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At Meadowlands of Carmel, you can explore our vast inventory to find the perfect used truck. Meadowlands of Carmel prides itself on helping you get the most for your money. Used trucks can provide tremendous value, and finding the right used truck for you can save thousands of dollars. Here are some reasons to consider buying a used truck.
A used truck that’s 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 truck 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 truck 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 kept the truck well maintained.
Sometimes, a used truck 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 come with 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, particularly one 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. Trucks often have larger engines because they need more power to haul gear or produce towing power.
Also, many 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, handles, what features to get, and what problems the vehicle might have had. A used vehicle also allows you to make an informed decision—reviews by drivers likely highlight vehicle strengths and weaknesses.
You also know if a specific make or model has undergone any significant recalls for parts. If a vehicle was a hit with consumers and lauded by the press for performance, you know that. Consumer knowledge can help you decide what type of truck to buy. For example, if a pick-up model received praise for its towing capacity and off-road ability, that might be your truck. 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 truck. With a new vehicle, dealerships have to follow some of the guidance provided by the automaker when it comes to pricing. Sometimes, a used truck might need 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 truck. 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 truck, you go to a dealership and select that particular automaker’s vehicle. Suppose you buy a used truck; there is a wide range of models to choose from. You can evaluate different makes, models, and years.
Buying a used vehicle allows you to compare different years and mileage to determine the best deal. Perhaps there’s a four-year-old truck with fewer miles than a two-year-old truck, 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 trucks 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. All of 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.