Buying a used car instead of a new one can be a great way to save money without major compromises. The biggest difference between buying used as opposed to new is the fact that a used car that’s three or more years old may no longer be covered under the original manufacturer’s warranty.
Most new cars come with comprehensive (bumper to bumper) warranties of 36 months or longer, but that warranty period varies by manufacturer. And most coverage is limited by mileage, as well as time. Many cars also have a longer manufacturer’s warranty on specific things like powertrain, which covers components like engine and transmission. It’s always important to confirm the warranty terms for any car you consider buying.
If you’re buying a used car that is beyond its original warranty period, the biggest risk is the unknown. Are there problems lurking beneath the surface? Are there major parts about to fail that might leave you stranded, and could mean big repair bills?
When you buy your next car from TRED’s network of trusted sellers, you can be confident that you won’t be blindsided by problems or stuck with unexpected costs. In addition to prescreening each seller, we protect your used car purchase in three significant ways:
1. Full vehicle history via CARFAX report
First, all cars sold via the TRED marketplace include a free CARFAX report, so you can find out things like owner history, whether a car has ever been declared a lemon or salvaged (damaged to the point where an insurance company deemed it a total loss.) You can also find out if it’s been in an accident or otherwise compromised.
A CARFAX report is a key first step, and you should never consider buying a car without one. But it’s important to remember that it can’t always tell you everything. It’s not safe to assume that all important parts of a car’s history will be captured by a report—many significant modifications or damage may go unreported and never become a part of the record.
2. Comprehensive inspection by a certified mechanic
Additionally, all of our cars feature an inspection by an ASE-certified mechanic. ASE is the certification the National Institute for Automotive Service Excellence gives to repair shops. It tests and verifies that mechanics are competent and meet high quality standards for repair and service.
During an inspection, the mechanic will test and measure all of your car’s major systems and components. They’ll make sure everything is working properly. They’ll also note any parts that may be nearing the end of their working life and may need replacement.
Obviously, an expert making a thorough inspection of a car is the best way to uncover any wear, damage, or potential problems. It’s highly unlikely there will be any surprises after a certified mechanic makes this thorough assessment.
3. TRED Vehicle Protection warranty
But we want to make sure you’re covered in those unlikely cases where the unexpected does happen. So we’re happy to provide the highest level of protection yet: our free 30-day TRED Vehicle Protection Plan. It’s a comprehensive warranty that covers all the major components of your car. You get roadside assistance, towing, rental car, and trip interruption coverage. And we include it on every TRED car that doesn’t have an existing manufacturer’s warranty.
You can also extend your warranty protection for up to 5 years, beyond the initial 30-day period. We offer coverage for a fraction of the cost of what you’d have to pay a dealer.
So while it’s extremely unlikely that you’ll have or discover any problems with your new TRED car, you don’t need to worry—we’ve got you covered with TRED Vehicle Protection.