How Many Cars Have You Owned in a Lifetime?
The beginning of a new year and a new decade is reason enough for many people to make the decision to buy a new car. Taking advantage of end of the season pricing options as new car lots get ready for the 2020 inventory, many buyers find that they get their very best deals as the calendar turns to a new number. And while there are plenty of new car buyers making decisions in the month of January, there is a significant trickle down effect that takes place as well. In fact, there are many buy here pay here used car lots that see an increase in inventory as some of these used car options from large dealerships enter the market.
Operating on a much different pricing and financing structure, these buy here pay here used car lots often have room for more negotiating than the dealers on a new car lot do. Used SUVS, used trucks, and other kinds of preowned vehicles combine to create a significant part of the auto sales industry. From first time car buyers who have just turned 16 to parents who are looking for an affordable, but reliable, option for a student heading off to college, there are many times when a buy here pay here used car lot is a perfect option.
Will Finding a Great Deal on a Used Car be a Part of Your New Year Plan?
America is a mobile society, so it should come as no surprise that many of us have cars. In fact, there are many households that have one car for every driver, which might mean that they are always on the lookout for a great buy. And whether you make your purchases from a new car dealership or a buy here pay here used car lot, it is important to make sure that you know your priorities when you begin your search. For the majority of buyers, price and financing, make, model, and milage, and available options all play a role in the kind of vehicle that they are looking for.
Price and Financing Are Often the Most Important Factor in Any Vehicle Purchase No matter if you are looking at used or new options, you likely have a top limit for the amount of money that you are able to spend. Whether you are looking at the top overall price that you want to pay or knowing what you can afford for a monthly payment, the money is always important. In fact, knowing your budget allows you to quickly filter out the inventory that you will consider.
The average price of a new vehicle in the U.S. is $35,309, but you might be surprised to know that the most frequently searched vehicle price range is actually $5,000 or less.
Make, Model, and Milage Help Buyers Determine Their Preferences
Aside from a strong preference for color, the majority of buyers place a certain make and model at the top of their preference list. And while always owning a white car may help you begin limiting the number of cars that you are going to look at, the milage number of a used vehicle is extremely important. Understanding how the milage performance of certain makes and models can help many buyers select an option that will provide them the greatest value. The average age of vehicles currently on the road in the U.S. in 11.6 years, and most used vehicles will have three owners in its lifetime, so understanding how many miles a make and model of a car will perform can be a very helpful factor in deterring the kind of vehicle that you will purchase.
Available Options Often Make a Purchase Decisions Easier to Make Once you have determined your budget and know the best options that you have when it comes to make, model, and milage, it is often the available options on a car that will drive the final decision in a car purchase. A young driver who can get a sunroof on an older car often feels like they have not compromised style for budget. Likewise, there are parts of the country where heated seats are a real bonus for any buyer.