How to Get the Best Deal at Used Car Lots Near Me

used car lots near meIf you’re in the market for your next vehicle, Peters Auto Mall can help. We have three convenient locations in the Piedmont Triad, including our new North High Point location. For most buyers, a used car simply makes more sense. You can get a better deal than buying new from an independent dealer or new car dealership. Plus, at Peters Auto Mall, we treat you as if you’re one of the family.

Here are a few tips to help you get the best deal on your next car:

 

Know What You Want Before Going to Used Car Lots Near Me

Before you start shopping for your next car, think about what you really want in a vehicle. Here are a few questions to ask yourself:

  • What do I dislike about my current vehicle?
  • Do I want a car or should I also look at used truck and SUV options?
  • Is my perfect vehicle a certain make or model?
  • Are there certain features I want, like an integrated DVD player or heated seats?

We recommend making two lists. First, make a list of all the features that your next car has to have. These are your non-negotiables. Then, make a list of the features it would be nice to have, but that you might be able to do without.

If you aren’t sure exactly what make and model you want, don’t worry. These lists will help us narrow down your options. With hundreds of cars in our car lot inventory, we need a place to start! You can always change your mind later as you test drive different used car options. When you come in with an idea of what you’ll want, you’ll find a better deal. After all, it’s always a better deal when you drive away with the exact car of your dreams!

Get Your Financial Ducks in a Row

Before you start shopping, you’ll also want to understand your budget. You don’t want to test drive used cars that are way out of your price range. At the same time, you don’t want to sell yourself short by unnecessarily limiting your choices.

You can use the “Get Pre-Approved Instantly!” button at the top of this page to get your maximum pre-approval qualification. Keep in mind that this is just a guideline. You can spend more if you have a larger down payment or a current car to trade in. You can also spend less if you want to ensure you don’t put a strain on your monthly budget.

The important thing is to have a number in mind before you start shopping. That way, we can help you find cars within your price range. Think about both the overall price you’ll want to pay and your monthly payment if you’ll be financing the car. We want you to find exactly the right car for your needs, but don’t want you to be uncomfortable with your monthly payment.

You’ll get a better deal if you work on your credit before you start shopping. We work with all credit scores. Even if your credit history looks a little rough, we can help you find financing options in most cases. We work with bad credit whenever possible, as long as you can show proof of income. However, you’ll pay more in interest if your credit score is lower. Banks see you as a riskier investment, so they charge you more. Instead, work on your credit to improve your car loan interest rate. This article has some great tips about how to improve your credit score quickly and over time.

Shop Used Instead of New

Of course, you always get the best deal if you shop at a used car lot like Peters Auto Mall. With a new vehicle, you are paying for the privilege of being the first owner. As soon as you drive off the lot, your car decreases in value drastically. The first owner takes the brunt of depreciation and the car’s value goes down quickly in the first year or two. On the other hand, at our used vehicle lot, shoppers can find vehicles that are just one or two model years old, often with less than 50,000 miles. Also, by purchasing a pre-owned vehicle, you get to have many luxury options, without the extra cost that the original buyer paid for them! Therefore, you get more value by purchasing a pre-owned vehicle. At a car dealership, you’ll pay more for almost the same thing.

We take pride in providing top-notch customer service and never pressure you into agreeing to a sale, as you might experience with new car dealers. Our goal is to find you the best used vehicle for your family, not make a quick sale. That’s why our customers come back again and again. They have for more than 25 years and we want to keep it that way! Additionally, every car on our lot goes through a 125-point inspection and you can review the Carfax report for any vehicle you are considering.

Click here to contact us today with any questions or schedule a test drive by clicking the button on any vehicle in our inventory. You can also stop by any of our lots to speak to a member of our sales team. If you have questions, feel free to call us at 336-434-1600.