If you’ve been thinking about buying a used car but don’t know where to start then it’s worth checking out used car dealers in your area. They can offer you a whole range of different used cars for sale in all price ranges to suit you. If you want a specific make or model then this is the place to be but you may also come across a good range of models in most price brackets. Choosing to buy from a used car dealership has a number of benefits over going with a new car dealer. Let’s take a look at a few of those options and see how well they stack up against Certified Pre-Owned cars (CPO).
Buying used gives you far more flexibility of where you source your car from as well. If you are only interested in buying used sedans you’ll find a huge range of used cars for sale from estate agents, private sellers and rental cars. Check out some of the options below and see just how they compare to Certified Pre-Owned sedans (CPO):
Estate Agents – As the name suggests, estate agents specialize in purchasing and selling pre-owned cars. You should be able to find many estate sales happening all year round. A great advantage of going to an estate sale is that you will usually be able to haggle a deal which can make a significant saving on price. A good tip to remember if you’re going to a dealership (for example a used car dealership) is to bring a letter from your credit bureau, which can show that you’ve kept your credit rating up to scratch.
Rental Cars – Rental vehicles are used cars that have been resold by the original owner. Used cars for sale by a private party are usually from an older generation of cars, but there are many modern-day rentals available that are very economical and safe to drive. When going for a rental car, check that the vehicle has been well maintained by the previous owner, and ask about any special discounts or free services offered.
Used Car Sales & Rentals – Many established car dealerships offer certified used cars for sale and these tend to be of a much lower price than the regular price. However, most established dealers have a long waiting list and can take weeks before they sell a car. If you can afford a wait, you may be able to get a great bargain. Some companies like Hertz hire their own fleet of trucks and SUVs, which can be used to pick up used cars for sale from their dealership. Ask your Hertz representative about their used car sales programs and if they can match or beat the price of a comparable new car.
Certified Pre-Owned Vehicles – Most large dealerships and other large organizations have certified pre-owned vehicles that meet their standards. However, it is important to understand that even certified pre-owned vehicles are sold on a cash basis and are not traded-in. Therefore, there will be a small price difference between a certified used car and a used car for sale by a private party. Some private sellers may also offer certified pre-owned vehicles with some amount of trade-in value. In the end, it all comes down to what is most important to you.