5 Ways to Save Money on Your Car Purchase with EpicVin

If you want to buy a car, then think about whether you need a new one? Used vehicles can not only be as good as new ones but also have some advantages. They really help you save money. And not only on the purchase itself. For example, often, the taxes on such cars are much lower, which will allow you to spend much less money in the long run. With all this, if you carefully approach the issue of choice, a used car will last you as long as the one that you pick up directly from the salon.

The situation with used cars under 500 is a bit different. In this price range, it is quite difficult to find a copy in good condition. However, it is still possible. Such vehicles usually have certain problems, but still, with due attention and care, over time, you can turn them into something really worthwhile and attractive. The main thing is to take a very responsible approach to the issue of choosing and checking a used car under $500. Be sure to study the history of the selected instance. You can check it with a special EpicVin VIN decoder. Thanks to this, you will learn about all the technical and legal problems of the vehicle and, based on the data received, make the final decision regarding the transaction.

In general, buying a used car is the most efficient and cost-effective investment. Even if you have the opportunity to purchase a brand-new vehicle, you can save money and get yourself a used version without losing anything.

Benefits of buying a used car:

1. Price

This is one of the main incentives for buying a used car. If finances or other circumstances do not allow you to take a new model, then you can choose a two-three-year-old car in the secondary market. In this case, the price will be significantly lower while maintaining the level of comfort and quality of control. Or you can buy a cheap car under 500$. In this case, the savings will be even more significant, but with due effort, you will be able to find a good enough copy. Although, you may have to sacrifice functionality and low mileage.

2. Less cushioning

A new car that has left the salon of an official dealer immediately loses at least 10% in value. Over the next three years, the cost of a car decreases by another 10% -15% on average. Buying a used car, you can later sell it for almost the same amount.

3. Liquidity

The market for used cars is large, but mostly the most popular models are represented on it. This means that at one time, a used car bought can be sold on the market without any problems. Well, if you buy a used car under $500, then for some time, you will be able to restore it to excellent condition and sell it for a higher amount than you spent on the purchase and restoration.

4. Fixed many defects

Various hidden defects of the model, various breakdowns and failures of systems and equipment – all this happens to the car in the first three years of life and is changed by its owner under warranty. When buying a used car, you get a copy in which the main problems have already been fixed.

How to save money when buying a used car

If you still decide to save money and buy a used vehicle, follow the tips below to make your deal even more profitable.

1. Conduct a thorough history check of the car

As suggested by the experts at Classic Elite Chevy, before making the final choice of a vehicle, be sure to make sure that everything is in order with it technically and legally. To do this, you can use a special VIN decoder. In this way, you will be able to find out what accidents the car has been in, what its real mileage is, whether it is stolen and how many owners it has had. This information will allow you to understand how profitable and reasonable the transaction will be. It is especially important to check the vehicle if you are looking for used cars under $500. Such instances can be full of surprises, so you will have to make sure there are no serious problems. You can easily check the desired car using the EpicVin service.

2. Find out the real market value of the model

If you are buying a used car, you should know what its market value is. Otherwise, you may pay too much and the deal will not be profitable. If you have this information, you can easily reduce the price of the selected vehicle model.

3. Bargain

When buying a car from another owner, you can easily bargain and, perhaps, you will be able to purchase the selected copy a little cheaper. Private owners are people just like you, so you will have the opportunity to negotiate better terms for you. In addition, they are usually interested in selling as quickly as possible, which means they can make concessions to you. For example, a car that cost $600 can be purchased for less than $500. However, if you want to lower the cost a lot, you must have good reasons for doing so. For example, you point out to the seller about the problems of the vehicle, which he did not mention in advance.

4. Compare prices for the selected car model

Use EpicVin to see what prices are being offered at various locations for the car of your choice. Compare them and decide on the purchase in favor of the most profitable and high-quality option. You can explore various offers from private sellers, dealerships or auctions. The latter option is especially relevant if you need a good used car under $500.

5. Consider a cheap vehicle under $500.

Buying a car in this price range is a great way to save money. If you conduct a thorough search, you will be able to select a copy in good condition. Of course, you’d be better off having some cash for the first service, but it’s still a lot cheaper than buying a new or nearly new car. In addition, you can restore such a vehicle and bring it to perfect condition. However, in this case, you need to be prepared for the fact that this process can take time and effort.

Buying a car is one of the most important and serious investments in your life. However, you can make this waste of money less noticeable and difficult if you follow all of the above rules. Be sure to check the selected vehicle, compare prices for the desired model, find out its real cost and, of course, negotiate with the seller. In this case, you will really save your money and the deal will hit your budget less.