Everybody knows that they can save a buyer significant amounts of money, yet there is still something of a stigma when it comes to buying a used car. Some people look down on them, while others might be under belief that they are plagued with problems that in short, just don’t exist.
This is something that American Federal Auto have come to find a lot over recent times. Bearing this in mind, we will now analyze some of the big myths that have arisen when it comes to the subject of buying used vehicles.
Myth #1 – Used cars don’t offer reliability
Let’s start with the biggest stigma associated with used cars. The term ‘used’ is sometimes misinterpreted as broken, which is well and truly not the case when it comes to the majority of these vehicles. Sure, there will be some which aren’t going to last for much longer, but they all really shouldn’t be tarred with the same brush.
Let’s not forget that the automobile industry has improved leaps and bounds over recent times. It means that many cars are fully capable of having over 250,000km on the clock without any problems. Considering the fact that most dealerships sell used cars with a fraction of the history of these, it means that very few people are going to be met with an unreliable used car. These dealerships will also tend to make sure that the company has been maintained appropriately as well, which also diminishes the chances of problems occurring.
Myth #2 – There’s no resale value with a used car
Let’s take a look at this next myth from a different perspective. If you buy a new car, when it comes to the time you want to sell it, it’s actually used. This automatically makes this myth defunct, really.
There’s another part to this myth as well. As you will be paying less to buy the car in the first place, it means that your profit margin is immediately going to be a little higher when it comes to the time to sell.
As such, most people shouldn’t worry at all about the resale value. Sure, the newer vehicles are always going to bring in more value, but don’t underestimate the profit that you can bring in from most used vehicles.
Myth #3 – You can’t see if a used car is going to be a good buy or not
Fortunately, this myth is completely untrue. Armed with the correct research, it’s completely possible to see what type of vehicle you are getting when you make your used car purchase.
There are all sorts of sources to help you with this. You could turn to Certified Pre-Owned Vehicles, the Vehicle History Report or even purchase extended warranties to help you along your way. If you can look into these sorts of areas, you really can add a layer of protection for yourself before you pledge your money.