Where Can I Find A Good Quality Used SUV For Sale?
SUVs are very popular right now. A few years ago, it wasn’t so. Early SUVs were essentially a truck for use as a nice-looking work vehicle. Then in 1996, Toyota introduced the first crossover SUV in the U.S. when it began selling the RAV4. From 2012 to 2018, SUVs went from 45% to 65% of the total US automobile market. They continue to dominate the market and their popularity has led to high prices. Therefore, brand new SUVs are very expensive. Is it possible to find a used SUV for sale that’s dependable? Of course you can…at Peters Auto Mall.
Some of the Many Benefits of Owning an SUV
One of the many reasons for the popularity of SUVs is their versatility. SUVs offer comfortable seating in a spacious interior. Combined with extra cargo space, SUVs are a great family vehicle. Plus, SUVs have towing capacity to haul your heavy loads. Looking to go camping or boating on the lake this summer? An SUV can haul all the equipment you need.
Additionally, today’s SUVs are more fuel-efficient than ever before. Many compact SUVs get an average 25/33 mpg while large SUVs hover around 16/22 mpg. Also, automakers equip some SUVs with 4WD so they can handle all-weather driving conditions easily. Moreover, crossover SUVs handle like a car, making driving them a breeze.
What’s the Difference Between an SUV and A Crossover?
Traditionally, SUVs had a truck’s platform with a frame on body design. Automakers built the frame and body separately. This allows for higher ground clearances and true off-road capabilities.
Unlike true SUVs, crossovers have a unibody design. Automakers build the frame and body as a single piece. Crossovers have better fuel efficiency due to their lighter unibody design.
Although the vast majority of SUVs are actually crossovers, you can still find true SUVs. General Motors still builds several models including the Chevrolet Tahoe and Suburban. The Ford Expedition and Jeep Wrangler are also frame on body SUVs.
Compact, Midsize of Large Full-Size SUV?
SUVs are available in 3 distinct sizes, compact, midsize, and full size. Which one you choose should reflect your unique lifestyle and budget. Are you planning off-road activities? Need strong towing capacity for a camper? Or do you need extra seating for your growing family? Determining your SUVs use will help you choose the best size.
For instance, most compact SUVs only offer 2-row seating with limited cargo space. However, compacts are more competitively priced and are more fuel-efficient. Many small compacts are 15-25% more fuel-efficient than larger SUVs. Some examples of compact SUVs include the Chevrolet Equinox, Ford Escape, and Hyundai Tucson.
Midsize SUVs have more passenger and cargo room with a larger size engine. Seating configuration varies from automaker to automaker. Some have two while others have three rows of seating. Examples of midsize SUVs include Jeep Grand Cherokee, Ford Edge, Hyundai Santa Fe, and the Dodge Journey.
The Chevy Suburban, Dodge Durango, and Ford Expedition belong to the large size SUV classification. They have roomy third row seating and ample cargo space. Powered by a larger engine, these vehicles are also less fuel-efficient than their smaller counterparts. However, some of these large SUVs can tow as much as a truck while offering more interior space.
How Do I Find A Good, Reliable Vehicle?
The internet makes it easy to research makes and models of used cars. There are many online websites that rate vehicles for reliability, safety, driving experience, and many other factors. Kelley Blue Book and U.S. News & World Report are 2 good places to research vehicles for consumer satisfaction.
Both NHTSA and IIHS are great resources for checking the safety of a vehicle. The NHTSA is a division of the U.S. Department of Transportation. IIHS is an independent, nonprofit organization dedicated to reducing the losses from motor vehicle crashes.
Since 1978 NHTSA has been crash-testing vehicles. NHTSA provides a 5-star rating for front and side crashes, as well as rollover resistance. You can check the rating of one particular automobile or compare up to three vehicles side by side. In addition, they publish information regarding recalls
The Insurance Institute for Highway Safety (IIHS) provides much more detailed information about each vehicle. In 1992, IIHS began conducting its own crash tests. IIHS publishes pictures along with the results of these tests.
Moreover, IIHS works in conjunction with the Highway Loss Data Institute (HLDI). Founded in 1972, HLDI is a nonprofit research organization that publishes insurance loss statistics on many automobiles. Collecting data from 80% of the market, HLDI analyzes losses from collisions, property damage, personal and bodily injury. All this information helps consumers make informed choices.
You Can Save A Lot of Money by Buying Used
Have you looked at the prices of brand-new SUVs lately? The average sales price across all sizes is about $43,000. While the average price of a used SUV across all sizes is only $26,500. You can almost buy 2 used SUVs for the price of a brand new one.
Moreover, brand new cars depreciate rapidly. Just by driving it off the lot, your new SUV loses value. Some financial experts estimate you lose as much as 10% of the total value immediately. Whereas when you buy a used car, the depreciation rate is much less. This means the vehicle won’t lose its value as quickly. The original buyer of the vehicle has taken the first-year depreciation loss.
When you buy a used car, you save on many value-based fees. Insurance premiums, sales tax, and title transfer fees are all based on the purchase price. With the lower sales price of a used vehicle, you could save yourself hundreds, if not thousands, of dollars.
A pre-owned SUV doesn’t mean an old one! People trade in vehicles for many reasons and some after owning them for only a year or so. Leased vehicles, also, are available on the pre-owned market. Sometimes a person turns them in after the lease period ends. These vehicles have been carefully maintained and are in like-new condition…except that you don’t pay the price it would cost when new.
