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At Meadowlands of Carmel, you can explore our vast inventory to find the perfect used vehicle. Meadowlands of Carmel CDJR prides itself on helping you get the most for your money when getting a new vehicle. Used cars, trucks, & SUVs can provide tremendous value, and finding the right used vehicle for you can save thousands of dollars. Here are some reasons to consider buying a used vehicle.
A used car, truck, or SUV that is just a few years old can save you money. Generally, a vehicle loses between 15% and 20% of its value after its first year. The depreciation, while challenging to swallow for new car owners, allows other car owners to get a relatively new-to-you used vehicle for less after a few years of use. Several factors can affect a vehicle’s depreciation, including its mileage and the automaker’s reputation. If you shop around and compare vehicles, you can find a used vehicle with relatively low mileage that still has many of the most modern features.
Finding a previously leased vehicle can be a great option. A leased vehicle usually has limited mileage because of the lease terms. Also, given the maintenance aspect of lease agreements, there’s a good chance the previous owners followed the service plan and maintained the vehicle you’re interested in well.
Sometimes, a used vehicle may still have some life on its warranty. This is another factor to consider, as you might still receive some warranty service benefits. Some vehicles have a factory warranty for a set number of years or mileage. For example, a warranty might be for ten years or 100,000 miles, whichever comes first.
An existing warranty can provide you some additional peace of mind; as you know, the manufacturer can replace major vehicle parts at little or no charge. Sometimes, people pay for an extended warranty or purchase additional protection that stays with the vehicle. When looking for a used car with low mileage, ask whether any warranty might still be active.
One of the factors associated with the depreciation of a used vehicle is the size of the engine. Generally, a vehicle with a larger engine tends to last longer and can sustain more miles. A vehicle with a V-6 or a V-8 lasts longer than a three- or four-cylinder engine. Used vehicles often have larger engines because they need more power to haul gear or produce towing power.
Also, many of our used trucks have a 4X4 drivetrain designed to provide off-road ability. The 4X4 drivetrain’s design can handle rough terrain, and the vehicles tend to have much more durability. If you buy a truck that’s only a few years old, you can get a used vehicle that probably has a lot of life. It’s not usual for a truck to surpass 150,000 miles. If the truck is just a few years old, you can enjoy the latest technological improvements without paying the sticker price of when they were first released.
A used vehicle tends to be a known commodity. After a vehicle has been out for a while, there are reviews from the media and drivers of the car. There’s a wealth of information about how the vehicle performs and handles, what features to get, and what problems the vehicle might have had. A used vehicle also allows you to make an informed decision—driver reviews likely highlight vehicle strengths and weaknesses.
You also know if a specific make or model has undergone significant parts recalls. You know if a vehicle was hit with consumers and lauded by the press for performance. Consumer knowledge can help you decide what type of used vehicle to buy. How you plan to use the vehicle can help you make your final decision based on each vehicle’s strengths and weaknesses.
Sometimes, there can be more flexibility regarding the price of a used vehicle. With a new vehicle, dealerships have to follow some of the automaker’s guidance regarding pricing. Sometimes, a used vehicle requires essential maintenance, such as new tires. You can negotiate to have new tires included, or if you’d instead buy a specific kind of tire, negotiate the price down and buy the tires you want. The bottom line is that there’s tremendous flexibility in purchasing a used vehicle.
If you want to trade in a vehicle, that can be another factor in negotiating a price. A trade-in car in excellent shape can save you hundreds or even thousands of dollars when buying a used vehicle. At Meadowlands of Carmel, we’re happy to work with you to create a deal that makes sense. We pride ourselves on customer service, and our finance department can create a plan to fit your specific needs, whether you’re buying or leasing a vehicle.
When you buy a new vehicle, you go to a dealership and select that particular automaker’s vehicle. Suppose you buy a used car, truck, or SUV; there is a wide range of models. You can evaluate different makes, models, and years.
Buying a used vehicle allows you to compare years and mileage to determine the best deal. Perhaps there’s a four-year-old vehicle with fewer miles than a two-year-old, and the specifications didn’t change much between the years. In such a case, the four-year-old vehicle might be a great buy. When you buy new, you buy that year’s version of the vehicle, and the comparisons you make tend to be to other new vehicles in the same class.
At Meadowlands of Carmel, we have a wide selection of pre-owned vehicles from which you can choose. Our website also allows you to calculate your potential payment, compare mileage, and view specifications. You can check the availability of the vehicle and view pictures or videos. If you have questions about our vehicles, you can live chat with a Meadowlands of Carmel representative. Our used vehicles come with our commitment to quality, as each vehicle undergoes a comprehensive evaluation. Contact us with any questions or visit us in person whenever you can.