Why Drivers Buy Used Cars
New cars these days are expensive and often not necessary when you can get a car that is only a few years old for a lot less money. Used-cars are affordable, and more often than not you won’t miss the small year by year improvements the newer models heavily promote. Buying used just simply gives you more options to choose from since you can go for any year that fits your budget. Used cars also have a much smaller depreciation rate considering the first buyer often takes care of the major first year of depreciation, making a used cars value more stable. You will also save money on insurance by investing in a used car since insurance companies will often skyrocket their prices for new models. In short, drivers buy used cars because used cars in their own way offer more overall value than a new car.
- More Affordable
- More Versatile
- Less Depreciated
- Less Insurance
Getting the Most out of a Used Car
Well, you finally decided it was time to trade in and trade up, but you’ll want to get the best value you can on that used car. Used cars have a lot of benefits so there will definitely be those willing to take them off your hands, such as DePaula Ford, but you still want to get the most you can. Here are a few things every car owner should do to assure they will get the ideal trade in value on their used car.
- Keep up to date on your maintenance schedule
- Research beforehand and come in with a fair price
- Do everything you can to make small cosmetic improvements
- Have all the essential paperwork
Finding a Fair Value
We know we want the best-used car value we can get, but how do we even know what that is? While the experts at DePaula Ford can give you a quick and accurate estimate, no one is knowledgeable enough to create a fair value off the top of their head. Luckily though, the majority of us do have access to the internet which contains a hearty list of resources that will tell us everything we need to know. So feel free to use one or better yet all of these online resources for help getting a fair used car value before you visit your local dealer:
Kelly Blue Books
Kelly Blue Books is as good as it gets when it comes to helping drivers like yourself find the best value for their used cars. Even other automotive sites and dealers use their vast and easy to navigate system to get the best information possible. This resource has been around since 1926 and has been a trusted automotive motive resource ever since. As one of the top automotive resources in the world, KBB has paired with many dealerships and prides itself on its strict research methods. With KBB you can be assured you are getting the best and most up to date used car values.
NADA or National Appraisal Guides, Inc. is one of the more compressive automotive research sites. Offering year by year analysis on model series, NADA is a safe and secure site that makes investigating used cars easy. Just pick the body type, make, model, and year and you will have all the information you need.
Autotrader is also a very well know an automotive resource that allows you to get a reliable estimate on your used car’s value. This site can show you cars for sale, where to find local the best local dealers, financing information, a place to personally market your used car, research about a used car, and of course a value on your used car. Autotrader is basically your go-to middleman for all your car needs.
CARFAX is another giant of the automotive research world. Whether you are looking to buy or sell a used car, CARFAX will allow you the luxury of using their comprehensive and vast vehicle history database for every used car model in North America. Here are a few of the items you can discover with a CARFAX report:
- Title information, including salvaged or junked titles
- Number of owners
- Total loss accident history
- Flood damage history
- Lemon history
- State emissions inspection results
- Odometer readings
- Accident indicators, such as airbag deployments
- Service records (taxi, rental, lease, etc.)