Types of Used Cars You May Want to Consider Buying

As your family grows, and your children become old enough to drive, you may find that you need another vehicle. Rather than spending money on a new car, buying a used car is a good option if you just need something for your children to drive to and from school. A good used car can last for several years depending on its condition when you buy it.

Buying a Used Car

When you’re in the market for a used car, you can either buy one from an individual seller, a used car lot or a new car dealership. Dealerships usually have a wide selection of used cars on their lots, many of which their customers traded in when they purchased a new vehicle. There are several types of used cars available at most dealerships.

Certified Pre-Owned Cars

At most new car dealerships, you will have the option of purchasing a certified pre-owned vehicle. Many car manufacturers allow certain late model used cars to undergo a thorough inspection, after which any issues found with the cars are addressed and refurbished according to their standards. Once the repairs are made, the cars are certified as pre-owned and put on the dealership’s lot with other cars for sale in Canberra.

There are several advantages to choosing a certified pre-owned vehicle over a typical used car. In most cases, a car that has been certified as pre-owned will come with an extended warranty, and it may qualify for special financing from the manufacturer. Since the cars have been refurbished to the manufacturer’s standards, it is almost like buying a newer late model car, but for a much better price.

Trade-ins

A trade-in may be another good option for you when you’re in the market for a used car. Any trade-in that makes it onto the lot at a new car dealership is usually a late model car that someone has put toward the price of a new car. The condition and age of the car are assessed before the customer is given a value for it, and then it will either be put into the inventory on the dealership’s lot or taken to a used car dealership to be sold.

Demo Cars

Another type of used car you should consider purchasing is a demonstrator, or demo, car. A demo is a new car that has been used for customer test drives, or it may have been driven by the dealership’s salespeople or a manager. Since it has mileage on it, the car cannot be sold as new, but it isn’t considered a used car because it hasn’t been registered. Demos will come with the manufacturer’s warranty and any other applicable offers, so it is almost like buying a new car for thousands of dollars less than the suggested retail price.

If you want a good used car, you should consider a demo or certified pre-owned vehicle. This way you get many of the benefits of buying a new car, without the new car price