Purchasing a vehicle is one of the most important financial decisions many Canadians will face. As new vehicle prices continue to rise and economic uncertainty grows, many shoppers are turning to used car dealerships for their next purchase. With competitive pricing, a range of models available, and dependable service, these dealerships make a smart choice for budget-conscious shoppers.
Affordable but not at the expense of quality
An advantage in buying from a used car dealership is how much money you save. New cars lose value quickly, with as much as 20% of their value gone in the first year and up to 50% gone after five years. Also, when you buy an old car, they do not face this huge depreciation anymore unlike new car, thus saving buyers a lot of money for a high-quality car.
Many reputable used car dealerships will offer certified preowned vehicles that have passed extensive inspections and refurbishments to reach a certain standard for quality. These vehicles typically include a longer warranty, giving a buyer extra peace of mind.
All types of vehicles available to fit all needs
Used car dealerships typically have a huge inventory of makes, models and years available, unlike private sellers, who only have one or two vehicles to offer. Whether practical sedan, spacious SUV, or rugged pickup truck to tackle Canadian winters you seek, dealerships offer myriad options to suit your wants and wallet.
A lot of used-car dealerships also offer detailed vehicle history reports, which allow buyers to check for past accidents, previous owners and maintenance records. This enables buyers to have a complete view and not end up getting a car that has undiagnosed issues in it.
Flexible financing options
Compared to a new car, conventional financing is more readily available for a used car, as lenders consider used cars much less risky investments. Most used car dealerships are partnered with many financial institutions to provide competitive financing rates and flexible payment plans to suit a buyer's credit profile.
For customers with less-than-perfect credit, many dealerships also offer in-house financing or “buy here, pay here” programs that help make car ownership feasible for customers who might otherwise be priced out of the market. This flexibility makes it possible for more Canadian s to find solid transportation without having the stress of getting an external loan.
Certified pre-owned programs
Most used car dealerships in Canada have certified pre-owned programs that provide reassurance to buyers worried about reliability. Vehicles are exhaustively inspected usually up to 150 points and they come with manufacturer-backed warranties. Others add benefits such as roadside assistance and exchange policies to give buyers added peace of mind with their purchase.
Trade in features for more convenience
A used car dealership has another benefit: you can trade in your existing vehicle. Dealerships evaluate your trade-in and credit you the value toward your new purchase, making it less expensive overall to finance or pay cash for your new car. It's quicker and easier than selling a car privately, when we have to advertise, meet potential buyers, and haggle over prices.
Guidance and support from experts
Used car dealers employ sales professionals that have been trained to hold the buyer's hand throughout the process, which a private seller simply cannot do. They have great knowledge and insights on which stance is best for particular needs, finance plans and after sales services. Most dealerships also have service centers, which can provide maintenance packages, repairs and extended warranties to keep your vehicle running at its best.
Smith Jones is the author of this Article: To know more about used car dealerships please visit the website.