Used car sales have been on the rise for seven consecutive years. Across the country, used car dealerships are advertising, offering, and selling plenty of high-quality, affordable, pre-owned vehicles to individual and families alike.
Buying a brand-new vehicle can be great… but it’s not always a feasible option for families with bills, groceries, and other financial responsibilities.
In the past, used car sales might’ve dipped because the vehicles weren’t constructed with updated technology and methods. That is no longer the case. Since the late 1990s and early 200s, vehicles have been manufactured with top-of-the-line, modern technology. Sure, newer models come equipped with the latest bells and whistles, but is that really worth spending an extra $30,000? For the few that have plenty of disposable income laying around, that’s not problem. But for the majority of Americans, people who work hard and are trying to save money each year, purchasing used vehicles is a much better option.
Here are some excellent used car options in Indianapolis that are under $10,000:
- 1999 Toyota Camry LE — $3,695
- 2002 GMC Envoy XL XL SLE 4WD — $3,995
- 2004 Ford Explorer Limited — $6,995
- 2005 Volvo S40 2.4i — $3,995
- 2012 Chevrolet Impala LS Fleet — $6,995
- 1999 Lincoln Continental Base — $4,995
- 2002 Dodge Dakota SLT Plus Club Cab 4WD — $4,995
- 1995 Ford E-350 XL HD — $2,995
- 2011 Chevrolet Cruze LS — $7,995
- 2001 Cadillac DeVille DTS — $4,995
- 2006 Buick Lucerne CXL V6 — $7,995
- 2000 Nissan Frontier SE — $5,995
- 2004 Chrysler Sebring Touring — $4,495
- 2008 Saturn Vue XE — $6,995
- 2010 Buick Lucerne CXL — $6,995
- 2008 Ford Edge SEL — $5,995
- 2008 Ford Fusion I4 SE — $6,995
- 2002 Chrysler PT Cruiser Limited Edition — $2,995
- 2001 INFINITI G20 Touring — $4,495
- 1998 Buick LeSabre Custom — $3,995
These vehicles are great and some of the most affordable options on the used car market, but there are plenty of additional pre-owned vehicles that come equipped with much more modernized technology and are great for driving — these are just a little more pricey, but are still affordable. If you want to learn more about used car sales and check out some of these affordable vehicles, head to Auto Sales and Service right away.
Pre owned cars actually make up approximately 75% of all automotive sales in the United States. New cars are great, but not everyone can shell out upwards of $30,000 for a new ride — that’s where pre owned vehicles come into play.
It’s important to note, however, that there are specific times of the year that are a little better than others when it comes to used car buying.
Here are some of the best times for purchasing used vehicles:
- Around the Holidays — We’ve all seen the new vehicle ads around Christmas and New Years, but buying pre owned vehicles around this time is perfect, as well. In addition to Christmas, buying used cars is great around Veteran’s Day, Thanksgiving, Easter Sunday, and Mother’s and Father’s day.
- At the end of each month — Since used car dealerships strive to hit each their quota each month, you can likely find great deals during this time. Before dealerships send their vehicles to auction, you will probably be able to walk out with an awesome and affordable new ride.
- Pretty much any time over the winter — Though you can certainly find great deals during the summer and spring, the best time to buy new used cars is over the winter. During the winter, demand is much lower. That’s why right around New Year’s is one of the best times to buy cars because it’s winter, near the holidays, and at the end of the year — the trifecta for buying used cars!
- July and August — Dealers often try to clear out their pre owned cars in July and early August as they receive new models and as registration plates change.
The best time to buy a used vehicle, however, is actually before you need one. Since it’s important to spend plenty of time researching a car before you make a final purchase, you’re going to need that time. If you wait until your current vehicle breaks down, it could take a while to find the perfect car or come up with the necessary cash.
If you want to checkout some quality pre owned cars, contact Auto Sales and Service today and enjoy your new ride!
Finding the perfect car can feel like searching for a needle in a haystack. There are so many options to choose from and no matter how many used cars you see, there will be pros and cons to each model. Though used car dealers are there to help make the buying process as simple as possible, you still need to be prepared before you head to the lot. Here are a few of the most important things to do before you start working with an auto sales expert.
1. Set a Budget
Sure, you may have your eye on that dream car, but buying something you can’t really afford will put a strain on your monthly budget and make it far less fun to drive. Instead of going with the car you love regardless of price, set a firm budget and stick to it. Take a look at your expenses and your income for each month. Then, decide how much money you can reasonably afford to pay towards an auto loan.
