When you decide to buy a used car, there are many decisions you will have to make. However, some of the most important are those related to how you plan to finance a vehicle. Before you start to browse used cars, however, there are several car-buying myths we would like to warn you about that might seriously affect your financial future.
Small Payments Are the Best Option
At first glance, it might seem that choosing the lowest payment choice possible will give you greater financial flexibility when it comes to buying a used car. However, if you have an average-to-fair credit score, lower payments usually come with a long-term loan. These loans can last up to five years, which means you may eventually end up paying more as interest mounts up.
Avoid Dealer Financing
This is one of the most common myths surrounding the used car market, but in truth, there are several advantages to financing with a dealership. If you have poor credit, in-house financing can help you secure a loan you may not be able to get from a larger financial institution. This type of financing can make paying for your vehicle more convenient as well because you pay the dealership directly.
A Down Payment Is Not Always Necessary
There may be times when you need a quality used vehicle right away and do not have time to come up with a down payment. However, if it is all possible, having some kind of down payment in hand when you start shopping is usually better for your financial bottom line. A solid down payment can increase your payment options, the choice of cars open to you and may result in lower payments overall.
Venturing into the world of used cars can be challenging as a buyer. However, being aware of some common buying myths can help you make decisions confidently the next time you are ready to invest in a quality used car.
Finding a used car that is in good condition, fuel efficient and within your budget can be time consuming. After looking at lemon after lemon, you may even be tempted to throw in the towel and buy new. However, don’t give up on your quest just yet. Use the tips below to find a treasure in the sea of used cars out there:
Decide on a Model
Whether you’re shopping new or used vehicles, if you don’t have an idea of what type of car you want, the car buying process is going to take much longer than necessary. Before you start your search, determine what make and model will best serve your needs. Consider how much space you need, what type of gas mileage you’re looking for and your budget to narrow down your search options.
Know Where to Look
There are several sites that list used cars, but how many of them list reliable used vehicles? If you begin your search online, turn to sites like Craigslist, CarMax and Auto Trader. Enter your search criteria, and then make note of vehicles sold by reputable sellers such as used car dealerships. Most used car lots post their vehicles online, making it easier for shoppers like you to narrow down their options without having to go from dealership to dealership.
Inspect and Test Drive
When test driving a vehicle, take it on a route with a little bit of everything—hills, asphalt, dirt, curves and speed. While it’s understandable that you want a car that looks nice, don’t let sleek lines and fresh paint persuade you. Instead, look for good visibility, smooth acceleration, working brakes and overall good mechanics. If you really like a vehicle, and unless you’re a mechanic, schedule a full inspection prior to closing the deal.
Finding a reliable used car can be difficult and time consuming, but by using the above tips, you can speed up the process and walk away with a new used vehicle worth bragging about.
If you are thinking about purchasing a new vehicle, visit our dealership to look at the large selection of used cars we have available. There are some people who assume they have to buy a brand new car when they first purchase a vehicle, but that is not true by any means. You may benefit from getting a used vehicle that meets all of your needs and is still in awesome condition.
Does It Run Well?
There is something far more important than the appearance, make and model of the vehicle you choose. The most significant thing to consider is how well it runs. No one wants to drive down the road in a car that breaks down on them and causes them a lot of stress. You may be able to avoid that by choosing one of our used options because the vehicles have been tested and they do run well. You could even test drive some of the options to see for yourself.
Is It Spacious Enough?
How much space do you need a vehicle to have? Aside from finding something at our dealership that runs perfectly, you may want to find something that is going to offer enough space for you. Because we have a variety of different options for you to look at, you may quickly find something that has just the right amount of space for you and your family. Sedans, minivans and several other options may be available while you are visiting the dealership.
A used car could be just right for you depending on what you need and how much you would like to spend. There are some things you should consider ahead of time, such as how well the vehicle runs and how much space it has to offer to ensure everyone in your family would fit perfectly inside of it. After taking these things into consideration, you may be able to find an amazing car right at our dealership.
First time car buyers can have an improved car-buying experience by keeping a few industry tips in mind. Used cars can provide great value to a new driver, but the car’s seller also carries importance in the transaction. A car dealership can offer many benefits far more easily as part of its business model. Finding the right used car at a dealership might make a first-time used car owner’s shopping experience more productive.
Used cars in general provide increased reliability, based on the fact that such a car has already been on the road for a period of time. It stands to reason that a used car would then continue to remain road-ready, since it already has worked for the period it was owned. Getting a used car might be a good indicator that a person’s purchase will work as intended.
