3 Tips for Buying a Used Chevy in Wichita, KS

Car prices are finally starting to come down. The United States Federal Reserve is aggressively raising rates to combat inflation. The objective is to curtail demand and bring prices down as a result.

The impact of the Feds policy is finally starting to show up in the auto industry. As of June 2022, the Bureau of Labor Statistics reported that used car prices are up 7.1% over the prior year.  However, demand is starting to dry up and prices are expected to decline over the next six months.

This means it is the perfect time to buy a used Chevy. Read on for tips on how to shop for a used car. Explore topics such as how to buy a used car and the primary reasons to choose Chevy over other manufacturers.

Why Shop for Used Cars for Sale

With the rapid price increases, many people are trying to sell used cars. Inventory is low on new vehicles and consumers are turning to the used car market instead. This is naturally driving up prices.

Nonetheless, you can still buy used cars for cheaper than a new model. The average price of a new car is rapidly approaching $50,000. This is outside the budget for many American families.

A solid alternative is to buy used Chevys as they have considerable resale value right now. Continue reading for 3 tips on how to approach those selling a used car.

1. Find a Reputable Seller

Those who sell a used car are not always trustworthy. It is in your best interest to find a reputable seller.

Buying a used car from a private seller is risky. There is a higher likelihood that you are purchasing a lemon. There are fewer guarantees that the vehicle will last as long as you need it to.

Instead, you should perform market research on established used car dealerships. Look for a family-owned dealership like Parks Chevrolet. Read online reviews and go on social media to investigate customer feedback.

2. Reliability

Naturally, a used car has some miles on it. With a portion of the vehicles service life already utilized, it is important to consider the cars reliability.

Chevrolet is one of the most reliable American car manufacturers. According to Consumer Reports, models such as the Blazer, Trailblazer, and Traverse are rising in reliability rankings. If Chevy is not for you, Parks Chevrolet also has Chrysler, Dodge, Jeep, and RAMs on the lot.

3. Value and Depreciation

It is important to understand a used cars value and how it depreciates. Many consumers like to purchase used cars because they do not depreciate as quickly as new ones.

The cars value is going to be based on several different factors. The manufacturing year and model are obviously important. Vehicle condition and the number of miles driven are also significant factors.

Three Tips for Buying a Used Chevy

You are now ready to shop for used Chevys near Wichita, Kansas. The most important step is doing your homework.

You should carefully research the dealership and the cars estimated value. Reliability is also critical as the car already has some miles on it.

If you are interested in buying a used Chevy in Wichita or Augusta, contact us today to schedule an appointment.