Whenever you make a big investment, it’s important to do it in the smartest way possible. Every bit of savings you can get counts, especially when you’re undertaking a substantial expense, like when buying a car.
There are tried and true ways of making the costs easier to bear, plus some new dealerships have special programs designed to give peace of mind to the used car buying process.
Here are a few savvy ways to get some big savings on a reliable used car you’ll love driving for years.
Trade In Your Old Vehicle
Whenever you buy a car, the question of what to do with the old one inevitably arises. Is there someone you know who needs it? How well does it still drive?
Most often, there isn’t really anything to do with it but sell it. Some dealerships will buy your old vehicle outright, no matter what make or model, and no matter what shape it’s in. Check out this vehicle trade in calculator to see what your old car is worth, and you can get an immediate picture of the savings you can get when buying your next used car. The dealership should have software that ensures you get the best trade-in value possible, and should guarantee a market-leading rate.
This is a great way to buy a car you’re truly excited about driving, while maximizing your return on an obsolete vehicle.
Buy from a Certified Pre-Owned Program
Some car dealerships offer special programs on used vehicles which make it possible to buy a car at used prices with the warranties and coverage you usually only get when buying a car new. For example, the Mazda Certified Pre-Owned program includes a 7-year Limited Powertrain Warranty on all vehicles purchased in the program, as well as complimentary roadside assistance anywhere in North America.
All vehicles in Mazda’s Certified Pre-Owned program have also undergone a thorough 160-point inspection by factory-trained technicians. If you can manage to buy a used car under warranty for years that has been inspected by the people who built it, that is a smart way to get reliability at an affordable price.
Check the Vehicle History
Whenever you buy a used vehicle, it’s important you know the service history of that specific car. Has it been repaired several times after collisions? Try to figure out what happened in its previous life that made its last owner want to get a new car. You want to avoid damaged goods.
Every reputable dealership has a legitimate company provide a history report for every vehicle. Factoring in the car’s specific history has to be weighed against the price of the vehicle.
Driving involves paying fees for parking, fuel, insurance — if you can save dramatically on the price of the car itself, it’s an important way to make transportation more affordable. If you keep the above tips in mind, you’ll manage to get a great deal on a used car you love that’s not only reliable but is even covered under warranty.