When it comes to purchasing something that will see a lot of use, people often lean towards a brand new one. After all, a new car will hold up better and will have the features needed to make your driving experience all the better.
The only set back to this is the fact that not everyone can afford a brand new car. Now, second-hand cars get a bad rap for being old, clunky, and just not worth the money. If all you find around you are ill-kept cars for sale, then you’re probably not looking in the right places.
Now, a second-hand car can work just as well if not better than a brand new car. They are more accessible for everyone thanks to bad credit car financing available for those who need a car and want to start rebuilding their credit.
To help you get the best deal for a used car, today we’re going to debunk some myths about buying a second-hand vehicle:
Cash gets you a better price
You might have come across the saying: “Cash is King”. Because of this, a lot of people believe that paying for a car in cash will give you a better deal. This is just not true in a lot of cases.
Most car dealerships recommend getting a car from them through a dealership. It will be a lot easier for the dealership to process, and it frees you from having to carry a large sum of money to the dealership.
So, contrary to the popular myth, it is much more recommended to get a car through financing than through cash you could have otherwise used for something else.
A warranty or coverage is a scam
When you get a new car, you often get it insured or ensure a warranty comes with the purchase. After all, you will want to make sure that your vehicle is covered in case anything happens.
For most people, they don’t see it the same way when it comes to used cars. The thinking is that the vehicle is already used, the additional warranty and insurance is just a way for the dealer to make more money from you, the buyer.
The truth of the matter is that insurance always feels like a scam, especially if you don’t see the need for it right away.
But it’s important to get the coverage regardless. It will be a few extra dollars off your paycheck each month, but you will be glad to have had it and not need it than need it and not have it when the time comes.
Buy today! Hurry!
Dealers have a nasty habit of forcing people onto cars that they know they won’t be able to afford. They even try to rush them by saying things like “Buy now! This will all be gone by tomorrow, and you’d have missed your chance!”
Hearing things like that about a car you really want can make you take drastic action, and accidentally fall into debt. Now, if your dealer rushes you, remain composed and walk away, or convince the guy that you’ll get a different car when you’re ready and have the money for it.
It’s important to know that there is a considerable chance that the dealer is only rushing you to make a purchase.
The internet offers the best prices
These days, more and more people are looking to the internet to find the best deals. After all, the internet has everything you need.
The best thing about the internet is that you can find the best price for a used car. Now, this is okay, but the problem is that these vehicles are being sold by individuals. They may offer a good deal, but they won’t be able to provide you with warranties and insurance, which you will eventually need.
Dealers can offer you insurance, as well as a payment plan that you can work towards, rather than paying everything up front, allowing better flexibility for your finances.
Now that you have a better understanding of these myths and why you shouldn’t believe it doesn’t be afraid to go out and find a second-hand car for yourself today.