WSPA
Scene on 7 Carolina's CW Your Carolina
|
 
NewsNews

Used Car Sales Climb

»  Comments | Post a Comment

If you're looking to buy a car, car dealers say now is the time to buy a used one. Used car sales are rising. Not only will you likely get a lower price, you'll get more money for your trade in, too.

New or used, car dealers are making deals to make some sales.

And they say used car sales are climbing. "Because we're dealing, we need business, everybody needs business," said Kyle Milner, Used Car Manager for Dave Edwards Toyota.

Said Jay Wakefield of Wakefield Buick Pontiac GMC, "I think that consumers that have put off a car buying purchase, they'll look at used first to see that there's value there."

Some dealers say they're struggling to keep enough used cars on their lots. Dave Edwards Toyota sent out a mailer saying they are "in need of quality pre-owned vehicles."

Said Milner, "If they don't even trade with us, we're trying to buy those vehicles from them."

What does that mean for you? Some dealers say you can may save about 10% on the price of a used car and get about 10% more for your trade-in.

Said Wakefield, "The customer who is looking to trade in, their car is worth a little more."

If you have a vehicle to sell, some dealers say they're actually looking for trucks and SUV's. They struggled to sell them last year. But now, gas prices are down. Said Wakefield, "The demand for trucks, the demand for vehicles that can move a family and that people need for the upcoming summer season."

So can you get a loan? Dealers say lenders are loosening up. Said Wakefield, "I have seen over the last 60 days, the number of their applications is steadily risen and they are buying a lot of our business."

The rise in used car sales may not just mean a new used car for you, it could help stimulate the economy, too.

Here are some tips to get the most for your money when buying a used car:

determine how much you can spend and what you want before you shop,
ask if there's a warranty still in effect-- that will save you money on repairs,
have a mechanic check it out,
get the vehicle history report,
and don't be afraid to negotiate and shop around.

Terms and Conditions

Advertisement

 
 

Advertisement

Reader Comments

*Facebook Account Required to Comment. If you are not already logged into Facebook, please click the comment button to do so.

Deal of the Day

Advertisement

Top Stories

Tracking the Tropics

Tropical Storm Watch Lifted For S. Carolina Coast

Tropical storm watches have been lifted for the South Carolina coast as the first storm of the 2012 Atlantic hurricane season spins offshore.

Motorcycle Safety

Deadly Weekend For Motorcycle Wrecks In The Upstate

Five people have died in the Upstate from motorcycle wrecks since Friday afternoon.

Club Stabbing

Stabbing At Local Club Leaves Man Injured

A stabbing at a Greenville club leaves one man injured.

Gaffney Shooting

Gaffney City Police Respond To A Deadly Shooting

The Gaffney City Police Department responded to a shooting at 800 Beech Street.

South Carolina state flag

With Dozens Off SC Ballot, Some Seeking 2 Offices

South Carolina politicians have a chance to win more than one office in a state where simultaneous campaigns are allowed.

Advertisement

Video

Motorcycle Safety
Motorcycle Safety

Accidents on the Rise in SC. Riders say more education is needed

Video

Club Stabbing
Club Stabbing

Club Stabbing

Video

Wofford Commencement
Wofford Commencement

Wofford Commencement

Advertisement

Media General
KewlBoxBoxerJam: Games & Puzzles
Games, Puzzles & Trivia
Blockdot: Advergaming and Branded Media
Advergaming and Branded Media

MyYahoo!