6 Common Myths About Buying Used Cars

There are various myths about buying used cars we’ve had under the sun. Honestly, some of these claims aren’t just incorrect; they’re unfounded as well.

Our goal here is to dispel myths about used car buying, so you won’t fall for them the next time you’re shopping for one. Let’s begin.

  1. Paying Cash Sweetens the Deal

Some people believe that offering to pay cash for a used car would increase buyers’ bargaining power over the ultimate purchase price. But this is one of the myths about buying used cars. It may have been helpful to car buyers when financing wasn’t an in-house option, but it no longer holds up in today’s world.

Almost all car dealerships have in-house finance departments that generate revenue for them. The salesperson and lot are less likely to benefit from purchasing a car with cash than a loan. 

  1. Used Cars Use Up a Lot of Fuel

Your car’s fuel consumption varies depending on its engine size and maintenance. Nowadays, many vehicles have engines that achieve better fuel economy.

Several of the used vehicles sold in used car dealerships are in excellent condition. To keep them running efficiently, you must change the oil, check the plugs, and get scheduled maintenance done.

  1. Dealerships Are Out to Take Advantage of You

Dealerships are in the business of making money, of course. They will only have unpaid debts and frustrated customers if they sell you a car you cannot afford.

An honest car dealer can help you get the car of your dreams without sending you into debt that’s unmanageable. They will offer you financing options rather than demanding cash up front.

  1. Used Cars Offer Low Resale Value

A car’s ownership changes several times throughout its lifetime. It is necessary to have different vehicles to accommodate different life stages and changing circumstances. Whenever a car no longer meets an owner’s needs, it may be time to put it up for sale.

When you buy second-hand cars, many keep their value over time and make excellent investments.

CARS24 Makes Buying Used Cars Easy
  1. Used Cars Have Problems

This declaration is also one of the common myths about buying used cars. People sell vehicles for various reasons, many of which are entirely unrelated to a car’s condition. The prior owner might have upgraded to a better segment car or an electric car because it is 2021 and wants the latest tech!

  1. There is No Resale Value for Used Cars

This statement is a myth and not necessarily the case. Several factors affect the resale value of a used car, including fuel economy, space, appearance, and safety.

Used vehicles with proper maintenance often have high resale values. As a result, you may resell your used cars for a decent amount of money if you decide to resell them in a few years.

CARS24 Makes Buying Used Cars Easy

There are various myths about buying used cars. Therefore, much consideration is essential for buying a used car as it is for a new one. Make sure you do your research thoroughly before purchasing. Always test drive any vehicle before deciding, and inspect it while on the lot. 

Publications will not tell you everything since they haven’t examined the same car (s) that you are considering. Automobiles are unique, just like people. You’ll find great deals at CARS24, as well as fantastic customer service. Visiting them will debunk all the above myths! Why not try them?

Manavi Kapur

Manavi is a fun-loving, tech-savvy, lady of the media and you better believe us when we tell you that she can sing! Needless to say, she has done all that with aplomb because some of her articles are highly cited in this niche.

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