Purchasing a used car is exciting, but the shopping process can be difficult to navigate. It’s normal to have questions while shopping for a pre-owned vehicle, so we put together a list of used car buying FAQs to clear up any confusion you have about warranties, financing, and more.
Here are some common questions used car shoppers have when they visit Mile High Honda.
1. What’s a certified pre-owned vehicle? A certified used car or pre-owned vehicle undergoes a thorough inspection from a factory-trained technician to ensure that it meets the requirements of a manufacturer’s program. Before appearing in a showroom, the dealership replaces or repairs any part that doesn’t meet the standards of the manufacturer, giving shoppers peace of mind that they’re purchasing a quality vehicle.
For example, Honda’s certified pre-owned vehicles must be six years old or newer with fewer than 80,000 miles. Each vehicle includes the following: roadside assistance, a 182-point mechanical and appearance inspection, a seven-year/100,000-mile powertrain warranty from the vehicle’s original in-service date, a 12-month/12,000-mile non-powertrain warranty from the original warranty expiration date or, if the warranty expired, from the Honda Certified Used Cars purchase date, a transferable warranty, a CARFAX® Vehicle History ReportTM, trip interruption protection, and a $0 deductible.
2. How can I tell if a vehicle has been damaged from a car accident, flood, etc.? If you’re considering a used vehicle, check its body for structural or frame damage. They could be scars left over from a collision, fire, or flood. Vehicles with damaged frames can be unsafe during an accident, so always look for the following signs before making a purchase:
- Replaced trunks, hoods, windows, or doors.
- Trunks, windows, doors, or hood don’t close correctly.
- Inconsistent paint finish. This could indicate that the body was repainted after an accident.
- Welding marks beneath the hood.
- Holes, gashes, or clamp marks in a vehicle’s frame.
- Damp spots, water stains, rust, or signs of mildew and mold inside a vehicle’s cabin.
- Mud, sand, or silt under a vehicle’s seats or in its glove compartment.
3. Should I purchase an extended warranty with my used car? An extended warranty covers a vehicle’s repair costs after its standard warranty expires. There could be some overlap between the two, but extended warranties usually pick up after the standard one ends. They’re designed to reassure shoppers that they won’t get stuck with an expensive repair, but their policies can vary from dealership to dealership.
Before purchasing one for your pre-owned vehicle, read its policy carefully to decide if it’s something you’re interested in.
4. Why are used cars with one previous owner worth more? Typically, one-owner used cars have less mileage and wear and tear than two- or three-owner vehicles. As a result, almost 80% of car shoppers said they prefer vehicles that had one previous owner, according to CARFAXTM. You can check a vehicle’s CARFAXTM history report to find out how many owners it had.
5. How can I spot a salvage title vehicle? Insurance companies issue salvage titles when the cost of repairing a vehicle after a flood, fire, or crash is approaching or greater than its value. Generally, vehicles with salvage titles sustained serious mechanical or structural damage, so it’s best to explore your other options if a car you’re considering has one.
Look at its title document. Terms like totaled, salvaged, junked, rebuilt, reconditioned, and warranty returned indicate that a vehicle’s been salvaged.
Find Out More at Mile High Honda
Shopping for a pre-owned vehicle in Denver, Aurora, or Centennial can be overwhelming, but Mile High Honda is here to help. If you have any questions about buying a used car, contact us.