Auto Dealers Buy Here Pay Here Industry News and Tips

How to Save Money Your Next Used Car

Computer on desk with notebookThere are hundreds of Arizona car dealerships throughout the state but there is only one leading buy here pay here dealership that offers the best vehicles at the lowest price. With locations throughout the state, Auto Action has been Arizona’s premier used car dealership since the beginning. When you are in the market for a new, “used vehicle”, there are a few creative ways you can save money on your purchase. Below we discuss 5 ways to save money on your next used car.

Older is Better, For Your Wallet

The older a vehicle is, the less money it will cost consumers straight out the gate. When the calendar year changes, dealerships will discount their existing models to make room for the new line of vehicle models. Just because a vehicle was not produced in the current year, doesn’t make it less desirable. While some older models may not have all of the features that the current year’s model, it will still have high-quality features at a discounted sticker price. Some models will actually change body types and features from year to year and when this occurs, you will see even further discounts.

Buying Used Doesn’t Mean You Have to Buy Unreliable

Sometimes we focus so much on cost-cutting tactics, we lost sight of the main purchase goal: finding a reliable vehicle at a reasonable price. Before you even factor in price, your main objective should be finding a reliable vehicle that will last you through your loan and beyond. Sure, you can save money on a less reliable vehicle, but in the long run, will you really be saving at all? A vehicle that is constantly needing repairs and serving, won’t do a consumer any good. Look for a reliable vehicle first (shop Drive Now’s wide selection of reliable used vehicles), then look at ways to bring your costs down (base model, older model etc).

Get a Base Model

If you don’t mind parting way with certain accessories and features, you can really drive down the cost of your next used vehicle by getting a base model. Base models carry fewer “bells and whistles” than step-up models do. Typically the features lost fall under the entertainment or navigation categories, so you are not losing any features that relate directly to the drive or ride experience the car provides. Concentrate on driving your vehicle, and don’t let the extra fancy features get in the way of your purchase.

Make a Larger Down Payment

If you are like most people, you won’t have the cash upfront to pay for a used vehicle on the day of purchase. This is what car financing is for! The trade equity of your current vehicle or the money you pay up front at the time of purchase is considered your down payment. One way to save money on your overall purchase is to increase your down payment. The more money you lay down up front, the less money you will have to finance. The larger your down payment is, the lower your monthly payment will be. Most reputable dealerships will offer you a better financing package with a larger down payment. The way the loaner sees it, the more money you have to put down, the less of a financial risk you are to pay off the loan.

Stopby the Best Phoenix, Arizona Car Dealerships

When you shop at Drive Now, rest assured you know you will be getting a quality vehicle at a competitive price. Just by choosing Drive Now you will save money on your used car purchase. Drive Now offers great incentives like our Customer Referral Program, Action Care Program and Military Assistance Program. Take advantage of our buy here, pay here convenience. We have an in-house loan center that allows buyers with any type of credit history. When shopping for your next used vehicle, trust Drive Now to find the right car for you at the right price.

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