Once you have that number in place, you’re ready to start shopping with used car dealers. Only look at vehicles that fit your budget and avoid anything more expensive. If you can’t afford it, you don’t need to look at it. Remember, most people search for used cars with a top price of $5,000. There will be an option for you out there even if your budget is tight.
2. Consider What Type of Car You Really Need
Are you looking for a new-to-you car to commute to work or will you be hauling heavy loads day after day? The last thing you want to do is buy a used SUV that guzzles gas when you really need a hyper-efficient and affordable commuter car. Think about what you plan on doing in the vehicle before you head to the dealership. Remember, your auto sales team will be better prepared to help you find the right car if you tell them what you need from the start. Otherwise, they’ll only be able to guess your needs and may show you cars that won’t be the right fit for you.
3. Be Prepared to Leave the Dealership without Making a Purchase
It’s easy to get wrapped up in the excitement when you’re shopping at used car dealers. But the last thing you want to do is make a rushed decision. Cars are a huge investment, even if you finance the purchase. If you need to take time to think about a certain car, do it. This way, when you decide to buy the car, you’ll know it’s the right decision for your needs.
Ready to start looking at quality used cars? Stop by Auto Sales and Service today. We have the high-quality pre owned cars Indianapolis residents need at a price they can afford.
The average age of a vehicle currently on the road in the United States is about 11.6 years. Though buying new cars is certainly a good option if you can afford it, you should never feel bad about purchasing or owning a used vehicle. They are quality automobiles, too.
There are plenty of excellent pre owned cars located at used car dealerships across the country. It’s important to know how to get a good deal for these cars, however, so you don’t end up spending too much for a vehicle that you could otherwise get for a more reasonable price.
Here are some great tips for buying used vehicles:
- Develop a strict budget — It’s imperative that you set your budget early on in your car buying process. Decide how much you can spend on a vehicle and how you’re going to pay for it.
- Narrow down your search — Make sure you’re aware of exactly what type of vehicle you want. If you’re unsure of what car you want, you might feel overwhelmed as you visit various used car dealerships. Based on you and your family’s needs, make sure you narrow down your search based on lifestyle to find the perfect vehicle.
- Always go on a test drive — No matter what kind of vehicle you’re going to buy, you should always give it a test drive before you make a final purchase. You might end up hating it once you’re behind the wheel, so it’s important to find that information out as soon as possible.
Here are some great used cars on the market today:
- 2012-2018 Toyota Corolla
- 2012-2017 Toyota Camry
- 2011-2018 Chrysler 300
- 2013-2018 BMW 3 Series
- 2008-2018 Dodge Challenger
- 2007-2017 Jeep Wrangler
- 2007-2017 Jeep Wrangler Unlimited
- 2011-2018 Ford Explorer
- 2014-2018 INFINITI QX60
As a whole, you should make sure you’re aware of what kind of used vehicle you want to purchase. Additionally, you should always ask for a test drive prior to making a final purchase. If you want to learn more about used auto sales and check out quality pre owned cars, visit a trusted used car dealership; head to Auto Sales and Service today.
Owning pre owned vehicles is a great way to have multiple reliable cars while saving money. Unfortunately, since most used cars have had an average of three owners, you need to focus even more on vehicle maintenance in order to get the most out of your car.
Of course you should be taking your vehicle to a reputable shop every few months to ensure that everything is working properly, but there are plenty of other things you can do, as well.
Here are some helpful tips for taking better care of your pre owned vehicles this year:
- Check and change your oil — This is perhaps the most important step when it comes to keeping your engine functioning properly and your car working well. Neglecting your oil level or forgoing regular oil changes will destroy your engine quickly — so check often and schedule an oil change.
- Keep your car clean — Washing the outside of your car is great, but you need to clean your vehicle’s interior every once in a while, as well. Also, you need to clean your car’s undercarriage since just about everything your car runs over can get stuck to the underside. Hose off that road grime and winter salt to keep your entire car looking and feeling great.
- Clean your windshield — A dirty, foggy, worn-down windshield doesn’t just look bad, it obscures your view of the road and can be a major safety hazard. It’s recommended to thoroughly clean your windshield at least once or twice a week. You can do this at any gas station with a squeegee. Simply soak the windshield with the cleaning fluid and pull the squeegee tightly from the middle to both sides and then top to bottom.
