Third Coast Auto Group Official Blog
Buyer’s guides are an important tool in the used car businessBy Product Expert | Posted in FAQs on Friday, May 14th, 2021 at 7:05 pm
What does a used car’s buyer’s guide tell you?
Third Coast Auto Group is always trying to fight through the bad actions of bad actors in the used car industry. Our team makes sure that all the vehicles we sell are safe and reliable, but we would never ask you to take our word for it. That’s why we strictly follow Federal Trade Commission guidelines and provide a buyer’s guide with each vehicle. So, what does a used car’s buyer’s guide tell you? It is important to note that a buyer’s guide differs slightly from the information contained in a CarFax report. Both provide important details about an individual vehicle, they just kind of approach things differently. Let’s take a closer look at this important element in buying a pre-owned vehicle.
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Buyer’s Guide Details You Should Know
Without getting too deep in the weeds of automotive jargon, a vehicle’s buyer’s guide is the top tool for giving potential buyers an objective look at the vehicle’s equipment. Some of the buyer’s guide information will (or legally should) include:
• Major mechanical or electrical system on a vehicle, including some potential problems
• Whether or not the vehicle is being sold with a warranty or if it is an ‘as is’ sale
• If it does come with a dealer warranty, what those terms are
• Dealership’s contact information
When dealing with any vehicle sale, buyers should always get all promises and assurances in writing. Also, make sure you ask for and go over the CarFax vehicle history report and/or have the vehicle inspected by an objective third party. A lot of repair shops will perform an inspection for a nominal fee. We’ve seen some bad things; this is definitely worth it. Always keep the vehicle’s buyer’s guide for future reference.
If you want to see what Third Coast Auto Group has to offer, make an appointment with one of our product experts today.