Are You Getting a Good Deal on Your Used Car in High Point?
Looking for a used car in High Point, NC, can be easy if you know where to go. Peters Auto Mall has a huge inventory of used cars for sale in nearly every make and model. We sell cars quickly, so our stock is always rotating as we replace the cars we sell with new, pre-owned trade-ins. If you don’t find something you like today, you may just find the used car of your dreams tomorrow.
Wherever you buy a car, there are a few considerations to keep in mind to ensure you’re getting a good deal.
Evaluate the Mileage
If you haven’t shopped for a car recently, you may have a few numbers stuck in your mind in terms of mileage. You might be looking for a used vehicle with 60,000 to 70,000 miles – no more than that – or an average of about 10,000 miles a year.
But this rule of thumb to finding a reliable used car has changed. Today’s late model cars can run well for 200,000 miles or more. Or, as Time magazine succinctly put it, 200,000 is the new 100,000.
In addition, the average driver puts about 15,000 miles on their car per year. This means if you find a great deal on a five-year-old used car with just 45,000 miles on the odometer, you may want to grab it. But don’t let high mileage scare you, either. And, 15,000 miles a year isn’t very high for today’s cars.
Always remember to consider other factors, too. Were they largely highway miles or city driving? Was regular maintenance performed on the car? Has the car been in any accidents? What is the vehicle’s overall condition? All of these factors mean more today than the number on the odometer.
Ensure the Car Has Been Through a Thorough Inspection
If you want to know the car has been well-maintained, it’s important to get a mechanic’s opinion. Every used car we sell in High Point has been through a thorough, 125-point inspection. If there were problems, our highly qualified team of mechanics has found and fixed them, so you can drive away with peace-of-mind, knowing your car is worth what you paid for it.
Check the Carfax Report
You should never – and we mean never – buy a used car without seeing the Carfax report. You’ll find out how many owners the vehicle has had, and if it’s been in any accidents that may have caused frame damage invisible to the naked eye.
We’re not saying you shouldn’t buy a car if it’s been in an accident, but you should have the facts (and the Carfax!) to make an informed decision.
Get the Best Financing Rates for Your Credit Score
We understand that not everyone has a 750+ credit score to warrant zero percent financing deals. But you want to make sure the interest rate you’re offered is fair based on your credit history.
In the months prior to buying a used car in High Point, get copies of your credit reports from the major credit bureaus, fix any errors or discrepancies that may appear on the reports, and do your best to get your outstanding credit card balances paid down. Your credit score is based on a number of factors, including delinquencies, late payments, and your balances relative to your available credit.
Getting a Used Car in High Point
The interest you pay on a used car loan can make up a significant portion of your payment each month. If you can nab a better rate, you can get more car for your money.
Peters Auto Mall’s on-site financing department promises fair rates to all our customers, even if you have no credit history or if your credit has seen better days. We work with creditors so that you can drive away in the used car of your dreams, at a payment you can afford.