Why Buying a Car With Cash is a Good Idea

buying a car with cash

Did you know that about 6 million Americans are behind on their auto loan payments? With this surprising number increasing, more people are buying a car with cash, to avoid future financial ruin.

And if you’re reading this article, chances are you’re stuck between buying a car in full or making payments on it. If so, you’ll want to read this guide for tips for buying a car!

When Is Buying a Car with Cash a Good Idea?

For starters, buying used cars with cash can save you money in the long run if you know how to look! Unfortunately, not all dealers sell reliable used cars. Some will sell you a vehicle that will only last a few months, and then you’ll be stuck in the same position again. 

So with that said, you must know the signs to look out for when buying a car–used or new!

1. The Car Is In Good Shape and Accurately Priced

When buying a car, make sure that you have it checked by a professional! Have them do a full inspection of the engine, fluids, motor, and transmission. If the car is in good shape or has minimal damages then buying the car is a good idea! 

However, you also want to make sure you’re getting a good deal since the car is most likely used in this scenario. You can look online and see how much others are selling the exact make and model for.

If the car is way over the average asking price, speak with the seller and see if you can lower the price! Overall, it’s best to skip out if the car is overpriced. And if the car has 2 or more structural or internal issues that cost more than $800 to fix!

2. You Don’t Have the Best Credit

Having good credit can be hard especially after a global pandemic. And if you don’t have the best credit, it can be hard to get a good car! This is why a cash car is a good idea. 

So if you’ve been denied at multiple car dealerships for having bad credit, consider buying a cash car. When you buy a cash car, your credit is not the main focus since you won’t owe any installations! 

You could also try to find a dealership that works with people with low credit scores, this way you increase your credit and get a newer car! However, the choice is yours if you want to try and make payments or just put a big lump sum down.

3. You Want to Save Some Money

When you agree to pay off a car, you’re also agreeing to pay monthly interest rates. And in the end, you could pay up to 20% more than the original asking price.

But when you buy a car in cash, you only pay for the asking price and any taxes. Ultimately, you do end up saving money. However, this may not be the case, if the used car is in bad condition. So ensure that you’re buying a good car before putting all your money down! 

Tips for Buying a Car

Buying a car with cash can be scary, especially since it’s a permanent decision. So before you commit to a cash car, make sure you think about these factors:

  • Cash cars don’t have a warranty or 30-day return policy 
  • You will be responsible for any repairs or damages
  • You will not build credit by buying a car in cash

If you’ve thought carefully about these factors, and you still want to continue with your purchase, you’ll need to know how to buy with cash! For starters, buying a cash car is easier than financing.

However, not all dealerships have cash cars available. So start by searching for the best car dealerships that have quality cash cars. Usually, cash cars will be used and can range in price.

Finalization and Payment 

Once you’ve found your preferred dealership, make sure to test drive and inspect any potential vehicle that you have in mind. If you think you’ve found your car, ask questions about the car’s history.

For example, was the vehicle salvaged? How many owners has the vehicle had? Has the vehicle been in an accident?

These questions are important as they’ll determine how long your vehicle will last! So if a dealership is adamant about sharing the car’s history, it’s better to look elsewhere.

However, if you think you’ve found a good vehicle, you’ll need cash or a check to complete the purchase. After this, you’ll receive your car title and license plate!

But be aware that in some cases it takes a few weeks to get your license plates. Nevertheless, you should receive a paper replacement, until the real ones come in.

Cons of Buying a Cash Car

One of the downsides of buying a cash car is that your savings may have been drained from such a sudden purchase. Therefore, if you need extra cash for any repairs or upgrades to the vehicle, you may not have the money.

Another con is that most dealerships don’t offer discounts on cash cars. In contrast, a financed car has more cash discounts. 

Lastly, some cash cars are not always the nicest pick of the lot. So don’t expect to get a brand new vehicle for a low cash price!

Pros of Buying a Cash Car

Buying a cash car also has its benefits. For starters, you don’t have to keep track of a car payment every month. Car payments can put you on financial hold for many years. Therefore, buying a cash car is better if you don’t want to owe money.

Secondly, when you buy a cash vehicle, you don’t need to get full-coverage insurance. Instead, you can have minimal coverage and save some money. However, this option can come with its own con’s, especially if you get into an accident. 

Lastly, you don’t have to pay interest fees when buying a cash car. So the price that is written, is the price you pay!

Buying a Car Made Easy

Buying a car with cash doesn’t have to be stressful. And we hope that with these tips, you’ll have a better understanding of what it is to buy a cash car. 

So if you think you’re ready to purchase a cash car, contact us today to get a list of our available inventory!

Used Car Buying Tips and Tricks: What’s the Average Lifespan of a Used Car?

used car buying tips and tricks

Did you know that used cars have increased by 45% during the past year? The car market has exploded during the past year, and many people are looking to trade in their used car for a new one.

Finding a good price on a reliable, used car is tricky. You want to make sure that your car will last you for years to come without high repair costs. 

If you want some used car buying tips and tricks, then keep reading on to learn more about what to look for in your car search. 

What NOT To Do

The average lifespan of each car will differ. You want to ensure that you aren’t purchasing a vehicle that already has loads of issues. This tends to decrease its longevity and lead to high expenses.

For that reason – it is important to note what not to do or look for when shopping for a used car. 

First, don’t buy the first car you see. Many dealerships have different prices, financing, and monthly costs. 

