The COVID-19 pandemic has greatly impacted the U.S. economy, touching every business, including the automotive industry. This economic upheaval, though, may provide a silver lining for you if you’re in the market for a used car. With the price of some used models showing notable decreases, now may be the right time to get an even greater deal on a used vehicle from E-Z Way Auto Sales.
When compared to March prices, the first half of April recorded an 11.8 percent price reduction, according to research published in the Manheim Used Vehicle Value Index. In those first 15 April days, three-year-old vehicles were priced 4.8 percent lower. In fact, all major segments posted lower prices than in March.
Across the board, though, only a one percent decrease was posted for retail prices. This modest reduction may be the result of the economy’s prospective return to normalcy. Since retail value is holding close to steady, your trade-in car might not net you as much as you wanted, notes Consumer Affairs reporter Mark Huffman.
If you’re ready to upgrade your ride, you’ll find no limit to high-quality used vehicles from a variety of makers, all at a great price at E-Z Way Auto Sales. Our finance experts will work with you to determine financing or a loan that suits your budget.
Contact E-Z Way Auto Sales in Hickory, North Carolina, and get a great deal on the ideal pre-owned vehicle for your driving needs and budget.
Buying a used car is an excellent idea, no matter what type of vehicle you’re looking for. The following are five of the best used family cars that offer outstanding value for their good, pre-owned prices.
2011 Nissan Maxima
The handsome 2011 Nissan Maxima still looks fresh today, and in a Maxima that has been well cared for, the mechanics feel just as up-to-date. A midsize sedan is always a good, efficient option for family travels, and this affordable choice will not disappoint.
2012 Honda Odyssey
Excellent safety ratings, an efficient 3.5-liter V6 engine, and family-oriented amenities make this minivan a great used family vehicle.
2011 Toyota RAV4
If you want a vehicle with four-wheel drive, a used Toyota RAV4 is a great pick. They’re comfortable, reliable, and easy to maneuver, making them good choices for driving in the snow or off of pavement.
2011 Toyota Sienna
Another great used option in the minivan segment is the Toyota Sienna, which was redesigned for the 2011 model year. In these models and later you will find various valuable features like a kid-friendly entertainment system.
2011 Honda Pilot
Hondas are known for being reliable and long-lasting, which makes them great used cars. The 2011 Honda Pilot seats up to eight, so it’s a good choice for bigger families or frequent carpoolers.
Picking the right car is crucial when buying used, which makes having access to an extensive lineup of excellent used car truly convenient. And that’s exactly what you can expect at E-Z Way Auto Sales!