Myths and Facts

Myths About Used Cars

There are many myths about used cars and we are here to debunk and state the facts. There are many benefits that you can potentially reap from being a used car. A used car is more affordable. It will also depreciate at a slower rate. However, there are a lot of myths about used cars that stop people from buying them.

Myth: You Will Have to Make a Huge Down Payment

Fact: Used car businesses want to generate as much money as possible. However, a good business is also focused on helping you get a good car that fits your budget and needs. That is why you may not have to make a large down payment.

Myth: The Best Place to Get a Used Car is Online

Fact: You may be able to get a great deal online. However, it is best for you to go to the dealership before you buy a used car. You will be able to negotiate with the seller in order to get a better deal on your car. You will also have the opportunity to inspect the car and test drive it before you buy it.

Myth: You Will Need to Have a Good Credit Score

Fact: It is hard to get a loan from a credit union or a bank if you have a bad credit score. However, you can still get financing through a used car dealership. A used car dealership can set its own standards.

Myth: The Process of Buying a Car is a Stressful One

Fact: There are a lot of things in life that are difficult. However, the process of buying a used car does not have to be a difficult one. There are several things that you can do to make this process an easier one. Before you go shopping for a car, you will need a budget.

You will also need to make a list of things that you are looking for in a car. Additionally, you will need to make sure that the car is reliable before you buy it.

Myth: You Will Get a Better Deal if You Pay With Cash

Fact: You may have heard that “Cash is King”. However, that is not necessarily true if you are buying a used car. You may be able to get a better deal if you finance the vehicle. The dealership will be able to make more money if you get a loan. That is why they may offer you a discount if you apply for financing.

If you are in need of service for your new or used car give us a call or visit our many auto repair services.

Carolina Auto Service