Car dealers are in the business of providing good deals for car owners. While often it is difficult to negotiate too much with something such as market prices, dealers can provide other benefits. A car lot’s amenities and services could provide added value through incentives including changing the car’s oil, increased coverage or even minor aesthetic improvements. Buying used cars from a dealership can have several such benefits, though not all consumers are aware of these added bonuses, nor can all dealerships offer every aforementioned service.
Shortened Loan Terms
Many car dealers also provide financing for used cars with decreased terms. That means a used car, which can already be a good deal for many people, may be paid off earlier than other cars. This payment has the effect of hindering interest from building up and costing more than necessary.
These industry tips can help a used car owner receive the deal he or she wants in a shorter amount of time and make shopping for used cars more easy.
If you’re attending college and need a quality used car to get to and from campus and other important appointments but don’t know where to begin, you aren’t alone. Many college students are unsure about how to browse used cars and find one that’s the right fit for their budget. There are many factors to examine, and it’s a commitment that should be considered carefully. If you’re ready to begin, we’re here to offer you some top tips for buying a used car while attending college.
Consider Future Debt
Before you start browsing used cars, you might want to consider how close you are to finishing college and whether you will have student loan payments. While it might be difficult to gauge the size of your loan payments, having some idea of what you will be paying can help you understand what type of car payment you can afford. You may also want to think about what kind of employment you will have and how it might affect your budget.
Research Fuel Efficiency
Not all used cars are created equal, and since you want to get the most for your money, you may want to do a bit of research on which cars are the most fuel efficient. This can be especially important if you have a daily commute to campus and then to your job, as you will probably be filling your tank at least once a week. We can also give you some information on which of our quality cars are the most fuel efficient.
Offer a Down Payment
If it all possible, try to build up a down payment. Even having a few hundred dollars to offer can help lower your monthly payments. Having a trade in can also help you save money. Planning ahead may be useful in saving up a sizeable down payment, especially if you take steps to budget carefully.
Buying a car while you’re in college can be daunting. However, when you plan carefully and know which used cars are most suited to your lifestyle, choosing one can be an enjoyable experience.
Used cars are gaining a better reputation among consumers. Now is a good time to buy a used car. Today’s vehicles are made better and last longer. Also, pre-owned autos offer several benefits. Below are three reasons why a used car may be right for you.
Gain a Peace of Mind
Buying a used car is not as risky as it used to be. There are companies that maintain records of a car’s history. You can access this information as long as you have the vehicle identification number (VIN). With this, you’ll receive a detailed report with data ranging from the number of previous owners to past accidents. When you do this background check, you’re less likely to purchase an automobile with lots of problems.
Cut Insurance Costs
Used cars save money on insurance. The value of your auto determines your insurance rates. Older model vehicles have a lower market value. Because of this, the premiums are lower. Additionally, you can remove certain types of coverage, such as collision and theft, which further reduces your monthly policy payments.
Drive a Luxury Car
You can drive your dream car without breaking the bank. Buying a used luxury auto comes with a lower price tag. Also, you never have to worry about driving an automobile that looks outdated. The reason is that car manufacturers don’t do yearly redesigns. This is good news for you. You can drive around in a three-year old high-end vehicle that still looks brand spanking new – without paying a hefty cost.
A used auto is full of advantages. You get a quality vehicle at an affordable price. You have access to the car’s history. You can lower your insurance premiums. You can drive a luxury car that’s budget-friendly. These are just a few reasons why people are buying used cars. A pre-owned vehicle simply gives you the best return on your investment.
The decision to buy a car can be quite exciting. Buying a vehicle can help you to take advantage of your life in new ways and create a sense of ease about getting from one place to another. Still, there are several important factors to take into consideration when purchasing used cars. You want to make sure that you get the best possible option for your needs. This means you really need to put in a bit of legwork before you come to your final decision.
Before you even hit a used car lot during your search, you are going to want to think about what you hope to achieve with investing in your ride. For example, there is a good chance that you are looking to buy a car because you are sick and tired of taking the bus back and forth to work. You may not have any plans on using the vehicle outside of this capacity. This means that you can consider used options with more mileage for your needs.
If you have a family, it is also important to think about what your family will gain from this purchase. When a household relies on one vehicle to get everyone from place to place, it can create some seriously tense moments. Buying a used car can help you to provide your family with a bit of relief in regards to transportation. Be sure to consider spacious options to get the most from your investment.
