For many dealerships, used cars are a significant portion of their inventory, but purchasing and selling them comes with unique risks. That’s where due diligence becomes invaluable.
In the used car market, making informed decisions is essential to avoid costly mistakes and maintain a strong reputation. Properly vetting your vehicles before acquisition helps ensure you’re offering your customers quality and reliability while protecting your business from hidden issues that could lead to costly repairs or legal problems.
- Inspect the Car's Condition: A professional inspection is essential. Look beyond just the exterior and check vital parts like the engine, transmission, brakes, tires, and the vehicle’s suspension. Also, check for signs of rust, past accidents, or water damage.
- Test Drive: Always take the vehicle for a test drive. This gives you firsthand experience of the car's performance. Please pay attention to how it drives, the responsiveness of the brakes, alignment, engine noise, and other subtle clues that may indicate underlying issues.
- Check Vehicle History: Review the vehicle’s history. This includes accident reports, service records, number of previous owners, and whether the vehicle was involved in a major accident.
- Research Brand Longevity and Reliability: Some car brands are known for their durability and long lifespan. Before buying a used car, research the reputation of the brand, model, and year. Some vehicles hold their value and perform better over time than others.
- Verify Title and Ownership: Ensure the vehicle has a clean title and there are no liens or legal claims against it.
- Check Market Value: Do some research to compare the price of the vehicle against its market value.
When you sign up on Shekel Mobility, you gain access to a trusted platform where you can connect with vetted autodealers just like you.
Key Benefits of Shekel Mobility for Auto Dealers:
- Verified Dealers: You gain access to a network of trusted, vetted dealerships, ensuring your purchases come from reputable sources.
- Effortless Transactions: With Shekel Mobility, buying and selling cars becomes simpler and quicker, allowing you to focus on growing your business.
- Flexible Financing: Access Shekel Credit to finance your inventory purchases, so you can acquire the cars you need without financial strain.
Sign up on Shekel Mobility today!
