6 Tips for Buying a Pre-Owned or Used Mercedes-Benz Vehicle
When you make the choice to buy a used luxury vehicle for a great price there are many things to consider.
Savvy car shoppers should know what they are buying, how they will pay for it and what associated costs (like maintenance and insurance) to expect down the road.
So if you have decided that a Certified Pre-Owned or used Mercedes-Benz is best for you, then congratulations, you’ve taken the first step! Before you take the plunge, here are a few more tips about buying a pre-owned car.
1. Do Your Homework
Before you step foot into a dealership, be prepared. Research different models and their years to get a better understanding of what’s available. Educate yourself on the specific model you are searching and read online reviews, watch performance videos or search the news to learn more about recalls or other issues that may have come up with the particular model or models your are looking for.
2. Search Online Inventory
Are you looking for a specific car? The 2014 Mars Red Mercedes-Benz SL 550 Convertible with black leather interior? Or just browsing? Either way you can search the Mercedes-Benz dealership inventory by visiting http://www.mypreownedmercedes.com/. You can narrow down options and select certain models, years, prices, colors, fuel types or search by location. You can easily schedule a test drive for that particular car or apply for credit online.
3. Figure Out Your Financing
When purchasing a Pre-Owned or Used Mercedes-Benz you will might need financing. First, research the estimated price of the vehicle you are interested in by visiting sites like Kelly Blue Book or NadaGuides. Here you will be able to compare vehicle prices, estimate payments, calculate the trade in value of your current vehicle and even research insurance options. Or visit us at MBUSA.com to view all of our models.
Next, determine if you’d like to lease or own the vehicle. Mercedes-Benz dealers often have special offers for new and used Mercedes-Benz vehicles. Check the dealer’s website for the most recent special offers available.
When applying for credit you can simplify the process by applying through Mercedes-Benz Financial Services. There is no cost or obligation to apply online. Just gather up information like work histories and other personal information and take one stop closer to owning your used Mercedes-Benz.
4. Know the Lingo
Paying attention to the labels that different pre-owned vehicles use is a big part of the buying process. Some carry titles such as used, pre-owned, or Certified Pre-Owned. But what do they all mean?
Only licensed Mercedes-Benz dealerships sell Certified Pre-Owned vehicles. These cars are a cut above other used vehicles and are often hand-selected by the dealer. Independent dealers offer used cars, many of which do not undergo the same rigorous inspections. So it might be a good idea to have them looked over by a mechanic. Independent dealers also may not offer warranties or other benefits such as road-side assistance, that come standard with all Certified Pre-Owned Mercedes.
All certified pre-owned Mercedes-Benz vehicles must meet the following certain standards.
- Mercedes-Benz Certified Pre-Owned vehicles are less than 6 years old and have fewer than 75,000 miles.
- Undergoes a rigorous multipoint inspection
- Includes a CARFAX Vehicle History Report
- 7-day/500-mile Exchange Privilege
- Balance of new car warranty plus 1 Year / Unlimited vehicle miles
- Unlimited mileage, one-year warranty with no deductible
- 24-hour Roadside Assistance
- Trip Interruption program reimburses you for expenses up to $300 per day for up to three days
5. Factor in the Extras
The cost of owning a car isn’t just the monthly payment. You also need to consider fuel, tires, insurance, oil changes and other maintenance issues. While used vehicle depreciate at a much slower pace than brand new vehicles, don’t forget about the associated costs of buying pre-owned.
Research your car insurance options and consider prepaying for routine maintenance checks, which can help extend the life of your vehicle and increase trade in value. Consider gas mileage, fuel type, and tire replacement costs associated with a particular vehicle.
6. Go In With a Game Plan
Once you’ve settled on the right used Mercedes-Benz and are ready to buy, locate your nearest dealer and schedule a time to visit. Allot plenty of time for a test drive and in-person comparison of other models. Trained sales staff will be able to answer any questions you may have and can walk you through the process in an inviting, well-appointed environment.
If you don’t find exactly what you are looking for, a sale associate may be able to search for a vehicle at another dealership and arrange for it to be delivered.