Buying a used car can be a smart choice. Typically, the price is lower than a new car, and ownership expenses such as collision insurance and taxes are lower as well. Plus, a late model used vehicle has already taken its biggest depreciation hit. In addition, buying used is a way to get a nicer car than you’d be able to afford new.
- Buying an automobile “As Is” means you understand the vehicle is sold without a warranty. When you sign an “As Is” acknowledgment, you are agreeing that the dealer assumes absolutely no responsibility for any repairs, regardless of any oral statements about the vehicle.
- You are strongly urged to take the vehicle to your own mechanic for a complete inspection before purchasing.
- An “As Is” purchase could also mean the owner’s manual and/or second pair of keys may or may not come with a vehicle. However, those items can be purchased. (Our Used Car Inventory detail pages on our website show pictures of a pre-owned vehicles’s keys and owner’s manual if available).
- For an additional cost, a service contract may be available for your vehicle, depending on mileage and age of the vehicle, i.e. vehicles less than 10 years old and less than 125,000 miles. Ask for details as to coverage, deductible, price and exclusions.
- CashNetUSA | Four Things to Know When Buying a Car – CashNetUSA (cashnetusa.com)
- Saving money on your next car purchase (roadloans.com)
- The Hidden Costs of Owning a Car (autoinsurancecenter.com)