Don’t neglect the test-drive option. Almost 16% of used car buyers don’t follow this critical piece of advice. Often, you can notice things about the car that you don’t necessarily like when you finally drive it. 

You don’t want to have to figure that out once you’re already home. Along those lines – don’t buy your used car without making sure nothing critical is awry. Sometimes, people have a mechanic check the car out beforehand. 

While it may be a bit more money initially, it could save you more in the long term. 

Also, don’t buy your used car on how it looks. Staying focused on car searching is highly overlooked. If you need something that has towing capabilities, you probably shouldn’t look at that small, sports cars – even if it looks cool. 

On the other hand, if you need something that’ll get good gas mileage, then focus your searching on fuel efficiency. Finally, don’t forget the history report for your vehicle. CARFAX and other services give you a good idea of what the car has been through. 

Even your mechanic might have missed some things – so be sure to ask about it.

Car Lifespan

Once you have gone through the necessary steps in choosing a car, you might be asking questions like: how long will it last?

Cars are built better and better as time passes. Newer technology and manufacturers are recreating what a car’s average lifespan means. 

Some experts claim that your car can last as long as 300,000 miles. However, other reports still put cars at the 150,000-mile benchmark on average. A lot of this comes down to how you care for your car. 

The ten-year or 150,000 mileage mark is an important average benchmark for many reasons. This is when most cars need bigger mechanical parts replaced such as the radiator, alternator, or shocks. Sometimes, it is worth it to replace these parts rather than purchasing another vehicle – you may get a lot more miles out of the car. 

To help your used car last longer, check the owner’s manual before heading to get your oil changed. Sometimes, cars require less frequent oil changes than others. However, the rule of thumb remains the same for all cars – get your tires rotated every 7,500 miles. 

If you are trying extra hard to improve the longevity of your used car, then don’t be gunning it when your engine is cool. This leads to an early failure of an engine’s head gaskets. Additionally, wait a few extra minutes before cranking up the heat or A/C in your car. 

This also tends to wear the engine down faster and creates more failures down the road. 

Longest Lasting Cars

Which brands will give you the peace of mind that it will last for years to come? Some of the top brands to look for are Toyota, Honda, and Ford. These car brands are showing greater reliability at making it past the 200,000-mile mark. 

Typically, SUVs and trucks lasted the longest out of all the models tested. In 2019, 1.6% of Honda’s had 200,000 miles on them and were sold on the used car market. Chevrolet was just under that mark at 1.4%. Other common brands, such as Ford and Dodge were not far behind.

The amount of used Ford vehicles sold with 200,000 miles on the odometer in 2019 was 1.1%. Dodge came in at the lowest out of these brands at 0.5%. Yet, it still ranks in the top ten vehicle brands. 

These brands offer durability and reliability compared to other used cars on the market. When looking at the longest-lasting cars, make sure you include Honda, Ford, and Chevrolet. 

If you aren’t picky – a used truck or SUV might give you a few more miles than a small sedan or crossover.

Affordable Used Cars

If you want affordability and have a lower price range, there are still great car options out there for you. While the market was booming, you can still find used cars under $10,000.

Honda has a line of compact cars with affordable price ranges. Additionally, you can even check out larger Ford cars at less than $10,000 with good reliability scores. Finally, if you are willing to look into cars a bit older – you can find Toyota Tacoma’s within an affordable price range.

Used Car Buying Tips and Tricks

Buying a used car is sometimes a daunting task. With so many car brands on the marketplace, you want the best deal for a reliable car. Many of these used vehicles can last between 200,000 and 300,000 miles, depending on use and care. 

Now that you are equipped with used car buying tips and tricks, you can rest easy knowing that you have a professional used car dealership to find your next vehicle. Contact us today and let us help you drive away in style. 

Here’s What to Look for in a Used Car

Have you been dreaming of buying a car? It may seem like an impossible goal, considering the prices of vehicles these days! 

Buying a used car, however, is always a great option when you are looking for something more affordable. Here’s everything you need to know about what to look for in a used car.

Choose a Car Within Your Budget Range

One of the most important things when considering what to look for in a used car is the price. You want to make sure the car type is something you can afford so that it will not be a financial burden. You will also have to factor in the possible costs for maintenance and car repair. 

When you have settled for a budget, you can look for car models that fall within that range. You can also compare used car dealership prices online to ensure you get the best deal!

Check the Engine

Making sure the car engine works will go a long way in preventing future headaches when buying a used car. You don’t want to buy something only to realize the engine has big problems, and you have to spend a lot just to get it fixed. 

Firstly, you can check the engine light. If there is a problem with the engine, this light will usually turn on. If it does, you can start the car and observe if there are any weird noises (such as squealing). 

Unusual engine noises can point to a variety of issues, such as worn spark plugs or even some leaks. You can consult the car dealer or a car repair professional to find out what’s wrong. 

If your exhaust smoke has colors, this will also point to a problem with your engine. If there is black smoke, for instance, your car may have too much fuel. Blue smoke can mean the oil is burning.

Go Through the Window Sticker

The Federal Trade Commission has a used car rule that requires car dealers to include information on warranty coverage (and other details related to this) in a buyer’s guide. This will typically be the window sticker on the car. 

One of the most important strategies for how to buy a used car is to go through the window sticker. What happens if a vehicle doesn’t include warranty coverage? What if the car dealer will not pay for repair costs?

A window sticker can also show that a car is sold as it is, meaning that dealers will not be responsible for the condition of a used car. Any problems you encounter will be your responsibility after the purchase.

