Car Lots Near Me With A Great Selection of Vehicles
Buying a car is the second largest purchase that most consumers will make in their lifetime. Unfortunately, most people find buying a car a stressful experience. For most shoppers, everything about buying a car leads to anxiety. Negotiating a deal is enough to set any consumer’s heart pounding and palms sweating. But it doesn’t have to be this way. When looking for car lots near me with a different buying experience, choose Peters Auto Mall.
Our mission is to make the car-buying experience enjoyable. From your first contact with us, we strive to make your purchase friction-free. We offer a quick pre-approval on auto loans, no-haggle pricing, and even online buying. Plus, we have an extensive inventory of vehicles. Whether you’re looking for a family car, van, truck, or SUV, we’ve got what you need. It’s easy to see why we’ve grown into the Piedmont Triad’s #1 used car dealership.
Our Stress-Free Buying Process
For most people, one of the most stressful parts of buying a car is negotiating the deal. Many consumers hate any form of bargaining. Negotiating involves friction, something most car shoppers prefer to avoid. Surveys of consumers indicate that a large percentage would prefer a haggle-free experience.
At Peters Auto Mall, your satisfaction is our #1 priority. That’s why we offer transparency with our no-haggle pricing. You don’t have to worry about getting a fair deal on our car lot. The price you see on the window is what you pay. Period.
Another stressful aspect of buying a vehicle is completing the credit application and financing paperwork for the car dealer. Time-strapped consumers don’t like spending huge chunks of time sitting in the dealership office signing papers. Most prefer doing this task online at their convenience.
Again, we’ve listened to our customers and we provide an online shopping experience. From getting a pre-approval to filling out paperwork to purchasing, you can buy your next car entirely online. Best of all, we’ll deliver your new vehicle to you at your home, free of charge.
Moreover, we want you to be completely satisfied with your online purchase. That’s why we back it up with our guarantee. After we deliver the vehicle to your home, you have 3 days to test it. Drive it around town to see how it handles. If it doesn’t live up to your expectations, we’ll take it back. Of course, the vehicle must be in the same condition as when we delivered it. Additionally, you must return it within 3 days of delivery.
Furthermore, if you can’t come to the lot, we’ll bring the vehicle to you to see or drive. Live near one of our 3 locations? We’d be happy to bring a vehicle to you to look at or to test drive before you buy.
Why It Makes Sense to Buy a Pre Owned Vehicle
Since the world as we knew it continues to change, more people are realizing the benefits of frugality. The uncertainty of the economy has led us to become more careful about managing our money. Buying a pre owned vehicle instead of a brand new one is a smart way to be thrifty.
In the past, consumers shied away from used cars thinking they weren’t as reliable as new cars. This, however, is simply not true. The enactment of lemon laws indicates that new cars can also have serious mechanical issues.
When you buy a used vehicle, you save a lot of money. First, brand new cars lose value or depreciate as soon as you drive them off the lot. Some financial experts estimate your car loses between 9-11% as you drive it away on the first day. This can equate to between $2500 and $5200 or more. In the entire first year of ownership, you can expect your brand-new car value to drop by about 20%.
However, when you buy a used vehicle, the original owner has borne most of the depreciation. Thus, your used vehicle will retain much more of its value. While used vehicles do continue to lose value, they do so at a much slower rate than brand new cars.
Additionally, many of the fees involved with car ownership are value-based. In North Carolina, when an owner transfers the title, the buyer must pay a 3% highway tax. The DMV also collects a property tax based on the car’s value. Finally, your insurance premiums are also value-based. Purchasing a lower-priced car will save you a large chunk of money on these fees.
How Do I Know I’m Getting A Good Vehicle?
Some people wonder if buying a used vehicle will provide them with reliable transportation. This is understandable since it is a pre-owned car. Furthermore, when surveyed, most consumers said they would feel more comfortable with a comprehensive vehicle inspection.
When we acquire a car to sell, we first put it through a 125-point inspection. On average, we spend 12 hours per vehicle. We examine the air conditioning, electrical system, transmission, suspension, cooling, brakes, and engine. Only after we’re satisfied that each component works reliably do we put it on our lot for sale.
Moreover, with today’s technology, it’s never been easier to buy a reliable used vehicle. You can research vehicles through many online sources. U.S. News & World Report is one source that ranks used cars on performance and reliability. Also, vehicles are capable of achieving high mileage with excellent reliability and safety. Gone are the days of getting rid of a car at 75,000 miles because it was no longer reliable.
You can also get a vehicle history report on any vehicle. These reports give details on owners, past accidents, routine maintenance, and odometer readings. Knowing the car’s past can help you make an informed buying decision.
