Buying a certified pre-owned Cadillac in Michigan is not as easy as you may think. Cadillac is one of the select few luxury car makers in the world. It is a subsidiary of General Motors and is one of the oldest brands in the world. Popular Cadillac vehicles such as the Cadillac CTS, ATS and SRX are pretty expensive if you purchase new. That is one of the main reasons why most people tend to opt for pre-owned cars. Not only are they cheaper, but the dealer may throw in an additional warranty along with your purchase as well. If you have never bought a pre-owned car before, here is a brief guide to help you out:
Buy from a Dealer or an Individual?
The first step is to decide whether you want to buy the car from a dealer or from an individual. There are many advertising sites on the internet where people sell their cars. Buying from an individual may get you the car at cheaper rates, but there are several downsides to it too. For starters, you may not be able to find any problems with the car. On the other hand, if you buy from a dealership, they will give you a guarantee that the car was thoroughly inspected. Obviously, the dealer will charge a commission for their services. However, you will get the peace of mind that the car is in its best possible condition.
What Papers Should You Check?
At the time of purchase, checking the vehicle documentation is very important. You want to know that all the documents are in order. If one or two documents are missing, the value of the car may decrease significantly. Once you like a car, you will have to make a bid. Usually, dealerships offer financing plans to their customers. This will make it easy for you to purchase the car and pay the money over time.
Once a deal is finalized, make sure you check documents such as the receipt generated at the time of sale (when the car was originally purchased), as well as the title applications. You will also have to fill out a form in order to transfer the car to your name. You will also need odometer statements, the registration documents and the Buyer’s Guide. When buying a certified pre-owned Cadillac in Michgan from a dealership, all of these documents will be in order.
However, if you are buying a certified pre-owned Cadillac from an individual, it is usually recommended that you take an experienced person along. They can inspect the documents and confirm that everything is in order before the deal is finalized.
Popular Cadillac vehicles such as the Cadillac CTS, ATS and SRX are pretty expensive if you purchase new.
