Tips on Buying a Used Car

 

Picture it- you're driving down a country road in a brand new 2020 model of your dream car make. It's sunny, the breeze is gently blowing, and you're listening to your favorite tunes with zero distractions. While this might be incredibly wishful thinking, buying a new-to-you car can be just as exciting as buying a brand new model. For most, purchasing a brand new vehicle isn't affordable or isn't appealing for a number of reasons. Today, we'll explore a few tips on buying a used car and why it might be the best decision you can make when it comes to purchasing a vehicle.



Making the decision to purchase a used car is the toughest decision to make in the car buying process.
Once you've figured out that you can manage a used car, you'll be on your way to making all of the sub-decisions which will lead you to your new-to-you vehicle.

Used cars are obviously a better deal than new ones, and there are a number of reasons why. As soon as a car hits the lot, the value beings to depreciate. A newer car will often be much more expensive than a car which is already a couple of years older. Better yet, if the car is pre-owned, the chances are that the price will be even lower, simply due to natural wear over time, and value depreciation, even if the car has been kept in excellent condition.

You'll get so much more for your money.
When you buy a brand new car, you're spending top dollar for bare minimum wants and needs. When you resign yourself to purchasing an older model of the same make, or even a comparable make and model of a newer vehicle, you'll be able to walk away with lots of add-ons and features that you might not have been able to afford if purchasing a brand new car.

Be willing to make trades.
If you have a vehicle to trade in, you'll have more money in your pocket when you're ready to make your pre-owned vehicle purchase. This might allow you to slightly upgrade to service packages at the dealership, or even to upgraded features in the actual vehicle. It could be the difference between purchasing a standard size SUV, and being able to upgrade to a larger one with an optional third row for extra seating.

Be willing to walk away.
One of the hardest pieces of advice I've learned to take and swallow was from my husband's grandfather, who always reminds us to be willing to walk away if the deal isn't in our favor. This is great advice for everything from purchasing homes and vehicles. As badly as you may want or need a newer vehicle, if the price isn't right, or the car just isn't going to work out in your best interest, it's okay to walk off the lot empty-handed and keep looking, rather than making a hasty decision you might later regret.

Chances are, the sales team at the dealerships you visit will be honest and trustworthy, not to mention knowledgeable and helpful. It's their job to make you feel secure about the purchase you will potentially be making. Don't be shy about asking them questions- they are there to help you. At the end of the day, they want to make a sale, but they also want to make sure that their customers are happy with their decisions.

Brought to you by Pearson Hyundai.


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