Which Vehicles Are the Safest?
From the onset, automobiles have enchanted Americans. More dependable than horses, the car allowed people to travel more easily and often. Yet, the early automobile industry was largely unregulated. Many early automobiles had design flaws compromising safety.
With rising concerns from doctors and university studies, the government took action. Lyndon B. Johnson signed the National Traffic and Motor Vehicle Safety Act and the Highway Safety Act into law. One aspect of the law was the creation of the National Highway Safety Bureau. This government agency evolved into the National Highway Traffic Safety Administration (NHTSA).
Today, the NHTSA 5-Star Safety Rating program evaluates how vehicles perform in crash tests. Reviewing an automobile’s performance helps consumers make good decisions when purchasing a vehicle. It’s the only organization that rates rollover resistance in addition to front and side crashes.
The IIHS (Insurance Institute for Highway Safety) also conducts crash tests. However, today, IIHS also rates vehicles for front crash prevention technology. This new technology can prevent a crash with autonomous braking or lessen its severity with a warning system. Additionally, IIHS awards the Top Safety Pick and Top Safety Pick+ to cars that perform best in their evaluations.
When Is the Best Time to Buy A Car?
Although it may seem obvious, the best time to buy a car is before you need it. While your old car is still transporting you around town, you can take your time researching vehicles. If your old car suddenly breaks down, you may feel pressure to get a replacement quickly. Thus, you may buy something you’re not entirely happy with. Additionally, the trade-in value may be less for your current car, if it doesn’t run.
When you have the time to shop around for a car, certain times are better for car buying. Near the end of the year is the new car buying peak season. Thus, many automobiles will be entering the used car market as a result of trade-ins. The end of the year is also when dealerships will be looking at their quotas. If they’re behind, they may be willing to make a deal.
Where Can I Get the Best Car Loan?
Buying a car, even a used one, is a big expense. Usually, many people will get auto financing for the purchase. Both banks and dealerships offer auto loans.
Moreover, it makes sense to obtain a pre-approval. After checking your credit, lenders will offer you a maximum loan amount at a certain interest rate. Thus, you’ll know how much you can spend before you start looking. Getting a pre-approval also gives you the freedom to shop around to find the best terms for your auto financing.
However, often banks won’t finance someone with bad credit. Generally, financial institutions consider a credit score under 670 poor. Many different factors can affect your score. While your payment history is important, other factors can bring down your score. For example, a high utilization rate can put you in the poor rating category. Thus, you can always make your payments on time and yet lenders may still turn you down for a loan.
At Peters Auto Mall, we’ll find financing for you even if your credit score isn’t very high. Plus, you can get pre-approval instantly. For over 25 years, we’ve been helping car buyers finance their purchases. We use only trusted finance sources that offer monthly payments you can afford.
Do You Take Trade-ins?
Many dealerships, including Peters Auto Mall, take trade-ins when purchasing a new vehicle. You simply bring your old vehicle to us for an appraisal. After looking over your car, we will make you an offer. Then, you can use the offer towards the down payment of your newer car.
However, there aren’t many dealerships that will make you an offer without the obligation of buying a car. When looking for car lots near me paying cash for your old car, think of us. It’s fast, easy, and we pay top dollar! Just stop by at one of our 3 locations. We’re conveniently located on North and South Main Street in High Point, and on West Market Street in Greensboro. Remember to bring your title or payoff statement, valid ID for all owners, all keys and remotes, and your records of maintenance. After appraising your car, we’ll present you with an offer. In as little as 15 minutes, you could be walking out our doors with extra cash in your hands. Additionally, we give you 7 days to think about our offer, so you don’t have to make a decision on the spot.
Car Lots Near Me with Spectacular Customer Service
Not all car dealerships provide the same level of customer service. This becomes obvious, since most car shoppers find the process unsatisfactory. However, there are car dealerships that listen to consumers. When searching for car lots near me that put you first, shop at Peters Auto Mall.
In 1993, Kevin and Angie Peters started the dealership with a vision to make the car buying process enjoyable. Our mission is the same now as it was then, to give you the best car buying experience ever. We guarantee it! You asked for no-haggle pricing, extensive inventory, online car buying process, and great financing options. And we listened!
Moreover, we have a phenomenal service department that’ll keep your car running efficiently. We offer complete auto repair services, maintenance, and state inspections. Additionally, with any service over $50, we’ll wash your vehicle to a sparkling shine.
See a vehicle online you want us to bring by your home? Give us a call at 336-434-1600 to let us know which one. Once you see how easy it is to buy from us, you’ll never shop for a car anywhere else.