DEBUNKING 5 USED CAR MYTHS

Posted Monday, Jan 16, 2023

Buying a used car? Don’t let old impressions scare you off. We’re here to debunk these used car myths to help you make the right choice.

When it comes to buying used cars, it’s so easy to believe in old myths and misconceptions. One of those is the impression that used cars are cheaper than new cars, but might cost you more money down the line with repairs and maintenance. The truth is, the reality is more nuanced and more complicated than that.

So before you go and run away scared from what you hear around the used car market, we’re here to debunk these common myths to help you make the best decision.

Used Cars Have Poor Value

Typically, when someone suggests that used cars have less value, it’s often that they are thinking in terms of reliability. But on the financial side, this is also quite the contrary. Financial experts agree that used cars provide better value than new cars because of depreciation. With a new car, depreciation is always higher, which will immediately make you lose more money the moment after your purchase. Other than that, insurance is also typically lower on used cars because it’s a lesser risk for insurance companies.

Haggling is Difficult

It might seem daunting at first, but haggling can be easy when you approach it the right way. Most dealers always expect a haggle from customers since a used car is never on sale at the lowest amount you can buy it for. You can always haggle for the price that’s closest to the floor, and aim for at least ten to twenty percent off the asking price. And remember, always be polite but firm.

However, at UR1Stop Auto Sales, you’ll always get a no-hassle and no-stress buying experience. Our price will always be below the fair market value.

Used Cars Don’t Have Warranties

While some dealerships might not offer warranties, this might not necessarily be true. New cars typically come with a three years warranty, and when owners decide to sell it in a year or two, that means there’s still warranty left. Some used car dealerships also offer 3-month warranty coverages. But it’s always best to double check which components and systems are covered and its duration.

Luckily, at your Ur1Stop Auto Sales, all our cars come with a 90-days, 5,000 miles bumper-to-bumper warranty. Not to mention, a 1-year free scheduled maintenance in all the cars we sell. You can drive off with a piece-of-mind whatever happens.

Paying Cash Is The Only Option

When it comes to payments, the common misconception is that if you pay the entire cost upfront and in cash, you’ll be offered a premium value or incentives. That’s not the best approach when it comes to buying used cars. Dealerships often make more money on their financing terms, so you might get less of a discount if you pay cash outright.

Used Cars Aren’t Fuel Efficient

A lot of cars nowadays come with engines that have better gas mileage. And at used car dealerships, the cars sold are often in good condition. So how your car uses gas depends entirely on the engine model as well as your driving style. But to be sure the engine of the car you’re buying isn’t faulty, it’s always best to do a thorough inspection. Maintenance is also very important, such as changing the engine oil and checking the spark plugs so that your car stays fuel-efficient.

Get Your Next Car At UR1Stop Auto Sales

Looking for a car dealership that provides full and ethical transparency? At UR1Stop Auto Sales, you can count on us as your trusted full-service dealership! We ensure that every car that you buy from us has gone through a 150-point inspection, complete with updated carfax reports. But our services don’t just stop at the showroom. Our full service center is available to make sure that your car stays in tip-top shape.

View our Full Inventory and get your next dream car only at UR1Stop Auto Sales!