Common Myths about Buying Used Cars Debunked
If it’s time to start looking for a new car, budget is one of the factors that could be holding you back. You may have taken off buying a used vehicle from your list because of misconceptions or false information that’s been put out there through word of mouth or the internet. The truth is the negative statements you’ve heard about buying used are most likely just myths. Let’s take a look at 6 common myths about buying a used car and why it’s actually a great option for you.
Used Cars Are Unsafe
Some may think that driving a used car could be dangerous but that’s not the case. There are plenty of ways to make sure the car you’re interested in is safe including researching recalls, obtaining a history report, or asking a mechanic for advice before making a purchase. Many companies also offer annual safety tests as well as verified customer reviews.
Used Cars Are Junk
One of the most common myths is buying a used car means you’re purchasing a piece of junk. There are many reasons why someone would choose to trade in their vehicle. It could’ve belonged to an elderly couple that no longer drives, or a couple that needs more space for their growing family. Not all cars traded in are worthless, they could be a hidden treasure for you!
There are Only Good Deals Online
Online shopping has become super convenient but it’s not the only way to find a great deal on a used vehicle. Seeing the vehicle in person and taking it for a test drive first is always your best bet. Meeting a dealer you’re comfortable with in-person can help you find a great deal and give you the best shopping experience possible.
Used Cars Have No Resale Value
As stated before there’s a multitude of reasons why someone would trade in their vehicle. Selling a used car can be just as valuable if you find the right buyer. Supply and demand as well as trends are all factors in determining value. In modern times electric and hybrid cars are growing in popularity making their value rise. Just because a car is used doesn’t affect its resale value negatively.
You Must Pay Cash
This is false information when it comes to buying a used car. Financing a used vehicle is the same as financing a new one. Making a significant down payment will help you save money on monthly payments and interests, but this doesn’t mean it’s your only option. A trustworthy dealership will offer a variety of ways for you to finance your vehicle.
You’ll End Up Overpaying
Another common misconception about buying used is that you’ll end up paying more than what the car is worth. There are plenty of ways to make sure you know the true value of the car you’re interested in. Research is always more important. Besides looking into recalls and the vehicle history report you can also get a pre-purchase inspection done by an expert.
Now that you know the facts, buying a used car can be extremely beneficial. If you’re ready to put these myths in the past, The Truck Junction is the perfect place to get started. Visit us at 4791 Clark Road in Sarasota, or call our team of experts today at (941) 927-8785 to begin your shopping experience!