Used Car Pricing: Why Cheaper Isn't Always Better

Are you looking around the many dealerships in Lynchburg, VA for a great value on a used car? Maybe you are hunting for a particular make and model, or maybe you’re just looking for the cheapest car possible. If it’s the latter, you may want to keep reading. Because when it comes to buying used cars, cheaper isn’t always better.  

3 reasons cheap used cars aren’t better 

Cheaper cars are often less reliable 

One of the reasons that a car is so cheap may be because it’s been on the road for so long and put through the ringer by several owners. If the car’s mileage is high or it has undisclosed mechanical issues, it might not have much life left. That means that even if you buy that used car really cheap, you may very well be forced to buy another car much sooner than anticipated, when that cheap one gives out on you. 

Cheap cars can be expensive to own 

If you’ve been shopping around used car dealerships in Lynchburg, VA, you may have seen some luxury cars for sale at a fraction of their retail price. This sounds like a steal when you consider the kind of car that you are getting. But, again, cheaper isn’t always better. Luxury cars like these can be incredibly expensive to own. Repairs and maintenance costs are often a heck of a lot more expensive than other brands. They are also usually more expensive to insure. 

No resale value 

Not everyone buys a used car with the intent of driving it for a long timeIn fact, a lot of used car buyers choose to buy an older, less expensive used car as a stepping stone to build credit or save money towards the purchase of a newer car. That means you will eventually want to sell it or trade it in towards another purchaseWell, guess what? A cheap used car has very little, if any, resale value. If you think you will want to resell or trade your used car in the future, consider investing a little more in order to protect your resale value. 

Choose one of the best dealerships in Lynchburg, VA 

If you’re looking for a great value used car, visit Terry Auto Outlet VA  one of the best used car dealerships in Lynchburg, VA. With almost 100 used cars on the lot, and more available from the clearance center, you are sure to find a car you love at a price you love. For more information give the sales team a call at 434-386-8439 or come down to the dealership located at 2828 Candlers Mountain Rd, Lynchburg, VA, 24502.

Categories: Pre-Owned Inventory, News, Tips

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