This is information you need to know in order to make the best decision when buying a used car. You will be aware of how much protection the vehicle has, and whether you will have to spend a lot more after the purchase for repairs. 

Inspect the Exterior of the Car

Make sure to take the time to inspect the vehicle thoroughly. Consider how the used car looks from the outside.

Do the car panels fit well with each other? What about the doors and windows – do they open and close the way they should? You would also want to look over the car’s body and see if there are any serious dents or scratches. 

It’s important to look for rust on the car as well. This is an issue that may be harder to solve, and will therefore result in more repair costs.

Additionally, see whether the tires are still the original ones. If not, you can ask what resulted in their replacement. 

Inspect the Used Car’s Interior

A used vehicle’s interior quality will determine how comfortable – and how safe – you are when driving. There are a few things to look out for when inspecting a car. 

First of all, observe if there are any smells. If it smells like mildew or mold, it could be that the car has a water leak issue. If the previous owner was a smoker, there would be a lingering smell of cigarettes in the car.

If a car has a distinct smell, you will have to decide whether this is something you can accept. Most of the time, it’s very difficult to get rid of scents completely. 

You would then want to try out the pedals and the steering wheel. Do they operate appropriately? If these components seem worn down, you would want to test drive a used car and gauge whether this may result in a safety issue. 

Another thing to examine is the seats, primarily the driver’s seat. Try to use the seat adjustments and see whether you can sit comfortably and safely when driving. If the upholstery has a lot of rips and damages, it may be quite costly to repair. 

When considering what to look for in a used car, you also want to make sure all the seatbelts are working!

What to Look For in a Used Car

Buying a used car can be beneficial in various ways. They are a lot more affordable and may be as good as new in some cases. In order to get a good deal, however, you need to know what to look for in a used car.

You will have to start searching for vehicles within your budget range, and then ensure the car meets your requirements. You can check the engine, the window sticker, and the car’s exterior and interior.

Contact us to find a used car for yourself today.

7 of the Most Reliable Cars on the Market

most reliable cars

When buying a new car, it makes sense that you want to get your money’s worth. However, you may be surprised to find that the most reliable cars are all made by a very small number of manufacturers. But do you know which models are the most reliable?

We have looked at several different tests and surveys to find the best ones. Read on as we give seven of the most reliable cars you can buy. 

Toyota Prius

Toyota is leading the way when it comes to reliable cars, across their whole range. However, one of the most impressive is the Prius. This hybrid car no longer has any issues about battery failure or new technology not working out and is way ahead of its Tesla competitors. 

In fact, Toyota’s Prius has now had 12 solid years without a flaw. From the C models to V wagons, they have retained their reliability factor.

You can get 57 mpg in the city, and the car comes bundled with a host of attractive, innovative features such as Apple CarPlay. The fuel economy can even be upgraded even further with the Prius Prime. 

Lexus NX

Often nicknamed the Japanese Mercedes, the Lexus NX provides a world of luxury with one of the most reliable car brands on the market. Despite already being an almost perfect vehicle, 2022 will see it get a complete overhaul with new stylings and features. This subcompact SUV works great as a stylish family car in both models. 

The 21 model still provides more than enough firepower. With a 235 hp turbo inline engine, it is also consolidated with the Lexus Safety System. It has sleek, custom interiors with stadium-style rear seats offering plenty of room for small, energetic family members. 

Buick Encore

Reviews across the board can be quite unfavorable for the Buick Encore. It often gets criticized for its slightly weak engine and high entry price. However, its reliability can not be doubted. 

This subcompact SUV is nimble for its size, and its small stature makes it very easy to park in tight spots. Packed with an advanced infotainment system, it also has a lot of features to keep passengers occupied. In fact, the amenities included have even been described as that which you would find in a luxury vehicle. 

Unfortunately, the 2022 model has not had reviews that suggest it has improved on the previous model. This is mainly down to its lack of fuel efficiency. If you want luxury and reliability in short-distance travel, then don’t believe the naysayers and try one for yourself. 

Lexus GX

Another Lexus on the list, the GX model is a solid off-road SUV with bags of reliability. All of this is backed up by a four-year, 50,000-mile warranty and a six-year, 70,000-mile powertrain warranty. 

Other strengths are its superb offroad ability. In fact, it feels like you are driving a truck at some point. Powered by a V-8 4.6-liter engine, at no time do you feel the power is waning in it either. 

The newer model has several excellent features, such as a 10.3-inch infotainment system with Android Auto and Apple CarPlay. The wood and leather cabin gives it a very upmarket, plush look. However, as it has been lacking a redesign since 2010 it is now starting to seem a little dated. 

The Lexus probably won’t get any awards for fuel economy either. With just 15 mpg, it lags behind even some of its larger rivals. However, it is a solid build that is running ahead for reliability from one of the most reliable car brands. 

Honda HR-V

The Honda HR-V has been around in the SUV scene since the nineties. In a crowded market, it has always managed to retain its position amongst the newcomers. Part of this is down to the fact that it knows its audience, and has always prioritized itself as a road SUV rather than an off-roader. 

In fact, four-wheel drive is not even an option with this vehicle. It comes in a 1.6-liter diesel, 1.5-liter petrol model and has 39.2 mpg to 52.3 mpg across all ranges. Hybrid models are also available. 

Criticism of the car is that is a slightly stiff ride. While many of its engine and chassis components may be reliable, some people have noted its in-car features are not. These can include the infotainment system, which you really don’t want to break down on long journeys with the children. 