Owning any kind of car is a major responsibility — so you need to make sure you’re staying on top of your car’s maintenance and visiting trusted auto shops every few months. If you want to learn more about how to better take care of your pre owned vehicles this year or find some quality used cars for sale, give Auto Sales and Service a call today.
When it comes to car shopping, it’s best to visit reputable new and used car dealerships for the best new or pre owned vehicles on the market. There are plenty of backend ways to find vehicles, but you could end up spending a lot of money on an automobile that won’t last very long. Working with professional auto dealers will help you better understand the auto sales market, leading you to drive off the lot in a high-quality vehicle instead of a total lemon.
When it comes to buying pre owned vehicles, however, there is a little more work that needs to be done to ensure that you’re getting a quality automobile for the right price. Here are some important questions you should ask a dealer when you’re shopping for used cars:
- What’s the average price of the vehicles you sell? — First, it’s best to get a firm understanding of the auto market in general. Currently, the average price of a new vehicle in the U.S. is approximately $35,309. However, every used car dealership caters to a different demographic. By asking this question, you can get a sense of whether you’ve arrived at the right dealership for your used car search.
- How has the vehicle been maintained? — You should ask to see if the car has been serviced by an independent mechanic, a mechanic not affiliated with a garage, or at a dealership. Additionally, you should find out if the vehicle’s maintenance is up-to-date as well.
- Has the vehicle been in any crashes? — Usually, auto accidents will show up on a vehicle history report, but not all the time. Whether or not any incidents are listed in the report, it’s still recommended to ask the dealer if the car has been involved in an accident. If there have been crashes, find out how and when it was damaged and how and when it was repaired.
- Are there any specific fees I should be aware of? — Once you have identified a prospective used vehicle and are ready to make an offer, you should check to see if there are any dealer document fees or additional dealership fees. Asking this will give you a better idea of the final cost.
If you’re ready to find out more about purchasing some quality pre owned vehicles and want to head to a reputable used car dealership, check out Auto Sales and Service today!
If you’re thinking about buying a new car this year, don’t make the mistake of shelling out a significant amount of money for a vehicle that you could acquire for a lot less. Your best bet, especially if you’re looking for a winter vehicle, is to check out used car dealerships and inquire about the used car sales on the lot.
Though there are plenty of used vehicles on the market with a wide range of cost, most buyers don’t have to spend much more than a few grand to get a reliable automobile. In fact, the most frequently searched vehicle price range is around $5,000 or less.
Here are some of the most affordable used cars on the market today:
- Chevy S10 Truck — Though S10s might seem like beater trucks, these vehicles can actually look quite nice as long as you take care of them. These trucks are capable of hauling all kinds of items and can be driven for years — especially in the winter. You can find these S10s at used car dealerships for under $3,000.
- Saab 9-3 Wagon — A 2007 Saab 9-3 Wagon comes equipped with a turbocharged engine, agile handling, and looks great. Though 2007 was more than a decade ago, this is still an extremely reliable vehicle. In fact, the Insurance Institute for Highway Safety selected the 2007 Saab 9-3 Wagon as a Top Safety Pick when it was new. The average price for this vehicle is $4,515.
- Honda Accord — There are plenty of Accords out on the U.S. roadways and there are two main reasons for that: they are reliable and they are affordable. You can find quality Honda Accords from the 1990s and even 2000s for around $3,000 to $5,000. Similar to the Honda Civic, which is another popular vehicle, Accords are just as affordable but are even more comfortable, with nicer features, and aren’t as likely to have been modified than pre owned Civics.
If you want to check out some quality used car sales for yourself and visit a reputable used car dealership, head to Auto Sales and Service today!
Buying a car can be a little intimidating if you’re not working with a reputable new or used car dealership. Luckily, there are plenty of great options on the market that you and your family will love. Especially for used cars, since these vehicles are extremely affordable and rarely sacrifice any quality since automakers have been utilizing top-of-the-line auto technology for the past decade or so.
Used cars make up three of four auto sales in the United States. The average days spent on the market for all used vehicles is approximately 46.4 days. Some of the most popular used cars only last around 35 or even fewer days, however. Here are some of the best used vehicle options on the market today:
- Honda Accord — You can drive around for 15 minutes just about anywhere in the country and you’ll probably see multiple Accords on the road. That’s because this is not only a reliable and affordable vehicle but one that looks great, too. Honda Accords typically spend 35.5 days on the auto market.
