There are two basic types of used car dealers throughout Philadelphia. One is an independent used car lot that offers all makes and models of used vehicles. The other is a dealership that has a used car lot.
While there are similarities between the two, there are also some critical differences that anyone, particularly first-time car buyers, need to understand.
The Used Car Lot
The used car lot is usually independently owned or part of a group or chain of similar lots. These lots tend to have limited support from sales staff, particularly when it comes to purchasing luxury or performance vehicles.
While these dealers may offer to finance, it is often at a higher rate than through dealerships or banks. They may require significant down payments on the vehicle and limited flexibility with the term of the loan. There is no service department, and no warranty offered on the vehicles they sell.
The Used Car Lot at the Dealership
New and used car dealers Philadelphia represent specific vehicle manufacturers. They sell new models of vehicles and also offer used cars. The used cars may be of any make or model, but the dealership tends to have a significant number of their own used vehicles.
Buying from new and used car dealers in the Philadelphia area allows buyers to consider a certified pre-owned vehicle. A certified pre-owned vehicle can only be sold through a dealership, and they are not available on used car lots.
Remember, the dealership offers financing, a service department, and sales and promotions to help buyers throughout the city get a great deal on any used vehicle on their lot.