The next time that you’re buying a
car, it might be a wise decision to buy one that is “new” to you. And many
drivers are following this philosophy. As used car sales are up 3.3% for the
third quarter of 2016, according to Edmunds.com.
The average used car price has also
risen recently as well to $19,232, as the market has had many almost-new cars
added to the pool.
"Used is always,
financially, the best thing to do, You're avoiding that steep depreciation that
takes place on a new car."
- said Ron Montoya,
senior consumer advice editor for Edmunds.com.
What is
a fair price to pay for a used car? Well it’s not as cut and dry as many would
think. The same make and model year, used-car values vary based on the
features, mileage, condition and local demand. Look to pricing sites and apps
like Edmunds.com, Kelley Blue Book and others to get an estimate.
Another
tip is to buy from an individual seller, as individual sellers might be more
open to negotiating. But that only works if you have the money or you can try
and reach out to lenders on your own, and many times dealerships do that work
for you. The main benefit of a dealership is the vehicle inspection and often
they have already fixed any repairs that need to be done on the vehicle.
But no
matter what, before you buy, take a look at the vehicle history report through
a service like Experian's AutoCheck or Carfax. All of our vehicles here at
Drivers Choice have gone through a multipoint inspection and a vehicle check in
the vehicle the first time you open the door.
Check
out the great pre-owned vehicles that Driver’s Choice has to offer and contactus today to test drive your next vehicle.
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