How to get a Good Deal on Used car?

Why just a good deal, you can get the best deal on used cars provided you spend a patient day or two. Here are a few tips that you may well know but which are still worth a recap.

Timing the Used Car Market:

The later part of the year presents an opportune moment for not just for ‘discovering’ the dream car but it’s also the season for availing a loan on used car on surprisingly attractive terms. Manufacturers would have released their next years’ models and quite a number of people trade-in their vehicles for a new one. Meaning, there is a good supply of used Audis, BMWs, Chevys and other popular cars allowing a good selection. The dealers too are in a hurry to clear the inventories and so don’t mind bending the interest rates a bit.

Just to give you an idea, you can get anywhere between 25% and 40% off on a pre-owned 2013 Audi S5 in excellent condition.

Pre-owned car loan:

Gone are the days when you had to shell out cash on the barrel for second-hand cars. Pre-owned car loans terms are now so flexible that you can trade-in your present set of wheels and opt for a loan for the balance of cost.

Talking about flexibility, a New Jersey pre-owned car dealer is offering loans to people even with a bad credit history and promises to process the application in just 24 hours. The rickety economy has a few benefits after all!

Pre-owned car from manufacturers:

Authorized dealers buy back cars, inspect, recondition and put them back in the market as certified pre-owned cars. The significant advantage here is this: the dealer puts the car through a manufacturer-specified inspection program and scrutinizes something like over 200 checkpoints of the car. And, any parts that are replaced will be genuine ones. There is a catch however; these certified used cars cost a bit more compared to the vehicles sold by the so called ‘non-authorized’ car dealers, but Audi and BMW are offering several advantages that offset the higher price.

Pre-owned BMW ideas:

Remember, this is the right time to buy the car. If you buy a certified pre-owned BMW before the end of October 2013, the manufacturer is backing it up with up to six-year/100,000 mile protection plan, 24/7 free roadside assistance and an incredible 0.9% APR and payment credit option on certain select models. And, there is little to argue about prices what with say a 2013 BMW X3 xDrive35i that has done a little below 9,000 miles costing about $48,946. This ‘ultimate driving machine’ (that’s what BMW calls its range) is an AWD 4-door SUV that takes you approximately 19 miles in the city and 26 miles on the highways.

Options on Pre-owned Audi cars

S5 Audi Coupe along with S5 Cabriolet is leading the popularity charts for a good reason. The car drives sports a unitized steel body that carries 12-year limited warranty against perforation due to corrosion.

The certified Pre-owned Audi car loan offers are difficult to believe; depending on the model you are currently driving, the area you live in and credit rating, it’s possible that you drive away a used Audi with $0 down payment. Or drive the latest model with lower monthly payments by opting for lease a CPO Audi.

Two final tips, if you are buying  from the regular secondhand car market; check to what extent the accessories in the pre-owned car are original ones. This helps you to bargain on the price. And, make sure to spend on full-fledged detailing, the used car will not only look new, but it will last more miles.