- Toyota Prius C — Over the last few years, a major shift has occurred in the auto market — and that’s the increasing popularity of Prius and electric/hybrid cars.
“The performance of hybrid and electric cars, especially the Prius, has helped consumers abandon their initial concerns about battery life, and this perception change has contributed to the rising popularity of these vehicles,” said Phong Ly, CEO of iSeeCars.
The Toyota Prius C is no exception and is actually the fastest-selling used vehicle today, remaining on the market for an average of only 29.6 days.
- Tesla Model S — Though not everybody considers buying a used Tesla because affordability isn’t exactly it’s strong point, this vehicle is still a popular option for many U.S. drivers. The Tesla Model S stays on the auto market for about 32.4 days.
- Chevrolet Volt — This vehicle is also a plug-in hybrid and has been enjoyed by U.S. drivers since 2011. This vehicle is affordable, environmentally friendly, and only stays on used car dealership lots for an average of 34.3 days.
If you want to check out some terrific used cars for sale and work with a trusted used car dealership, give Auto Sales and Service a visit today!
Though used vehicles sales have been on the rise for the last seven consecutive years, the auto market, in general, has seen a recent dip.
According to CNBC, auto dealers have been noticing slowing sales, which is subsequently causing some concern that a long-exacted auto decline is right around the corner.
“We are definitely seeing business pull back,” said Scott Adams, owner of a Toyota dealership in Lee’s Summit, Missouri. “September was off some, but this month our car sales are down 12% and our truck sales are down 23%.
Since the most frequently searched for vehicle price range is around $5,000 or less, the used vehicle market isn’t experiencing as much of a decrease in sales as newer models — but auto loan interest rates have been increasing, as well, which could impact the entire auto industry.
During the second quarter of this year, the average vehicle interest rate was 5.76%, up from 5.2% for the same time in 2017.
Still, taking a step back, auto sales are still quite robust and are even on pace to top 17 million vehicles for a fourth-straight year, which would be a record for the industry. But a decline could possibly be looming.
However, there has been a recent surge in online used car shopping that could potentially save the oncoming decline.
According to 660 City News, the rise in the used vehicle market goes hand-in-hand with the improved quality of used automobiles nowadays, since cars are lasting much longer than in the past.
“It takes 23 years to remove the vehicles from the road now, a decade ago it only took about 12, so it [has] essentially doubled,” added Dennis DesRosiers, president of DesRosiers Automotive Consultants. “It’s not that far long ago, call it 15 years ago or maybe 10 years ago, where the used car market was largely a culture of deceit… even if the online capacity was there, there was just so much riffraff in the used car market that it was very dangerous. A lot of that has changed.”
If you want to learn more about the used car market, auto sales in general, or check out vehicles at trusted used car dealerships, give Auto Sales and Service a call right away!
If you’re looking at cars at a used car dealership, odds are that you’re going to need a car loan. Unless you have a stockpile of cash in your bank account, you will need to borrow money to own one of these cars. Here are the five steps you need to follow in order to get a car loan.
Step 1: Check your credit
The first thing you should do it check your credit report. The better your credit is, the cheaper it is to borrow money and secure auto financing. With a higher credit score and a better credit history, you will usually get a lower interest rate. You might also qualify for lower car insurance premiums too. A lower score won’t necessarily prevent you from obtaining a car loan, but it might raise your interest rate.
Step 2: Determine your budget
It’s essential to have a budget before you start looking for a car loan. You want to make sure your loan payments will fit with your monthly budget as well as your long-term financial goals. If you don’t have a budget yet, look at your monthly income after taxes as well as how much money you want to put into savings each month.
Step 3: Know how much you can afford
Once you create your budget, you need to figure out how much you can afford to add to your expenses every month. For most, the most frequently searched vehicle price range is $5,000 or less. A good rule of thumb to follow is that you shouldn’t spend more than 10% of your income on a car.
Step 4: Get preapproved
Now that you know how much of a monthly payment you can afford, you’ll want to get preapproved for a car loan. You can research potential loans and compare the rates, lengths of time, and interest rates to find the best deals. Some dealerships offer financing options right on site, so you can research local dealerships too.
Step 5: Go shopping
Now, you’re ready to start looking for a new car. Look for cars that are reliable and fit into your budget. You should also consider things like size, color, gas mileage, and extra features you might like.
Follow these five steps and you’re on your way to getting a car loan. Remember that the more research you do, the better.