Buying Used Cars for Sale in Winston-Salem NC

how much is a used carBuying used cars for sale in Winston-Salem NC can be an advantage. You get more value since the previous owner faced more depreciation on the car. Buying used can also be a challenging experience. The cost of a used car can be a significant investment and you want to make sure you are making a wise decision. Make the right choice and you will enjoy the ride. Make the wrong choice and you can be stuck with a lemon that gives you nothing but stress. When buying a used car, here are some steps to help you navigate the process.

Select a Car According to Your Wants and Needs

Before you go to the dealer, do a little research first. It will make the process easier and less draining. Determine your requirements for a car. Do you have a family? You may want to consider a 4-door sedan. If your family is large, an SUV or minivan may accommodate them better. Are you more concerned about looking good behind the wheel and impressing everyone when you drive past? You may want a sports car. If your main concern is a car that will get you from point A to point B and is easy on the gas consumption, a compact car or hybrid may be a good choice.

Many models of cars have a wide range of technology available, such as Bluetooth and safety systems. By determining what features are negotiable or not, you won’t be disappointed with the vehicle you ultimately take home. A good place to start is online. You can check features of cars you are considering. Safety ratings are also available online from the National Transportation Safety Board. Once you narrow down your choices, you can usually check a dealer’s inventory online to see what they have available.

Check the Car’s History

If you want to avoid a disaster, check your vehicle’s history before you buy. Make sure the VIN is listed and run a history report. Carfax is a common report used by dealers as well as consumers. A history report can indicate if the car was involved in an accident or damaged due to flooding for example. When you are buying from a private seller, you are usually buying “As Is,” so a history report is crucial. You also want a certified mechanic to take a look at the vehicle. The car may look good on the outside, without revealing problems internally. A good mechanic can give you an idea about the condition of the car. Ask if there are maintenance records for the car. This information will be a good indication of how well the car was cared for.

Financing Used Cars for Sale in Winston-Salem

How your financing is handled depends on whether you are purchasing from a private owner or a dealer. Banks, credit unions, and online lenders are options. If purchasing from a dealer, they can usually help you secure financing for your purchase. Most banks will not finance a car that is over 5 years old. You will usually have a little higher APR for a new car. The better your credit score, the lower the APR and the more options you have for financing.

Use Negotiation Skills

Negotiating the price of your car can be intimidating. By doing your research beforehand, you will be better prepared. Know the average price for the vehicle you are considering. All the information you gather can be used to help negotiate the price down.

Finalize the Sale

Now that you’ve negotiated a good price on your vehicle choice, it’s time to finalize the purchase. Be sure to pay with a check or credit card instead of cash. In case something happens, you have documents proving the sale. When buying from a dealer, the title is transferred to you if you are purchasing in full. If you are financing the car, the lender will hold the title until it’s paid off. Do not purchase a used car without proof of the title. You may also want to consider an extended warranty to cover your vehicle if major repairs are required.

Peters Auto Mall has a wide variety of used cars for sale in Winston-Salem NC area. Each one passes our 125-point checkup before being placed in our inventory for sale. Visit our showroom for your next used car. Our professional sales staff will be happy to help you. Stop by Peters Auto Mall today!