Used Car FAQs
If you need a car, but you lack the necessary funds to buy new, then you should look into buying a used car. With the right research and knowledge, you can buy a quality used car that caters to your needs while also saving on cost. Below, we will be answering some of the most frequently asked questions related to used cars.
What is the difference between certified pre-owned cars and used cars?
The main difference between certified pre-owned (CPO) vehicles and regular used vehicles is that CPO vehicles provide buyers with greater reliability. Dealerships that are affiliated with manufacturers are the ones that sell these types of cars. CPO cars go through an extensive inspection and maintenance process prior to going on sale. Moreover, these cars come with a factory approval stamp, warranty, roadside assistance, and many other features. While you may have to pay a higher price for certified pre-owned cars, you can rest assured that you are taking home a car that performs well and is backed by the manufacturer.
Where should I buy used cars from?
While there are many used car sellers, dealerships are the most secure place to make your investment. A well-established dealership thrives on its local reputation; because of this, they focus on providing exceptional services. Along with getting a wide range of used car options, you will also be provided with many impressive services such as warranty, roadside assistance, and more.
How do I choose a reliable dealership?
Use the Internet to search for top dealerships in your area. Check their websites to see which dealership offers the most comprehensive services and whether or not they match with your needs. Along with positive reviews, look out for user complaints and see how they have been addressed.
You should also be open to references from family and friends. A personal visit to the dealership is always a good idea as well. By learning about their offerings and understanding how they communicate with their customers, you will be able to determine whether or not you want to associate with them.
Is a used car warranty useful?
A used car warranty can be highly beneficial for you as it can end up saving you a lot of money in the long run. With a used car warranty, you can repair and maintain certain aspects of your vehicle for a specific time period without paying any additional money. You should also check whether or not the manufacturer's warranty is still active and transferrable. This way, you can save money on buying a separate warranty. However, when you buy a used car from a good dealership, the warranty is generally included in the package.
How to finance a used car?
Dealerships, credit unions, national banks, community banks, etc. offer financing for used cars. The interest rate will vary based on the institution as well as your credit score. Make sure you compare your options and choose the one that fits with your circumstances best.