If you are searching for the best place to buy a second-hand car, you may be frustrated by the variety of options. From private owners to global car-selling auctions, in-person or online, the used car market can bring you a dream car or a headache. We prepared this guide to help you minimize the risks and make a well-informed decision.
One of the most common ways to buy a used car is by addressing friends, acquaintances, or other private sellers. A cheaper price and personal communication are often enticing. However, the risks here are high, while with no assurance of quality.
As a rule, it is not easy to assess the technical condition of a second-hand car: you need a lift, diagnostic equipment, a device for measuring the paintwork, and a qualified mechanic to help you do the deep search for hidden problems. The former owners may believe that their car is the best. Not intending to deceive or mislead, they simply do not know that, for example, the thickness of the brake discs at the time of sale is already below the permissible limit, the yellow light on the dashboard Check Engine indicates one of the most expensive breakdowns and the imminent death of the catalytic converter or other serious failures that will demand extensive financial investments in future repairs.
While many large used car sites are categorized as independent dealerships, their pros and cons are quite special. Here is what you can expect from three of the most prominent chain used car retailer websites:
Despite the huge inventory and provided guarantees and perks, large sites have substantial disadvantages:
Among the most popular places to buy second-hand cars, people often consider sites of auctions.
eBay Motors is a subsidiary of the eBay auction. Its specialization is cars, motorcycles, and other land and water transport. Among other things, the auction offers a selection of auto parts and accessories.
Features and benefits of eBay Motors in the car market are as follows:
If you participate in the auction wisely, you can profitably buy a good vehicle. But check some discussions on Quora, which have not lost actuality for decades.
Insurance Auto Auctions, Inc. is very popular in the global auto market and is considered one of the most reliable and influential auctions in North America. It sells cars from legal entities, that is, mainly from banks and insurance companies. It specializes in cars with Salvage titles - crushed and damaged for other reasons (vandalism, damage from weather disasters). A casual buyer cannot buy a car at IAAI in person; only through dealer companies that are accredited at this auction.
If we consider the most popular sites to buy cars in the USA, then the Manheim auction is one of the leaders. It has 120 trading platforms in the United States and abroad and sells more than 50,000 vehicles daily. Manheim is a closed auction, with access only available to official dealers and licensed companies such as PLC Group. All cars at the Manheim auction are the property of leasing and insurance companies and banks, which were written off for various reasons (expiration of the warranty period, debt to the bank, etc.)
Copart Auto Auctions was founded in 1982. Today, it has offices in every state of the USA and many countries. The Copart auction presents cars put up for sale by various legal organizations (banks, insurance companies, financial institutions). The assortment includes cars after an insured event (accidents, theft, vandalism, damage from natural disasters) and seized from owners for non-payment of debts. In addition, Copart is engaged in the purchase and resale of cars, using its marketing tools.
Today, many services offer to buy a car at an auction. As a rule, such organizations work honestly. They carry out diagnostics, provide photos, and, if possible, the actual car history. The nuance here is that even if you win the auction, it is not a fact that you will get this car.
This is a kind of marketing research - if the auction organizers see that they can sell a car at a certain price, they often buy this lot themselves and then sell it for a little more, at auction or without. You can spend a lot of time looking through the lots and adjusting the bids, and in the end, you will be left without the desired purchase.
When purchasing a second-hand vehicle from a dealership, you have the benefits of checking it at the dealer’s car lot and often obtaining the CARFAX report with the vehicle’s history. The process usually involves selecting a car with no rush, comparing the prices for similar cars from different dealers, obtaining a quote, and exploring financing options.
There are several advantages to buying a used car this way:
Check our guide on how to choose a used car dealership.
A local used car dealership near you can become your best place to buy a vehicle. If you can't find the model you like in the nearest, you may enlarge your search. Some dealerships offer online car-selling services and even free shipping of your car to your doorstep.
Indy Auto Man, Indianapolis, is a multi-brand used car dealership with a rich inventory of vehicles for any taste. All models are available for online purchase with free delivery within a 250-mile radius of the dealership. Our dynamic pricing provides customers with the best offers in the Indiana market, and collaboration with local and national banks will secure advantageous financing deals for everyone.
Choose your favorite car and visit us for a test drive in Indianapolis!