Furthermore, buying a used SUV means you can afford many more options. Often your budget allows you to only afford the baseline model of a new car. However, you can afford some of those luxury options when buying used. Perhaps some heated seats for those cold mornings? Or an upgraded entertainment system to keep the kids occupied on long car trips? The original owner paid a high price for these options, but they come along with the vehicle, when you buy a pre-owned SUV.
Can I Get A Reliable Used Vehicle?
It wasn’t all that long ago that consumers shied away from buying used vehicles. Vehicles with higher mileage didn’t have much life left in them. And you never knew if you were buying someone else’s headache.
Over the years, manufacturers have vastly improved automotive technology so that cars are lasting longer. The average automobile today lasts almost double the number of years from cars of 30 years ago. With cars lasting longer, consumers no longer need to fear the dreaded 100,000-mile mark.
Furthermore, vehicle history reports allow purchasers to view the car’s entire past. Major accidents, service history, and airbag deployment are some of the pieces of information a report reveals. Several companies provide this service, but Carfax is the most well-known. Most dealerships will provide a free report on any car you’re interested in.
What’s Your Budget?
Before you start to look for any vehicle, you need to figure out your budget. If possible, get a pre-approval too. Nothing is more disappointing than finding the car of your dreams and then realizing you can’t afford it.
Many financial institutions have online calculators to figure out a monthly payment, so you can plan much more easily. Typically, financial experts say your monthly payment should stay under 10% of your gross income. Using this guideline allows you to have money for other necessary purchases.
Getting a pre-approval beforehand lets you shop around for the best rate. Plus, you’ll know exactly how much you qualify for, which helps you set your car’s purchase price. At Peters Auto Mall, our pre-approval process is fast and easy. Moreover, there’s no obligation and we don’t need your social security number. Also, our pre-approval process won’t affect your credit score.
What If I Have A Low Credit Score?
For many of us, buying a car requires a car loan. Before a lender will give you the money for your purchase, they generally check your credit score. Credit reporting agencies arrive at the number after considering several factors. These include credit history length, outstanding debt, and payment history. Basically, it gives lenders a snapshot into how likely you are to pay back your loan.
If your credit score is above 670, lenders consider you to be a low risk and will lend you money. However, if your number is below that, many financial institutions consider you too high a risk. Thus, many will refuse to lend you money.
At Peters Auto Mall, we understand that sometimes things happen. For example, an unexpected illness or job loss may cause financial hardship. That’s why we have financing options for everyone, even if your credit score is low. We’ve been helping buyers with financing options for over 25 years. Just click on the words “Get Pre-Approved Instantly” at the top of this page to find out how much you can borrow.
Can I Trade in My Old Car To Use As A Down Payment?
Often, when you’re looking to buy a car, you have an old one you need to get rid of. Sometimes, you need the proceeds of the sale of your current vehicle as a down payment for your new one. And, while you could try to sell it on your own, this can be time-consuming and unsafe.
First, you need to advertise your car. Then it may be months before you even have an offer. Moreover, you incur safety risks. Selling your car on your own requires you to meet with strangers and allow them to take your car for a test drive.
Whereas when you trade your car in, you simply sign a few papers and drive away in your new car. Plus, you can use the trade-in value of your old car as a down payment for your new vehicle. Thus, you can lower the total amount of your financing, which means lower monthly payments.
We’ll give you top dollar for your trade-in. Our on-site appraisers undergo training to ensure you receive the most money for your vehicle. And you never need an appointment. Simply bring your car down to one of our 3 locations. In about 20 minutes, we’ll have an offer ready for you. Our offer is good for 7 days, so that you can go home and think about it without feeling pressured.
Looking for A Quality Used SUV For Sale?
SUVs make the perfect family vacation car. With a roomy interior and extra cargo space, you can fit your family and all the luggage too. When looking for a used SUV for sale at a great price, shop Peters Auto Mall.
Started by Kevin and Angie Peters in 1993, we’ve grown into the Piedmont Triad’s #1 used car dealership. With a huge inventory of vehicles on 3 large lots, we’re sure to have what you’re looking for. Plus, all of our inventory is online, so you can browse from the comfort of your couch. When you see a vehicle that you like, you can click to arrange a test drive. Someone will call to arrange your appointment and the vehicle will be ready when you arrive.
We have stayed in business all of these years by focusing on our customers. Our service is top-notch and everyone who comes onto our lot is treated like family. Our relationship doesn’t end when you drive off in your newer vehicle…you can come back for future maintenance, oil changes, inspections and more. Our service department is always ready to care for your car.
The mission is the same today as it was back in 1993 – to give you the best buying experience possible. You shouldn’t have to haggle over a price with a car dealer. Your experience when buying a newer car or truck should be pleasant and you should be able to trust the seller. That’s why all of our vehicles undergo a 125-point inspection before we place it on the lot. We spend an average of 12 hours per car to make sure you buy a safe and reliable automobile.
Plus, we offer financing options with affordable monthly payments. Even if you have a low credit score, we can find a car loan for you. So, give us a call at 336-434-1600 to schedule a test drive or ask us any questions about our vehicles. You won’t believe how easy it is to drive off in a great SUV!