What Are Your Different Options when Buying a Used Car?

Shopping used is the perfect way to get into a great vehicle at a great price. But with all the different ways you can purchase a used car, where do you start? Let’s take a look at the different options available when it comes to buying a pre-owned vehicle.

Know Your Options and Your Needs

As with any big-ticket purchase, consider your needs first and then shop with your needs in mind. There are many different automotive retailers today, ranging from your traditional dealer to online platforms. Knowing what your needs are will help you narrow down which is the best place to shop. Let’s look at the differences between shopping at a traditional dealer, a used car lot, online, and a private seller.

Shop Your Local Dealer

Visiting your local car dealer is a great way to buy a used vehicle. Reputable dealerships across the nation offer certified pre-owned cars that have undergone a multi-point inspection by trained technicians. If you’re new to the car buying process, shopping certified used gives you peace of mind because you’re buying from someone you can count on.

Shopping with your local dealer is another great way to finance a vehicle too. Local dealers have Buy Here, Pay Here financing options that fit all sorts of budgets.

Visit a Used Car Lot

A used car lot is another great place to find a used vehicle at a budget-friendly price. Used car lots specialize in pre-owned vehicles only. Because of this, you’ll find a range of makes and models to choose from. Used car lots also have their own financing options for shoppers who are on a tight budget. Additionally, used car lots will typically have more deals and incentives running throughout the year so that you can look forward to greater savings.

Try Online Used Car Retailers Like Carvana

If you’re looking for comfort and convenience, shopping online national brands like Carvana can be a great way to buy a used vehicle. Carvana offers some pretty great deals and incentives with added conveniences like curbside delivery. Because these national brands serve all parts of the country, you’ll have the power of choice as you will likely be able to find the year, make, and model you’re looking for. Ultimately, an online auto retailer is an ideal route to go if you are wanting a used car but don’t want to spend too much time browsing around a car lot.

Know Your Stuff? Go With a Private Seller

This last option might not be the best for everyone, but it’s certainly one of the best ways to get a great deal. Shopping from a private seller can be a great way to score big savings on a pre-owned vehicle. However, you’ve got to know your stuff or have someone with you who does.

Unlike a dealership, you really don’t know what you’re going to get when you purchase a vehicle from the owner themselves. It’s important that you do your due diligence and inspect the vehicle thoroughly.

Purchasing from a private seller also means that you’ll be very limited in your financing options as you’ll need to pay full price upfront. Often, drivers will have saved up a specific budget or will use a personal loan to finance the vehicle. Lastly, if you do buy from a private seller, no matter how experienced you are, it’s always best to bring a certified mechanic that can give you a final inspection of the vehicle as well.