Hyundai Kona

The Hyundai Kona is a newcomer to the market, only being three years into its first run. Every year it has managed to improve, now putting it up there as one of the best all-around compact SUVs on the market. It combines elegant styling with a great driving experience making it one of the better cars for families. 

While it does come in a black night model, lots of its stylings are bold and bright, such as the lime twist and sunset orange color schemes. It also comes in a range of trims and features from an SE model all the way up to The Ultimate package. 

The car can do 0 to 60 mph in 6.6 seconds, making it one of the faster options. The fuel economy is strong with a 32 mpg in a 200-mile fuel-economy test. 

Audi A5

The Audi A5 is the lone two-door coupe in a class of SUVs. It is better fitted for couples and lone drivers more than families. It lacks four doors but makes up for it in style, comfort, and of course, reliability. 

There is also no hybrid or plug-in model. Four-cylinder petrol or four-cylinder diesel is the option. This can get you from 0 to 62 mph in under five seconds. 

All the interior stylings you would want from Audi are there as well. For a dose of class and a touch of style, this is undoubtedly one of the best cars you can purchase. 

Buying the Most Reliable Cars

Now you know the most reliable cars, find a model that suits you. Be it a family sedan or an SUV, you are sure to find something. Luckily, reliability often goes hand in hand with a great safety record so you can get peace of mind when you make a purchase. 

Cool Car Guys should be your first stop when looking for a reliable automobile. We take the hassle out of car buying with friendly, sound advice. Contact us at our salesroom in Janesville and let us help you get on the road! 

The Benefits of Buying Used Cars

buying used cars

Cars have become ubiquitous and necessary for life. It often cuts your travel time to half and removes the hassle of an every day commute. Everyone needs one, but the prices vary and are often expensive.

Rather than pay full price for a new car, many savvy shoppers know the benefits of buying used cars. It doesn’t matter if you’re a teen who recently got your driver’s license or a professional. More often than not, used cars are a practical go-to.

Here are some of the top benefits of buying used cars, and why you should consider doing so.

Price and Less Depreciation

Where else to get a good car for less than at a used dealership? If there’s one thing we all know is that used cars are budget-friendly. Recent global events may have pushed used car prices higher, but the market has been cooling down.

This is why now is the best time to look into getting one. Once a brand new car gets driven off the lot, it depreciates its value. This isn’t the case for used cars.

They don’t immediately lose value, even after you drive them for a few months or years. Used car values often stay within the same ballpark after you’ve purchased them. A reason for this is: used cars tend to be previous models and trims.

The competition of releasing a new model every year is cutthroat. This drives down the value of newer trims and releases – almost as early as a year after its debut. To get the most value for your money, it’s best to stick with used cars.

Know what to look for when buying used. Sometimes depreciation happens when a car has racked up many miles or has been in multiple accidents.

Insurance Can Be Cheaper

It’s a simple fact that new cars are always pushing the envelope of tech and engineering. One side effect of this is that insurance for newer cars tends to be more expensive. This comes down to various factors, one of which is the high cost of repairing one.

There is already much to do and consider after getting into a car accident, more so if you have a newer one. If you get into an accident in a used car, it can be cheaper to repair depending on the make, model, and year. This drives your insurance premiums down.

Sensors and cameras require replacing and recalibrating after an accident, which is expensive. If your window breaks, cracks, or chips, not only do you have to replace the windshield but also reset the cameras. Replacing a trunk door after a rear-end collision is also more expensive, especially if it has remote controls.

Depending on your purposes, buying a used car without the latest tech will save you on insurance. That doesn’t mean you have to forsake all technology as the cost scales down with age. This means that the cost to repair and recalibrate an older car is still cheaper, even if the tech is comparable.

Diversity of Choice

Opting for used cars means you aren’t stuck with a base model or forced to pay the price for higher trim levels. By buying used, you can select from across multiple years, models, and trim levels. Doing this increases your chances of finding the car that’s right for you.

Buying a used car also has the added benefit of not feeling like you’re driving the same model as everyone else. With a bit of searching, it’s easy to find a character car that stands out from the rest. You can often find these at a fraction of the cost, be they muscle cars, convertibles, or luxury SUVs.

Repairs and Maintenance

One major benefit of choosing used cars is having used car parts at your disposal. Many newer makes and models tend to have patented technology and features. This makes it more difficult to have these cars repaired by a private service.

You’ll always have to bring it to their official dealerships, which can be costly. More so, many well-trained mechanics would be more familiar with used cars. They’ve been around longer – this gives mechanics better experience when handling them.

You might think that brand new cars have all the new tech. That’s both a blessing and a curse – especially when model recalls happen. What’s great about used cars is that they’re tried and tested.

Read reviews and research about the cars you’re interested in. It’ll pay off, and you’ll definitely know what you’re getting.

Cheat the System

One thing that is often overlooked when shopping for a car is that higher trim levels don’t have to be expensive. Every new car will have luxury versions and the ability to tack on a bunch of bells and whistles. It turns out that used car dealerships are actually the best places to get this added luxury.

Many modern cars today have standard features. These include rear-view cameras and heated seats. You’ll find that these are often available in older luxury models.

This includes everything from leather seats to navigation systems, phones, and TV screens. When you buy used cars, you have the opportunity to game the system by scoring these goodies for cheap. Ensure to know the right questions to ask your car dealer!

