Misconceptions About Used Cars
When it comes to buying a used car, a lot of people worry
about what problems and issues could come with the car they are considering.
They worry that the car they want will not live up to their expectations, and that
they will later come to regret being stuck with it. The hope is to find the one
vehicle that will not end up being a money pit a few hundred miles after it’s
bought. Buying a used car does take a bit of research before you make a
purchase. However, it can be a very sound purchase when you make an educated
choice as to what vehicle to go with. Here are some of the most common
misconceptions surrounding the purchase of a used car, and what you need to
know to protect yourself.
Used Cars Have Problems, Which Is Why They Are Being Sold
While there are some people who do sell their cars when
they start to have problems, most people don’t. The majority of people sell
their cars for much simpler reasons. For example, when a child begins to drive
on their own, a smaller vehicle is often a better choice. When a family gets
larger, a bigger vehicle is often necessary. Some people like to buy a new
vehicle every few years, so they simply sell or trade-in their old vehicle to reduce
the cost of their new vehicle.
Just because an older car is for sale, it doesn’t mean it
has been in an accident or that it was not maintained properly. Talk to the
person selling the car to find out the reason behind the sale. If they say that
it had all the proper maintenance, ask for the records and receipts to show it.
That way, you get the peace of mind that comes with buying a well-maintained
Background of Used Cars is a Complete Unknown
Many people worry about buying a used car because they do
not know its history. What if this car was involved in a crash sometime in the
past, or perhaps it got flooded? How in the world is a used car buyer supposed
to know the background of the car they plan to buy? Luckily, in today’s market,
you have the option of getting a report on the vehicle; with Carfax being
the most well-known company providing that service.
What you do is put the vehicle identification number (VIN) into
the system and pull up a report of every time that vehicle was involved in anything
that might generate a report. It could be an accident report, or it could be a
report that was created for work done on the vehicle. Floods, fires, fender
benders, and maintenance can all come up on a vehicle report. So, if you want
to find out what happened in a vehicle’s past life, consider getting one of
these reports to soothe your mind.
3. A New
Car Would Be a Better Monetary Investment Than a Used Car
This is one of the most common misconceptions out there.
The truth is, the very second that brand-new car leaves the dealer’s car lot,
it depreciates. It does not depreciate by a tiny bit, either. Your car loses as
much as one-third of its value the second it leaves the dealer’s property. So,
your $30,000 car is now worth approximately $20,000 in less than a minute. That
right there can make a used car a much better value. If your car is worth $10,000,
and you pay $10,000 for it, you got your vehicle at a good price. Over the next
year, with good care and maintenance, you may lose 5% of what your vehicle was
worth. That means that over a year, you lose significantly less money on the
value of a used car over the value of a new one.
Cars Need to Have More Insurance Coverage
Many used car buyers worry about having to have more
insurance coverage to help them be prepared for the what-ifs of a used car. Insurance
premiums are determined by a few different factors; the age of the vehicle,
where you live, how many policies you have with your insurance company, and the
history of the vehicle all play a part in the price. Some even worry that
things like adding a roadside assistance plan to a used car policy will be
expensive, however, the cost of adding roadside
assistance is often less than $50 per year.
Cars Will Have Many More Features
This misconception totally depends on the vehicle you plan
to buy. If you are buying the base model of a new car, the features you may want
probably won’t be there. However, if you buy a top of the line used car, the
features it has will likely be more prevalent than the base model new car. You
need to decide what operational, safety and luxury features are must-have items
for you. Then, look for vehicles with those features first. That way, you get
the features you want, without having to pay the higher price of a new vehicle.
Cars Are Totally Unsafe
This, again, depends on the vehicle you choose. Each car
has specific things about it that either make it safer or not as safe. Look at
the features you want in terms of safety, and find vehicles with those
features. Much like the features you can look for that make the vehicle more enjoyable
to drive, safety
features are all over the place. Many safety features are required,
but some are still optional. Figure out which ones you need most, then look for
vehicles that have those items already installed.
Buying a used car does not have to make you nervous. All
you need to do is make sure you have done your homework prior to starting the
process. Look up what things you want and need, then search for a vehicle that
matches, instead of doing it the other way around.
At Eden Autos, we are committed to providing every customer
with peace of mind and confidence that they are getting a dependable pre-owned
vehicle. Every car and truck in our inventory comes
with a 5-day unconditional money-back guarantee, a Carfax
Report, and a 3-month or 4,500-mile bumper-to-bumper warrantee.
We are conveniently located in on Roosevelt Blvd. in Northeast Philadelphia,
and our professional staff is
always available to help you find the best vehicle for your needs, with
that’s within your budget.