Demand for Pickups Keep Used Car Sales High

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Low Gas Prices Contribute to Truck Sales

Despite a prediction from auto industry experts that used vehicle sales would drop in 2016, the market is still going strong. Industry forecasters noted that a large number of vehicles are due to come off lease, flooding the market with low mileage used cars. More than 3.1 million cars, trucks and SUVs have their leases set to expire this year, up almost a million from last year’s number. Strong sales of used pickups, due in part to lower gasoline prices, have helped dealers like those at Chapman Arizona to keep sales moving briskly, helping the local economy and continuing to provide jobs.

CPO Inventory Priced Competitively

Automotive News also reports that lower pricing for Certified Pre-Owned vehicles has also contributed to strong used car sales this year. Different automakers have different rules for their CPO inventory, but basically it involves vehicles of a recent model year with low miles. After undergoing a stringent inspection, these vehicles are offered for sale with an extended warranty, giving peace of mind to drivers who don’t necessarily want to buy other people’s problems. The Chapman Arizona dealerships have a large selection of CPO vehicles ready for you to take home.

Consider Outgoing Model Year

Fall is the time when the new model year vehicles start arriving on the dealership lots, so pay intention to incentives offered on the outgoing models. Rebates and special finance and lease deals can save you thousands on the cost of a new car, sometimes undercutting the cost of a similar used model. All the Chapman Arizona dealerships have a website that gives you complete information on the available inventory with pictures, prices and current incentives to make your car shopping experience painless.

Consider Extended Warranty for Used Vehicles

If you purchase a vehicle that’s a few years old, consider adding an extended warranty to cover all the major components. Long gone are the days when a shade tree mechanic could fix a problem with a wrench and a hammer. Modern vehicles consist of very complicated technology, so repairs can easily run into the thousands of dollars when something goes wrong. Take the time to talk to one of the Chapman Arizona finance specialists to see how a few dollars a month can give you the peace of mind that any expensive repairs are covered by a warranty. Modern vehicles have the capability to run for 200,000 miles or more if properly maintained, so don’t let high mileage necessarily defer you from picking the car of your dreams.

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