider how much they are willing to invest in the peace of mind and also finance assistance you can only enjoy at a name-brand, franchised auto dealership.
Things That You Need to Take Into Consideration When Shopping At a Used Car Lot
Allow us to face a few realities. The price tag on privately owned pre-owned car lots can be tough to turn down. And, if price is your only factor to consider, then you'll most likely enjoy a better money-saving offer at a nearby used car lot than you may get at a new dealership. At least on the front end.
Yet, there are some pretty considerable threats involved in purchasing from an independently owned used car lot. For instance:
- The risk of buying a 'lemon' is much higher. Used car lot 'inspections' are not virtually as complete as a car dealership's, generally talking, neither are private used car lots as anxious to spend money on mechanical repairs on their inventory.
- The majority of private, car lots aren't as worried regarding repeat shoppers as most traditional auto dealers. Aftermarket customer service is typically less than top quality, especially if you run into mechanical concerns with your 'brand-new' car or truck.
- The majority of used car lots either do not have on-site finance help or they have very limited financing alternatives readily available. You can definitely pay for a pre-owned or used vehicle by yourself with your personal financial institution or lending institution. Yet, you might find your financial institution of choice isn't as excited to help you in financing a used car or truck as they are a new one.
- Private used car lots cannot provide manufacturer-backed Certified Pre-Owned (CPO) auto inspections, warranties, or deals.
Buying from used car lots comes down to trusting the vendor to upfront as well as back up their promises and assurances they made when trying to sell you that 'best' car.
What Can Private Sellers Provide Used Automobile Purchasers?
Once more, if sticker price is your most important factor when buying a pre-owned vehicle, then a private vendor is more than likely the most effective alternative. When you consider the reality that a lot of independent sellers are a lot more worried about unloading their cars and trucks instead of making a living marketing automobiles, you can absolutely find some incredible offers utilizing this choice.
Nevertheless, there are some points you'll wish to consider before purchasing from a private seller:
- This choice is the most 'buyer beware' scenario considering that independent vendors provide no warranties about the car, truck, SUV, or minivan's condition.
- If there are any kind of technical problems or concerns with the automobile when you buy from a private seller, they will be your own to take care of when you take ownership of the vehicle.
- A lot of independent vendors use no vehicle history records. You can absolutely look into the car or truck's history yourself, however, you're most definitely on your own with this process.
- Independent vendors do not normally examine and/or fix their car, truck, SUV, or minivan before putting it in the marketplace. Your personal mechanic can provide it with a once-over or checkup. However, if you're looking for a comprehensive, bumper-to-bumper evaluation, you're looking in the incorrect place.
This is a DIY procedure. Even when performing your own research, examinations, and finance. The danger of spending your hard-earned loan on a money pit is very high when purchasing a pre-owned automobile from an independent vendor.
What are the Advantages & Disadvantages of Online Car Buying
Web-based auto purchasing is not brand-new in 2019. Most auto dealers have used online purchasing choices for more than a few years. But, what is new is the growth of online pre-owned car sites that focus on offering used cars, trucks, or SUVs. These answers avoid the hassle of taking a trip to a car dealership or independent owner to wrap up the sale. Here are the good, the bad, and the ugly truths about web-based pre-owned car shopping:
- The majority of internet-based used automobile purchasing can be completed in about an hour, financing included, without the purchaser ever having to leave their own home.
- Web-based sites will deliver your new car or truck right to your front door. This is the very definition of 'ease'.
- The majority of online sites provide a short time-period for you to test the car, truck, or SUV. If you are unhappy, then you can send it back for a full refund, no charge to you and no questions asked.
- There is no chance to test drive or evaluate your car before delivery. While some websites do their most to supply images, or even brief video clips of the car or truck you're interested in, images are unable to capture everything. Also, a video cannot take the place of an actual test drive.
- Anxious to take your new purchase out for a spin? You've got a little bit of a delay in store. Sometimes it can be a couple of weeks, considering where the car or truck is being acquired from.
- Talking about shipping, you'll definitely need to pay attention to the shipping fees on your invoice prior to signing.
The Worse Than Bad:
- So, what occurs if you've purchased a lemon? Most online dealers do not have aftermarket repair service solutions.
- Does the automobile you're getting on the internet abide by the auto emissions guidelines in the state you stay in? This can be an expensive oversight.
The Bottom Line:
The appeal of internet comfort can often mask possibly pricey issues. Not to mention extreme stress when trying to solve them through a solely web-based car website.
Is a Car Dealership a Great Place to Get Used Car and Truck Financing?
Whether you're buying a new, used or Certified Pre-Owned vehicle, many dealers offer used car finance alternatives. Advantages to finance through the car dealer are:
- Complete contracts at the car dealership rather than going back to the bank.
- Obtain exact same, or sometimes much better, finance rates than a bank or credit union.
- Sometimes you can take advantage of some rewards provided by the OEM on Certified Pre-Owned (CPO) cars or trucks. This is something you definitely can not receive at a used car lot.
You Deserve a Lot More
There is much more to think about when buying a pre-owned automobile than just the time you save and the cash you spend. If you're trying to find more from your used car, truck, or SUV shopping experience, then the car dealership has the auto know-how and customized solution you require to make an informed pre-owned car purchase.
For additional information on searching for your following pre-owned automobile, call our pre-owned sales team or have a look at our pre-owned supply.