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Top 5 Myths About Buying a Used Car

Scale showing myths and facts.
Scale showing myths and facts.
Buying a vehicle can be big decision, but unfortunately we hear a lot of misconceptions about the topic of buying a used car. We will talk about 5 Myths that are inaccurate. We think it is important to set things straight and make things clear.

#1. If We Pay In Cash We Will Receive a Better Deal

This is typically our first thought. We have the full amount in hand, ready to be paid in full. Now we believe we will get a lower price. But unfortunately nowadays, this isn't the case. Everyone in the car business wants to make sure that they are still making money, and one way to do this is by financing your vehicle. When we talk about paying in cash, at times it can actually discourage giving us a discounted price.
Cropped image of man counting fifty dollar bills at home

#2. Never Finance With The Dealership

Now if we ARE looking for financing our vehicle, don't run away from the thought of financing with the dealer. Especially if we have a good credit score. It might just be worth looking into seeing what they have to offer. At times, dealerships have amazing specials where they offer low interest rates because they have the access and pull to do so. Where as local banks may have no incentive for giving you a low rate on your vehicle.

#3. The Internet Is The Only Way To Find A Used Car

Typically speaking the internet is a great way to find a used car, but it isn't the only way. When we look on the internet we may come across cars that are overpriced, not in the condition they appear in the photos, and also we could be dealing with dishonest people. If we come across a vehicle that we saw at a dealership, or one for sale by a private seller we may just be in luck.

#4. Buying a Used Car Automatically Comes With a Warranty

We need to be careful into thinking that our car will always come with a warranty. Yes, it would be nice and an ideal situation, but especially with older cars we should check into the factory warranty and seeing if our vehicle is still being covered up to a certain mileage or date. We can also ask (if we are buying from a dealership), if they offer any warranties for our car. We might be surprised in what they have to say and deals that they can give.

#5. Never Buy An Older Vehicle

This should not come as a surprise for us, because everyone is different. Some only like to purchase new vehicles, and thats great! But as for most of us we love looking and doing research on older cars. It is a great way to save money and still get a car thats new to us. Of course we need to look into the history of any car we are looking at, but for the most part this is the way we can get the most bang for our buck.

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The Car Market In Puerto Rico After The Hurricane

On, September 20th a category 4 hurricane that carried 150 mph winds made landfall on Puerto Rico. It has left thousands without power, water, and with limited resources. Now as they try to get back to rebuilding their lives, jobs, and communities they are finding it is very difficult to do so with the lack of transportation. The car sales have naturally decreased dramatically after such a devastation to the island. About 1/4 of the cars were lost to flood damage. Many of the damaged vehicles will most likely end up at Insurance Auto Auctions. We can only imagine that the demand for a vehicle is very high. With people needing to return to their regular daily lives, commuting for work, and taking their children and getting them back to a good routine at school. Simply the supply is just too low when it comes to purchasing a vehicle. But they are doing everything they can to change things little by little, and make them more available. A Fact To Remember We will remember just 6 months ago, when Puerto Rico claimed the Guiness World Record for the longest parade of classic cars: 2,491. It is evident that puerto rico has one of the highest rates for car ownership in the world. Positives For The Future Taking one day at a time, we will slowly see little improvements. As different organizations, associations, and families that were not effected by the hurricane season this year, will continue to try to pull together what they can to donate to the island and the people there. Getting the remainder who stayed on the island back on their feet.

honda cars parked in front of a dealership in a downtown setting.

The Future Of The Car Industry

Gas Prices sure can increase quickly, but how long does it take them to come down? It seems like we are constantly watching the prices rise at a rapidly increasing rate. What does this mean for the average consumer? It could mean that we are starting to second guess upgrading to a bigger vehicle, with the extra space and power. Which could signify that we are starting to search for a smaller vehicle one that gets better gas mileage and has a smaller engine. But just because we might need to start looking for a car with a smaller engine that won't consume as much fuel, doesn’t mean we have to downsize the power that we want as well. Honda Accord now makes a Turbo Charged Engine. It is a smaller engine but the turbo gives it the boost it needs to make up for any power losses. Definition A turbocharger, or colloquially turbo, is a turbine-driven forced induction device that increases an internal combustion engine's efficiency and power output by forcing extra air into the combustion chamber. Benefits of a Honda Accord With a Turbo Charged Engine Increased Horsepower- Makes more power at a lower rpm It feels more relaxed to drive Increased reliability of engine Higher Efficiency- Runs off energy that is typically lost in naturally aspirated engines, thus the recovery of the engine improves the overall efficiency of engine What Else is Changing in the Car Industry? We have found more and more cars are being made with aluminum bodies. There are some advantages of this as well as disadvantages. Read along with us as we go over a few. Pros 1. Lightw eight 2. Strength and Durability 3. Safety Benefits When applied to an optimized automotivebody structure, aluminum can provide a weight savings of up to 50 percent compared with the traditional mild steel structure. Due to the reduced weight, the car will use less fuel. Aluminum body structures are equal or superior in strength to steel and absorb twice as much crash-induced energy. We have found  that with Honda they tend to make their hoods and trunks with aluminum which saves on weight, but usually does not affect body shop and insurance rates. Cons Now the we considered the pros. When dealing with aluminum it does not come without its disadvantages as well. 1. Higher costs to repair 2. Inability to be welded easily 3. In some situations it is more difficult to paint Aluminum is more expensive than steel, as much as two to three times more. A drawback that comes along with it being more expensive, is you will find that you are spending more money at the body repair shop. When it comes to welding it isn't as easy as if a steel door panel needs to be repaired. Usually with steel it can be welded back together easily, primed and repainted to look like no damage was even done to the vehicle, unfortunately this can't be done with aluminum. Now, we wait and see, to find out exactly what the future of the car industry will decide to do. Will they completely make the switch to aluminum? Or will they keep using steel because it is what we all know best. Only time will tell.

Dealer Vehicles in Stock. Brand New Cars Awaiting Clients on the Dealer Parking Lot. New Cars Section.

History of Dealerships in Waldorf

The Auto Industry has been very good here in Waldorf MD. Even though like every business we all have our ups and our downs, highs and our lows of sales, but we'd like to say we are pretty proud with the results of the car sales in our town. We have had some major success with our dealership and we have also seen the success of those around us. Here are a few dealerships that always stayed on our radar. Ken Dixon Auto If we all don’t know who this dealership is, I’m sure at one time we have all used one of their pens. They actually ran a pen campaign for over 30 years, advertising their dealership. The outcome? Well, it worked! Everyone had one of their pens and knew who they were. Ritter Chevrolet A faithful dealership. Always making sure to keep their customers satisfied with their purchases. After all, most buy cars to last a long time, and Ritter Chevrolet was always there to help their customers make the best choice. B & B Auto With an experienced sales staff, you would always find a friendly helpful salesman to help you with your vehicle purchasing needs here. With nothing but great feedback and reviews from B & B Auto, you were without a doubt ready to find the right salesman to help you find the car that you needed. From the first car made to nowadays we all have seen a difference to where it all began. When car hunting we all look for the same thing when dealing with dealerships. Honesty, Great prices, and Salesman with knowledge. The dealerships here in Waldorf have had a great history and reputation of displaying those qualities exactly. If You Want More Information On Our Used Car Dealership in Waldorf Maryland - Visit our Website.