Apart from luxury trims for less, you can also find aftermarket features. These are extras that the previous owner had installed on top of what the car came with. Expensive radios, cameras, and touch screens compatible with smartphone technology are good examples.

Searching used cars for the right combination of trim and extra features will net you what you need. You’ll avoid the cost of new luxury trim or installing your own aftermarket features. Buying used cars is a great way to cheat the system.

Buying Used Cars With the Pros

Here are some crucial tips for buying used cars. Your perfect car might not be the one displayed in that fancy showroom. Find a steal with some of the best reliable and reputable used cars – and no one else knows used cars like The Cool Car Guys!

The name says it all. If you’re still on the fence or are looking for options, don’t hesitate to contact us today.

How to Buy a Used Car

buy a used car

Auto prices across the globe are skyrocketing due to production issues. The supply of new cars is down, which is squeezing consumer demand and driving up prices.

These production issues have a rippling effect on the used car market. The lack of supply is pushing car shoppers to buy used cars.

As a result, the price of used cars increased more than 21% over the past year. The average used car now costs more than $25,000.

It is not easy to buy a used car under these market conditions. Read on to learn how to navigate used car dealerships. Explore how to buy used cars and other topics related to purchasing your next vehicle.

Where to Buy a Used Car?

There are a few different places to buy used cars. Of course, there are private transactions between owner and buyer.

A used car owner may list their vehicle for sale on an online marketplace. You can also find used cars in magazines and other local print sources. Social media is rapidly becoming a popular place to sell used cars.

Used car dealerships are the preferred source for purchasing a previously owned vehicle. You can find one by going online and searching for used car lots near me.

What Are the Pros and Cons of Buying Private?

The primary reason that people buy used cars privately is to get a deal. Car enthusiasts who know their way around an engine can land a good price.

They can talk the price down from a used car seller based on evident issues with the car. There is the potential to land a car for less than the fair market value.

There are many disadvantages to going this route. The average car buyer does not know their way around an engine.

This increases the likelihood of them being taken advantage of. They may purchase a car that has major issues under the hood.

The private seller does not have a reputation or brand to uphold. They can sell a lemon, and it will not affect their company’s success moving forward.

A private seller does not have any resources to offer the buyer. They do not have a trained auto technician to inspect the vehicle and repair any known issues. They also do not have any financing options for buyers that cannot buy it outright.

How to Buy From a Used Car Dealership?

Buying a used car from a dealership is very similar to purchasing a new car. The only real difference is that the vehicles are previously owned instead of brand new.

You are going to search the dealership’s inventory for a vehicle that you like. Once you locate your next car, you will sit down with a salesperson to make a deal.

There are also many efficiencies you can take advantage of when buying from a reputable dealer. For example, you can shop for a car online without driving from lot to lot.

Even the application process is possible online. You can apply for financing for a vehicle online so that everything is settled before your arrival. This makes the purchasing process as simple as a few signatures when you pick up the car.

What Are the Advantages of Buying From a Used Car Dealership?

Besides the efficiency of the purchasing process, there are many other advantages to buying at a dealership. Perhaps the number one reason that buyers choose a dealership is because of the vast inventory.

You can easily find a vehicle within your budgetary needs. At a new car dealership, there are few options less than $15,000 or $20,000. On the other hand, at a used car dealership, there is a wide range of vehicles available at any price.

Another advantage is that you get to use the dealership’s service technicians. Before selling a used car, the dealership runs the vehicle through its experienced service team. They make sure that everything is operating smoothly and safely.

They have used car parts on hand to make repairs: their mechanics service the tires, brakes, and other critical components on the vehicle.

Lastly, dealerships can offer buyers other potential perks like a warranty. Many pre-owned vehicles come with a limited warranty that you will not find on a private transaction.

How to Value a Used Car?

The best way to value a used car is to do some online research. There are many valuation tools out there to help create a range of prices for used cars.

Several different factors drive used car values. For example, mileage is one of the primary valuation inputs.

The number of miles on a used car has a major impact on its resale value. A car with fewer miles is naturally more desirable than one with a greater number.

The vehicle’s condition is another consideration when valuing a used car. Very few used cars are in excellent condition.

This means that the car does not have any scratches, dents, or interior wear. Also, the car runs perfectly from a mechanical standpoint.

A vast majority of used vehicles are in good or fair condition. They have normal wear and tear on the interior and exterior. Also, the vehicle does not require any major repairs.

Used car dealerships extensively evaluate a vehicle before pricing it out. They put the vehicle through a rigorous inspection by their auto technicians. This process is designed to flesh out any potential issues and determine if any repairs are necessary.

There are a few other considerations that the dealership makes in evaluating your car. For instance, any factory upgrades are potentially going to drive up value. Other factors such as color or model may impact the final resale value.

Are You Ready to Buy a Used Car?

Now, you are ready to purchase a used car. Do your research ahead of time and familiarize yourself with the process.

Finding a reputable used car dealership is advantageous in many ways. You can take advantage of the dealership’s service department and potential warranty coverage. If you want to buy a used car, contact us today to set up an appointment.

Why Buy a Used Car?

Why Buy a Used Car?

About 70% of people in the United States would be likely to consider buying a used car for their next purchase. Buying a used car can save you thousands of dollars and it has many other benefits. 

Why buy a used car? Keep reading this article to find quality used cars near me and to find a great car dealer in Janesville, Wisconsin. 

