If you're in the market for a used car, you'll find that there are many metrics that determine a vehicle's price, including age, mileage, condition, and market status. Each attribute has its own effect on a car's price, and when combined, can cause values to vary widely. So how do you really know what you should pay for a used car?

Age or Mileage: What's more important to a used car's value?

It's a commonly held belief that a lower-mileage vehicle is a better choice, even if it's several years old. However, that's not always the case. With automotive features progressing at a rapid rate, newer vehicles may have desirable amenities, like advanced safety features and infotainment that make them more valuable. However, what's really important is how well a vehicle has been treated over its life. What were the driving habits of the previous owner? Has the vehicle been to all of its manufactured-recommended service visits? That makes a vehicle history report a valuable tool, and is the reason that all used vehicles sold by Prime Automotive dealerships offer free CARFAX reports.

How do I get a good deal on a used car?

One of the best ways to find the fair value for a used car is with the Kelley Blue Book Fair Market Range for Used Cars. KBB combines all the factors that contribute to a vehicle's value (mileage, condition, options, plus hard-to-figure elements like seasonal trends and regional variations in over 100 geographical regions across the U.S.) to provide a range of prices that you can use to determine what you should pay for a vehicle in a certain condition.

Shop our extensive selection of pre-owned vehicles at Prime Automotive

Prime Automotive offers nearly 2,000 quality used vehicles across its dealerships in Massachusetts, Maine, New Hampshire, and New York. Please feel free to contact us at your convenience for more information about our available models and financing opportunities. We'll be happy to assist you.

Categories: Pre-Owned Inventory