![]() ![]() ![]() To be clear, Edmunds isn't selling the vehicles, but we can help you locate and get in touch with the dealership to see the vehicle in person and complete the sale. Here you can search nationwide, get the price checked to see if it is high or a great deal and even see how long the car has been sitting on the dealer's lot. ![]() We'd be remiss if we didn't toot our own horn to say that Edmunds also has used car listings from a wide range of dealerships and in both CPO and non-CPO varieties. We also recommend that you read our "Field Guide to Independent Used-Car Lots." Edmunds Use your best judgment if you do business with independent dealers and make sure you run a vehicle history report for anything you are seriously considering. For example, one place might focus on European luxury makes, while another might specialize in classic cars. Some independent used car lots may specialize in a certain type of car, which can make your selection process easier if you have that type in mind. Large franchised dealerships often work with multiple banks, including some that specialize in less than perfect credit. If you're choosing this type of dealership in hopes of getting approved for an auto loan, consider checking with a big-name dealership first. It is worth noting that interest rates at independent dealers may not be as favorable as rates found at larger stores. If you have poor credit, you'll have a good chance of getting a vehicle financed at these dealerships. Independent dealerships are useful if you're trying to find a really inexpensive used car. The Better Business Bureau is also a good resource. Since the quality can also vary from one place to another, we recommend you run Google and Yelp searches and see what kind of reviews that dealer has. The used car selection can vary wildly, depending on whether you're shopping at a corner lot or a full-size dealership with a service department. Most dealership websites should include a link to a free Carfax or AutoCheck report, so make sure to take advantage of that and learn about the vehicle's history.įinally, whether the vehicle is certified or not, you should have the option to take a test drive just as you would on a new car.Īn independent dealership isn't associated with any particular automaker. Since dealerships accept trade-ins on a daily basis, you'll have an easy time finding these used cars at a dealer. Any major issues are usually fixed before the car is put up for sale. These cars don't typically get the same attention that a CPO car would receive but are still given a reasonable inspection. The remaining used car inventory falls under this category. One alternative might be to find a car from a private seller that is new enough to still be under warranty. Edmunds data indicates that consumers will pay on average a 6% to 8% premium for a 3-year-old CPO vehicle. CPO cars are typically the most expensive used car option. The coverage and convenience of a CPO car come at a price. Read "Certified Pre-Owned Cars: A Reality Check" to see what expectations you should have for a CPO car. But just because they come with warranties doesn't mean they are exactly like new cars. Our certified program comparison tool can help you see the differences in coverage. General Motors, for example, offers a one-year/12,000-mile bumper-to-bumper warranty and a five-year/100,000-mile powertrain warranty on all of its CPO cars. CPO vehicles, which are sold from dealerships of the same brand, go through extensive inspections and are reconditioned with factory parts. Each used car retailer has advantages and disadvantages, so depending on your priority (price? selection? warranty?), several outlets may fit your needs.īuying a certified pre-owned (CPO) car is a convenient way to find a used car, SUV or truck in excellent condition. Use this list as a quick reference guide to point you toward the best place to buy a used car. Check the vehicle identification number (VIN) at the National Highway Traffic Safety Administration's recall site so you'll know whether you're about to buy a car that you'll then need to take in for the free recall repair. Remember that you may find used cars for sale that are under recall and not yet repaired: It's not illegal for sellers to offer such cars. You may also need to expand your search further to find a car online or at a brick-and-mortar car dealer. This makes choosing the right used car retailer even more critical, as a mistake has never been costlier. As of this writing, we're facing a shortage of used cars, which has caused their market value to spike to record highs. In 2023, however, there may not be many "cheap" cars to speak of. But if you pick the wrong vehicle or place to buy, that "cheap" car could cost you thousands in repairs or finance costs. Many financial experts will tell you that buying an inexpensive used car and keeping it for years is one of the savviest things you can do to minimize the cost of car ownership. ![]()
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