Top 5 Used Car Buying Myths

By: Kris LeSueur   |   04 Nov 2019

Everyone buys a car at least a few times in their life, and although it should be a fun experience, it’s often met with many misconceptions and disappointment.

At LeSueur Car Company, we want to make the car buying process as easy as possible for you. Before you test drive a new vehicle, consider the following used car buying misconceptions.

Myth #1: Used Vehicles Will Cost More in The Long Run

In the last decade, vehicles have made tremendous mechanical improvement. In the past when someone purchased of a used vehicle, there was an expectation that a significant amount of maintenance would be required. Today’s cars can easily reach 200,000+ miles before ever experiencing a major problem.

Additionally, a used car will save you money in the short and long term due to the avoidance of depreciation costs. Cars depreciate the day you take them off the lot, and lose up to 50 percent of their value within five years. Purchasing a car that is only a few years older can save you thousands of dollars off the sticker price, and can also save you money on monthly payments and insurance premiums.

Myth #2: You Should Never Finance a Used Car

Paying for the value of the entire car with cash generally doesn't save you that much money in the long run. If you can find a used car dealership with a good reputation (like LeSueur Car Company), they usually won't require a large down payment to buy a vehicle.

As stated earlier, proper maintenance of a pre-owned vehicle can make it last for years to come. Within a relatively short time frame, you can pay off your loan amount and enjoy a reliable car.

Myth #3: Shopping Online Is the Best Method

While it may be convenient, the Internet is not the best place to look for a used vehicle. Many sellers who conduct their business privately don't necessarily have the reputation or the trustworthiness of a used car dealership like LeSueur Car Company.

For instance, at LeSueur Car Company, all of our vehicles have a Carfax report and go through a rigorous multi-point inspection.

Myth #5: Dealerships Want to Sell You Something Out of Your Budget

The stigma of the greedy salesman who wants to take advantage of you is not the case at LeSueur Car Company. Our family and team wants to put you in a vehicle that you can afford and love.

In fact, the goal of any reputable dealer is to make sure you are more than satisfied with your purchase and become a lifelong customer. This is why we carefully consider your concerns and strategically help you determine how your purchase will fit into your current budget.

Why Choose LeSueur Car Company

Now that you are aware of the misconceptions about buying a used vehicle, you have all the information you need when you visit our dealership. Click here to browse our inventory today!

 

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