There are many reasons to buy a truck in Arlington, but one thing is for sure: they are not always cheap. On the average, you need to spend between $25,000 and $35,000 for a brand-new vehicle. The good news is you can find many ways to reduce the costs.
Here are the best tips for you:
- Read user reviews. There is really nothing wrong getting feedback from critics, but the users are the best judge since they themselves drive these trucks on a regular basis. Although their experiences, including the bad ones, do not have to necessarily reflect yours, you can at least have a pretty good idea what the truck is like and what red flags to look out. One of the best places to read reviews is Edmunds.
- Have a budget. Budget means a lot when you can’t afford to splurge on a truck. In the introduction, you are already provided with a ballpark figure. It is time for you to decide whether you want to go 10% or even 30% higher than the average price.
Sometimes your budget is too tight that you cannot afford to buy the new car on your own. The next best step is to apply for an auto loan financing. To avoid paying a large interest, decide how much you can spare on your own money and supplement the rest you need with the loan.
- Get used trucks. The other option is to buy used trucks. This can reduce your spending by as much as 50%. If you are planning to buy them in an auction, especially a government auction, it is possible to pay as much as 90% their price at book value, giving you excellent trade-in and resale value.
- Buy them at Craigslist. Craigslist is actually another good place to buy things on the cheap. Usually, most of those who sell are after disposing the asset with a bit of profit (or just break-even). They are also open for trade-ins. Just make sure that you do not commit to buying the vehicle before you have checked and tested the vehicle.
- Do not be afraid to buy seized or repossessed cars. Some people are apprehensive to buy seized and repossessed cars because of a potential bad record, but many of them do have clean titles and are in excellent condition. Besides, you would get all the details you need about any problems when you double-check the vehicle’s VIN. Government Arlington auctions can also sell these types of trucks.
Some may offer you with salvage title trucks, and they are very affordable. However, you should also keep in mind that these may be difficult to cover by an insurance policy since its previous owner, an insurance firm, already considers it as a total loss or past their salvage value. In other words, drive at your own risk.
Car dealers are always open for trade-in, but the process can be more complex than you think. Experts then suggest buying a used or new car from the dealer and trade in privately, probably with a friend.