How to Buy a Used Car – A Step-by-Step Guide from Peters Auto Mall

how to buy a used carIf you’re in the market for a used car, don’t let the process intimidate you. Even if you don’t know much about cars, the experts at Peters Auto Mall are here for you! We can help you learn how to buy a used car that is perfect for your family. Instead of shopping at an intimidating dealership where you don’t know what you’re buying, let us help. Use this step-by-step guide to buy your next vehicle.

Determining Your Budget when Learning How to Buy a Used Car

First, we recommend you determine your budget for a used vehicle before you start shopping. After arriving at any used car lot, you’ll notice a wide range of options. Our two lots in High Point and Greensboro have cars for every budget. However, if you don’t know what price point makes sense for you, shopping will be difficult.

It’s best to focus on the monthly payment. When you think about your current monthly budget, what makes sense for you? If you’re not sure, we’ll help! Our financing department can look at your income, other bills, and more to help you pinpoint a comfortable payment. Yes, we can get you qualified in most cases, even if you have bad credit. The average price you’ll pay depends on the type of car you choose. However, nationally, monthly used car payments average $381.

Understanding used car financing on your own is not easy. So, we’ve created a car financing resource for you to check out here. Unlike some dealerships, we want you to go into the buying process with eyes wide open. In other words, we don’t want to sell you a car you can’t actually afford. We want you to be happy with your choice long-term. That’s why our customers return to us for their future car needs. We are a family-owned and operated business and have been serving the Piedmont Triad area for over 25 years.

When you’re ready, you can use this form to get pre-approved. Or, stop by either location to get pre-approved in person. Our High Point lot is at 2857 S Main St., and our Greensboro lot is at 5101 W Market St. We can help you learn how to buy a used car based on your pre-approval amount.

Searching for the Best Used Car for Your Family

Once you determine your budget, it’s time to start shopping! At our lots, an expert can help you find the right car for your family. Here are some of the things to consider when buying at any dealership or car lot:

  • How big does the vehicle need to be? We have both two-door and four-door cars, as well as SUVs and trucks.
  • Are you interested in manual or automatic transmission?
  • Do special features such as Bluetooth or heated seats matter to you? Bring us your wish list and we’ll help you find a vehicle to match.
  • Is gas mileage important to you? If you’ll be using your car to commute or drive more than average, you may want us to help you find a fuel-efficient vehicle.

All cars on our lot go through 125-point quality inspection to ensure they are safe and problem-free. So, you don’t have to worry about a car breaking down as soon as you drive it off the lot. You can shop without worry at Peters Auto Mall.

Trading in Your Current Car and Signing the Paperwork

If you find a car you like, we can help you trade in your current car. You do not have to trade in a car with Peters Auto Mall. However, this gives you a bigger down payment for buying a car, which means your monthly payment will be lower.

We give every customer a fair and transparent quote for their trade-in. We never want you to wonder whether you’re getting an honest deal. In fact, our quotes are good for a full week. So, you can shop around to see if you can get a better deal. Learn more here about selling your car to Peters Auto Mall.

After trading in your car (if you choose to do so), all that’s left is to sign the paperwork. Then, you’ll be on your way. We’ll walk you through the entire process, but don’t worry! Finishing the deal doesn’t take long.

Contact our High Point location or Greensboro location today with any questions. Additionally, you can simply stop by to shop or inquire about financing or trade-ins. If you prefer, speak to one of our associates by calling High Point at 336-434-1600, or Greensboro at 336-434-1610.