Great Value

One of the best reasons you should consider getting a used car over a new car is that it provides great value for the money you spend. Rather than having an auto loan that you pay off each month, you may be able to buy your car in cash!

When you buy a used vehicle, you can get more features and better options for less money! For example, if you want to buy the newest car on the market, you would have to pay a lot more for premium features, like heated seats, a sunroof, or even remote start. 

However, if you buy a car you can get many more features without paying the extra money. Even if your car is only a few years old, you can find a much better deal with all the features you want. 

Save Money For Other Auto Bills

Because you save so much money when you buy a used car, you can save the remaining money for other auto bills, like insurance. In the United States, the average person spends about $140 each month on car insurance. This totals about $1670 each year. 

By saving money on the upfront purchase of your car, you can apply the money to your monthly car insurance payments. 

There are other expensive aspects of owning a car. For example, you have to pay yearly fees to get it registered. You also may have a lot of repairs to make, depending on the type of car you purchase. Even filling your car up with gas can be an expensive purchase!

If you buy a less expensive used car, you can pay for each of these expenses with the money you saved. 

You Can Buy Them From Trusted Sources

Next, you can buy used cars from trusted sources. While many people think that buying a used car means they have to buy from a third party that they don’t trust, this simply is not true. 

In fact, more and more car dealerships are selling used cars as well. If you want to buy a used car from a dealership, you can be confident that you are buying a car with no issues that will last you longer. 

Buying from a dealership also offers other benefits. For example, they may still offer financing options if you cannot buy your car outright. If you are worried about buying a used car from someone that isn’t trustworthy, you may want to consider buying it from a dealership instead!

When you buy from a dealership, you can also browse their current inventory of vehicles to see what types of cars they have available!

No Immediate Depreciation

Did you know that when you buy a new car, it loses value the second you drive it off the lot? This means that if you immediately sold a car after you bought it, you wouldn’t be able to regain all the money that you spend.

In general, cars lose value due to natural wear and tear. This means that over the years, your car will lose value and will not be worth as much money. However, used cars do not lose value as quickly. If you want to buy a used car and then you decide to sell it, you may even be able to make a profit. 

You Don’t Need Credit

Finally, you don’t need credit to buy a used car. Car credit can damage your credit score if you miss payments on your auto loan or if anything else happens to your car. 

If you don’t have good credit, you may not even be able to get a loan to buy a new car. Rather than worrying about lowering your credit score with an auto loan, you can buy a used car!

It Doesn’t Have to be Old

Finally, buying a used car doesn’t mean that you have to buy an old car! When people picture a used car, they typically think of beater cars that were made before the 2000s. What they don’t realize is that you can buy a used car that is only a few years old. 

In fact, this is one of the best financial tips you can follow! Rather than buying an old car that you will need to replace or buying a new car that is more expensive, you should buy a car that is a few years old. 

This will ensure that it will last you for many years and that it will not have too many miles! You get the best of both worlds— a newer car with great features and the less expensive price of a used car. 

Why Buy A Used Car? Find A Dealership for Used Cars in Janesville, Wisconsin To Learn More!

If you are wondering, “Why buy a used car,” hopefully this article helped! Not only does it give you a great value for the cost, but you can still find a reliable car with low miles that will not damage your credit score. If you are looking for a used car company that will not damage your auto credit in Janesville, Cool Car Guys can help!

We work to make sure each of our customers gets approved for what they are looking for. We can help you find a great car in your budget and you don’t even need car credit. Contact our team today to learn more about our used car dealership and to check our inventory!

7 Important Factors to Consider When Buying a Used Car

buying a used car

Buying a car is a big deal. Buying a used car comes with plenty of dos and don’t. Before you look for used cars in Janesville, consider all of your options. 

There are plenty of car lots out there that will sell you a lemon. This is the last thing you need. 

In order to avoid complications buying a used car, take these tips into consideration. Here are 7 important factors to consider prior to buying a used car.

1. The Cars History

When you buy a used car there are several factors you may want to know first. One of those is the car’s history. This is important because a used car has been previously owned

You’re going to want to know if your new vehicle has ever had issues for prior owners. The last thing you want to do is buy a car that the prior owners had to dump a substantial amount of money into. This will be evocative of what you’re going to be spending on repairs. 

You also want to know if the car has ever been in an accident. This will give you an indication if you should concern yourself about the upkeep of the vehicle. Various websites will provide you with a detailed history of the car in question. 

2. Your Own Budget

A key element of buying a used car is to know your budget. Stay within your means. Don’t look for a car that is more than what you’ve budgeted to spend. 

By looking at cars that are more expensive you leave yourself needing a loan that is above your means. This could lead to a loan denial. In a worse case, it could even lead to repossession. 

When buying a used car you should not have a new source of heavy debt. Finding out what you qualify for in auto credit in Janesville. This will help you decide what type of car you’re looking for.  

3. Reputation of the Car

It’s always important to know what you’re getting into. When you find a used vehicle that you think is it the one, do some research. Deep dive into how the make and models have operated. 

The benefit of a used car is being able to see what prior owners have dealt with. You’re able to find out how long the type of car typically lasts. You are also able to see what problems the car has run into.

Before buying used, look into the make and model. Decide if the problems the car has had are ones that you’re going to be able to keep up with. Used cars give you an indication of what others have learned prior to you.

Outside opinions are beneficial in this matter. It’s a positive thing to hear the experience others have had. 

4. Where You’re Buying From

Know your used car dealer in Janesville! Be sure that you’re buying from a respectable dealership. This will guarantee that you aren’t buying a car that’s going to break down once you get it home. 

