Tag Archives: Village Motors of Conover

Why Buy a Pre-Owned Vehicle During Tax Season

Purchasing a pre-owned vehicle can be a significant financial decision no matter the time of year. However, buying one from Village Motors of Conover during tax season comes with more than a few benefits. If you’re looking for a high-quality, new-to-you ride in Conover, North Carolina, here are some reasons to shop here during tax time.

Use that extra money

Depending on how you set up your tax returns, you may be able to pad your bank account when your refund check arrives. With that money, you can place a higher down payment on a reliable vehicle for your family — and secure lower monthly rates at the same time — or maybe buy a model with a few more bells and whistles.

Get a better deal

You can take advantage of special dealer incentives during tax season, which can help you get the most out of your refund and save a few bucks — all while getting a great deal on a great car. Feel free to call a member of our sales staff at 866-202-0318 for more information on current specials!

Give your wallet a treat

If you thought your IRS refund was generous, just wait until you experience our trade-in program. We’ll gladly offer you credit at the fair market value for your older vehicle, which you can apply toward the cost of your next car. With the value of your trade combined with the extra money in your pocket, the automotive market can be your oyster.

To check out some of the high-quality pre-owned vehicles available at Village Motors of Conover this tax season — or to learn more about our trade-in program — don’t hesitate to call or visit us online.

IS that Too Many Miles For A Used Car?

When you’re buying a used vehicle, one thing you’ll want to factor in is the mileage. With these tips on understanding how to know if a pre-owned vehicle has too many miles on the odometer and our “Iron-Clad Guarantee,” which promises a free auto check report and inspection, you’ll be able to make an informed purchase at Village Motors of Conover.

Calculate based on the average miles-per-year

The industry average for mileage in America is 15,000 miles per year. Looking for a used vehicle that’s at or below this average according to its age is a great starting point when searching for a quality used model. For instance, a car that’s 5 years old with 100,000 miles may have been overtaxed during its previous years, whereas a 5-year-old model with 45,000 miles is probably in great shape for its age.

Look at the brand’s average lifespan

Some brands are known to have longer lifespans than others, so you should take that into consideration when you’re looking at mileage. For a model that lasts, on average, 130,000 miles, 70,000 miles isn’t as appealing as it would be compared to a model that can regularly go for 180,000.

Compare the mileage to the price

Don’t get caught up in looking for low mileage while shopping for a used model. Price should always be a factor. A guide like Kelley Blue Book can help you determine a vehicle’s worth compared to its age, mileage, and condition, and help you find a great deal.

At Village Motors of Conover, our only goal is to make your car-buying experience stress-free and to do everything to make sure you find a great deal on a model that works for you. If you’re in the market for a high-quality new-to-you vehicle, don’t hesitate to pay us a visit and peruse our lot.

Car and Driver announces its best affordable used trucks

Buying a used truck is a smart decision. You will save thousands of dollars, when compared to the cost of a new model. However, you still want to make sure you choose the right pickup for your needs. If you’re looking for the best deal on a used ride, here are some of the best used trucks for under $10,000, according to Car and Driver.

Chevrolet Silverado 1500

In the under $10,000-range, you can get a high-quality Silverado 1500 in almost any configuration if you stick with first-generation models. They are available with either a 4.8- or 5.3-liter V8 engine. Replacement parts are also easy to get if you need to make any repairs.

Nissan TITAN

If you are looking for a quick-driving, rugged truck, take a seat behind the wheel of the Nissan TITAN. You will want to aim for models around 2005 to get under $10,000. These trucks offer a maximum tow rating of 9,400 pounds along with plenty of power from the standard V8.

Toyota Tacoma

The Toyota Tacoma has long been hailed as one of the most reliable pickup trucks you can get. Its sturdy design can help you conquer practically any terrain. These trucks also hold on to their value, even with higher miles.

Toyota Tundra

Another popular Toyota truck is the full-size Tundra. The first-generation models ran from 2000 to 2006. With these trucks, you will get plenty of power and performance, all within your budget.