The decision to buy a car will definitely be an exciting one. When you are searching for the most practical used options for your future, be sure to think about your specific needs. Think over how you might be able to get better results from your search simply by thinking over a couple of basic points. The more time that you are able to spend thinking over your purchased of a used ride, the better the results stand to be.
While a used car is undoubtedly the way to go when it comes to buying a vehicle, you’ve got to shop smart to make the most of its many advantages. Map out your strategy well before heading to the used car lot to ensure you’re well-pleased with your final decision.
Focus on Redesigned Models
To make the most of new car technology, start your used cars search with models that have been recently redesigned. While the older used model might not necessarily look the same as a brand new model, it’s likely to be a bit more affordable. If it’s a hybrid model you desire, you’ll want something that’s four to five years old. The reason for that is hybrids usually only hold their value for the first three years.
Consider Rental Cars
Be sure to ask if the dealership has rental cars for sale. While it’s understandable that you might cringe a bit at the thought of buying a rental car, know that they’re often well-maintained and sold when they’re just a year old. There’s also the fact that rental cars are usually driven by business people, who are well-known to drive conservatively. Specifically, you’ll want to start your search for a used rental car in the fall when the new models often come out.
Go for a Certified Pre-Owned Car
It’s best that you opt for a certified pre-owned car, mainly because they often still have their warranties and have been checked out by knowledgeable mechanics. If you decide to get an extended warranty, it’s best that you haggle on the price to get the best deal, mainly because you’ll want to recoup as much of the cost of an extended warranty as possible.
Used cars are a great option for nearly every driver. Be sure to put these tips to good use to get the best deal and the best car for your individual needs.
Most informed consumers have long known that, generally speaking, newer cars have better fuel efficiency and lower emissions than older models. They may also believe that purchasing a hybrid or electric car is surely the most environmentally conscious choice. However, the ongoing efforts to make cleaner, more efficient autos has been going on for decades now. From minivans to SUVs, many pre-owned vehicles now have MPG (miles per gallon) ratings that are comparable to even the newest models.
Another important consideration: the environmental impact of any given car also must account for its manufacture and disposal. In fact, the automotive industry itself has performed research indicating that somewhere between 12 and 28 percent of the total carbon dioxide released during a vehicle’s lifespan comes from the assembly process and distribution to dealerships. That means that when you purchase a pre-owned car instead of a new one, you reduce your carbon footprint in two ways: you bypass the polluting effects of manufacturing and delivery, and you keep one more valuable resource from being prematurely scrapped.
Hybrid and electric cars are marvelously fuel and emissions efficient. However, with today’s technologies, there are still a few significant trade-offs. Hybrid cars are more expensive to manufacture, and they often rely on lithium-ion batteries containing nickel or cobalt. While innovative, the mining practices associated with creating these batteries has been deemed extremely destructive to the environment. In 2013, the United States Environmental Protection Agency concluded that batteries that use cobalt and nickel have the “highest potential for environmental impacts” in future years. Finally, fully electric cars, while themselves emission free, still need electricity from outside, meaning their actual carbon footprint will depend on the “greenness” of the energy source.
If your car is already decades old, replacing it is probably the more sustainable choice. However, there are plenty of used cars built in more recent years that can still compete with new autos in terms of overall environmental impact.
The new BMW I8 really has a stunning design, but that isn’t all it has to offer. It also comes with a ton of new technology underneath all of that and it also has a plug-in hybrid powertrain as well. This, combined with how efficient it is in general just goes to show why BMW are one of the top car makers around. Of course, you also have the running gear which is very unique. It comes with a 3 cylinder engine and it also has all of the classic design cues that make BMW everything that they are today. So let’s take a look at the design.
The I8 includes a lot of elements that can be seen in nearly all of the traditional BMWs. You have the two kidney shaped grills at the front and you also have the I sub brand as well. of course, this means that you have wing shaped fins at the back and it also means that you have the blue trim accents as well. You have a groove that can be seen between the upper and the lower body work and when you take a look at the I8 you’ll find that this one has a tall wheel span and this helps to reduce any aerodynamic drag that you might experience
Time to move on to the interior. The interior to this car has some very recognisable BMW traits and this is very much the same with the other cars that BMW have released. You have very unusual veneers on top of this, and this includes wood and fabric that is made out of recycled content. All in all, this car is not one to be missed, and should certainly be on the top of everyone’s watch list.