Do your research. Make sure that there are not substantial red flags with the dealership or prior car owner. Many dealerships have websites that will give you an honest review of their services. 

By researching your dealership you’re able to ask questions ahead of time. Request information about loans, inspections, and also registering the car. You will have a smooth buying experience this way.

5. What’s the Warranty?

One major benefit of buying used from a dealership is the warranty. This means that you will have an amount of time where anything that goes wrong is covered. For many car buyers, this is an important part of the deal.  

Find out ahead of time what the offered warranty covers. You’ll want to know if the warranty is something you’re going to have to worry about after a certain number of miles. Some dealerships base their warranty on how much you drive in the first few months. 

The warranty is something to keep in mind. Be sure that you go with a dealership that has some type of warranty policy. In the event something goes wrong, it protects you from paying more out-of-pocket than necessary. 

6. Set up Insurance 

A car needs insurance in order to be driven. Prior to buying your car, you should begin shopping for insurance. Delve into the coverage and different policies that are offered. 

When it comes to shopping for the right insurance, you want to know that your car is covered. Not only should your car be covered, but in the event of an accident, you as the driver are covered as well. 

Make sure that you can afford the price you will be paying for this car. Find a company that you know you can trust with rates. 

7. Car’s Prior Inspection 

Never buy a car that isn’t inspected prior to driving it off of the lot. This is where many used car buyers find their trouble. They buy a vehicle only to find out that it has problems under the hood that were never addressed. 

The car you purchase should have an inspection done before you drive off the lot. This will assure that there is no damage that has been neglected or concealed. 

The lot should be able to verify that the car you are purchasing is in a drivable shape. Any problems that may arise need to be addressed immediately.

Speak with the seller and find out if there is any wear and tear that you may need to worry about. Go over what was found in the inspection and if the car is in good shape. 

Do These Steps When Buying a Used Car

If you’re considering buying a used car, take all precautions. Protect yourself from purchasing a vehicle that will give you trouble in the long run. This will not be worth the money you spend.

Stop googling “quality used cars near me” and contact us. We’re here to make that car buying process as simple as possible. 

Which Car Dealer in Janesville Offers Easy Car Loans?

car dealer in janesville

When you are looking for the best Janesville car loans or dealer, you are most likely looking for a company that will treat you with dignity, regardless of your credit.

Buying a used car may have a negative societal connotation, but they aren’t true; in fact, used cars can carry more benefits than buying a new one. 

If you are looking for a car dealer in Janesville to purchase a used vehicle, but you aren’t sure where to start, read on below to learn more about buying a used car and how it can benefit you.

Are Used Cars Reliable

Most customers believe that newer cars are more reliable than used vehicles, but that is far from the truth; a used vehicle can offer the same benefits with less hassle.


Although buying that brand new, shiny, and updated new vehicle may seem like a good investment, it may not be because of the high depreciation value. Newer cars can lose 20% of their value as soon as you drive them off the lot, and at the end of the first year of ownership, it can hike up to 30%.

So if you purchase a brand new vehicle for $40,000, you will lose $8,000 in depreciation when you drive it off the lot and about $12,000 after your first year of ownership.

Your used vehicle also depreciates, but the depreciation difference between a new and used car can significantly differ.

For example, let’s say you purchased your used car for $10,000 and later decided to sell it three years later for $7,000. Then, applying the fact that most cars lose up to 30% of their value, you will only lose out on $3,000 because of depreciation. 

Am I Buying Someone Else’s Problem?

When people hear about purchasing a used vehicle, they think they may be buying someone else’s problem. However, most cars, nowadays, can be driven beyond 100,000 to 200,000 miles with proper maintenance.

As long as you get your vehicle checked regularly, rotate your tires, fix your brakes when needed, and do your oil changes, your car will last as long as you want it.

Car Dealer In Janesville

When looking to purchase a used car from a Janesville car dealer, it may be challenging to know what exactly to look for. Some people come with an idea of how many miles or what model car they want, but sometimes your requirements may go beyond that.

When visiting a car dealership, it is crucial to check out their inventory, see what cars they have available, and know what you are looking for. Also, make sure to do your homework about the type of vehicle you want to purchase and your car model’s reliability score. 

You may also want to look at how much your new, used vehicle is going to cost you in the long run before you buy it. Think beyond how much you will owe monthly and consider how much maintenance will be, how much property taxes will be, and how much you are willing to put down. 

Benefits of Buying a Used Car

There are so many great benefits when purchasing a used car over buying a new one, such as no hidden fees or lower premiums. Buying a used car can save you a lot of money and provide you with a great mode of transportation for years. 

No Additional Hidden Fees

Many new cars at their respective dealerships will boast that they have better deals and save you a lot of money, but there may be some hidden fees behind all that advertisement.

They can tack on dealership preparation or destination fees that you may not even be aware of until you sign your papers. There may be additional fees like a documentation fee when you purchase a used vehicle, but it is typically only an extra hundred or so. 

Lower Premiums

Typically when a vehicle is worth less, it will also cost a lot less to insure. When you purchase a newer car, they cost more to repair and replace parts, whereas an older vehicle won’t cost as much because the parts and repair are cheaper overall. 

Am I Going to Be Hassled?

One of the biggest turn-offs that people run into when going to used or new car dealerships is the salesperson being overtly pushy or forcing you to pick an expensive vehicle. However, when you come to us at Cool Car Guys, we will treat you like family. 