If you want to get an exceptional pickup at an unbeatable price, take a look at Village Motors of Conover’s used inventory, or search online.

Is Now A Good Time To Get A Great Deal On A Used Car?

While not all of the headlines we’ve seen in 2020 have been uplifting, this year does have at least one treat in store. If you’re in the market to buy a used car, the experts think this may be the time.

The Manheim Used Vehicle Index features a Manheim Market Report that looks at changes in the market. It found that there was an almost 12 percent drop in wholesale used vehicle prices in early April, compared to March prices. The report found that prices fell in all major segments, with vehicles that were three years old falling almost 5 percent.

Car and Driver compiled a list of vehicles that they recommend in the $5,000 range. It included favorites like the Ford Ranger, Toyota Sequoia, Honda Accord, and Jeep Wrangler. iSeeCars also released its recommendations, and it featured a 2015 Mazda6 for around $13,000 that was the best option in 20 metro areas.

It is worth noting that you may get less money for your used vehicle if you choose to sell it or trade it in. So, make sure to factor that into your decision-making process. Of course, the financial experts here at Village Motors of Conover are always ready to work with you do secure a great deal on your trade-in.

Additionally, despite the dip in the market, the Manheim Market Report found that sales for used luxury cars and SUVs are still going strong.

If you’re ready to get the deal of a lifetime on a high-quality used vehicle, please stop by Village Motors of Conover and browse our lot.

What Are Certified Pre-Owned Vehicles?

Did you know more used cars are bought and sold than new cars every year? Still, despite their popularity, used cars can sometimes get a bad rap. If you’ve ever been surprised by hidden damages, you might be understandably cautious about picking up another ride that’s been previously-loved. That’s where Certified Pre-Owned programs come in. What are Certified Pre-Owned (or CPO) vehicles, though?

Requirements and Standards

When you buy a car through a CPO program, you’re purchasing a vehicle that meets specific requirements. Usually, the car has to be under a certain age and mileage and must qualify for the program by meeting the standards of a long, rigorous mechanical and cosmetic inspection.

Warranties

To offer extra reassurances, used cars purchased through a CPO program come with the backing of several warranties. Often, manufacturers will offer to cover anything that needs to be repaired within a short time of the initial purchase, and many powertrain warranties on CPO vehicles last several years.

Benefits

In addition to warranties, you’re likely to get some additional perks when you buy a certified pre-owned vehicle. 24/7 roadside assistance is pretty common, as is the car itself coming with a free Vehicle History Report and the option of dealership maintenance plans.

If you want to learn more about our Certified Pre-owned program or browse our extensive inventory, pay us a visit at Village Motors of Conover today.

Why Does My Credit Score Matter?

If you are in the market for a vehicle and you have been denied a loan from some banks because of your credit history, you might be left questioning why your credit score even matters at all.

Creditworthiness: Banks use your credit score as a quick vector check of your creditworthiness, or how likely you are to repay a loan. Low credit scores often indicate a limited credit history, defaulted payments, or a high debt-to-income ratio. None of these factors are catastrophic, though. Whether you have a short credit history or one that highlights a few mistakes, you can still get into the car of your dreams.

The Impact: Banks typically view low credit scores as red flags, and could deny you outright for an auto loan. Without the self-sufficiency afforded by a vehicle or the opportunity to improve a bad score, the credit score cycle can seem self-perpetuating. If your score is just high enough to be approved, you will still be subject to high-interest rates that can make repayment difficult.

The Village Motors of Conover Difference: At Village Motors of Conover, we aren’t like all of the other dealerships looking to make a quick buck. We value people over credit scores, which is why we work to offer you a great deal regardless of your credit history. No matter the severity of your situation, we will do our best to get you financed and on the path toward rebuilding your credit.

If you have questions about credit or would like to get approved for a new vehicle, call Village Motors of Conover today.