We understand how stressful the car buying process is, so we try our very best to make it easy for you, and we will give you all the possible options available for you to finance a vehicle.

Used Car Auto Loans

Whether it is your first or second time purchasing your vehicle, it is essential to know where your credit stands. If you don’t have the ideal auto credit in Janesville, you can look online to find lenders that can extend you a loan.

However, most lenders online will require you to put down a higher deposit, or they may ask you to have a co-signer before they extend you a loan. 

If you have a good relationship with your bank or your credit union, you can also talk to them about getting a used car loan through them. Again, they may be able to offer you a great rate because of your relationship with them.

A great majority of used auto dealers offer in-house financing where you are extended a loan directly from the dealer, and you make your payments directly to them.

Buy Your Next Used Car Today!

Buying your next used car does not need to be as challenging as many people like to make it. Here are The Cool Car Guys; we can work with you to get you into the vehicle that you need at the price you deserve. If your car loan requires a down payment, we will do our best to make it affordable for you so you can drive off the lot today!

If you are looking for “quality used cars near me,” or “used cars Janesville” reach out to us and check out the inventory that we have available.

What You Need to Know About Buying a Car With Bad Credit

buying process

Understanding your options is key during the vehicle buying process if you have bad credit.

To get preapproved for a new or even used car, most dealerships require a credit check. This helps them determine if you’re likely to pay back the loan you’re financing through one of their creditors.

With bad or no credit, you may have a much different car buying experience. It’s not the end of the world, though, so long as you educate yourself.

Here’s what you should know about buying a car with bad credit at a car dealer in Janesville.

Credit Scores and Ratings Vary

First, it’ll help to define what credit scores and bad credit look like, so you can game plan for a bad credit car loans.

Most important of all, there is no number that disqualifies you from getting a car. Some dealerships are more risk-averse than others. Some also use different reporting bureaus.

There are three major credit reporting agencies: TransUnion, Equifax, and Experian. Not only can your credit score fluctuate on all three, but they use different systems to rate borrowers.

Ratings typically range between 300 and 850.

Credit Score Factors

Generally speaking, four items factor into your credit score:

  • Payment history
  • Amount of debt owed
  • Length of credit history
  • Mix of credit

Payment history and amount of debt owed are weighted the heaviest. But having a longer credit history can help you.

The fastest way to improve your score is to pay off your debt and make consistent payments on time. 

You May Still Qualify

Bad or no credit does not mean you can’t get a car. It just means the buying process might look different for you.

Generally, anything below 630 is thought of negatively. At or below this number means you may not qualify, or have to take on a high-interest loan.

If you have no credit—which could be considered “bad” by a lender—some creditors may be willing to do manual underwriting. This is a way of determining your ability to pay back a loan without reading your score.

Manual underwriting requires access to lots of documents. Pay stubs, previous loans, other debts are all used to help you get a new or used car.

However, you may have to go through a bank or local credit union to get this done.

You Might Still Want to Check Your Score

Okay, so you know your credit score isn’t great. Maybe you missed several payments a few years back or went into default on a loan.

Even still, it can’t hurt to know your credit score before you shop. This way you can narrow down which dealerships you might shop at (some advertise their willingness to sell to people with bad credit).

It’s also good to know what type of interest rates you might expect. That way you can plan for how much you’ll pay each month before you shop.

You can request a free credit score online through a site like Credit Sesame. Some banks even offer free weekly or monthly checks through their mobile banking app.

Shop for Reliability, Not Features

You may not be able to get your dream car this time around with bad car credit. But you can still get a great, reliable car if you’re willing to look at things differently.

Remember, interest is a big deal. Many low credit score applicants qualify for an interest rate between 11 and 17 percent.

If you financed a fully-loaded car at $25,000, you could pay up to $37,000 over the life of that five-year loan. That’s almost 150 percent of the original balance!

On the other hand, a $10,000 car loan works itself out to just under $15,000. It’s still a big jump, but you’re saving a ton of money. And with lower car payments, you could pay the car off early—something that would rebuild your credit and save you lots of interest.

Bad Credit Ratings Can Stay For Seven Years

Before you start looking at new or used cars in Janesville, make sure it’s the right time.

In some cases, people have old credit histories that still haunt them. The good news is these credit ratings eventually disappear off your score, which can boost it.

So if you’re considering buying a car but know that you’ll be at or near the seven-year mark soon, it could help to wait.

Getting your score up to 100 or 200 points could save you thousands of dollars in interest. If your score is bad and you’ve been making payments consistently for several months or years, there’s a good chance this could happen for you.

Shop Local and Share Your Story

Not for nothing, people like a good story. Maybe your credit is bad because you’ve been down on your luck. Or maybe getting a loan for a car is one of the first steps you’re planning to take to turn your life around.

Whatever it is, make that part of your story when you go into the dealership. And be sure to shop local.

Type in “quality used cars near me” on Google and look in your town or community for something that fits your needs.

Of course, honesty goes a long way too. You should never make something up just to get a car loan. But you can leverage authenticity to maybe get approved for something you otherwise would not.

Buying Process In Janesville

The buying and research process for getting a car with bad credit can be different. But you can still get yourself a nice, reliable vehicle and not cripple yourself with high-interest payments if you shop smart.

Doing research, knowing your credit score, narrowing your options, and being honest about your situation are all effective ways to get yourself a car with bad credit.

Contact us today with questions about the buying process. We’d love to help you!