Tips for Buying a Used Car from Enterprise Rent-A-Car
Buying a used car from Enterprise Rent-A-Car can be a straightforward process if you know what to look for and how to approach the transaction. Here are some essential tips to help you get the best deal possible.
Research the Vehicle
Before visiting Enterprise Rent-A-Car, it is crucial to research the model you are interested in.[fn1] Use reputable resources like Kelley Blue Book or Edmunds to understand the market value and get a fair idea of what the car is worth. This will help you negotiate effectively and avoid overpaying.
Check the Vehicle History
Enterprise typically provides a vehicle history report for the cars it sells.[fn2] Review this report carefully to spot any accidents, service history, and title status. Knowing this information upfront will help you make an informed decision and ensure you are not buying a car with hidden issues.
Inspect the Car in Person
Always inspect the vehicle in person. Take time to look for any signs of wear and tear and consider taking it for a test drive to assess its condition. Hands-on inspection can reveal issues that may not be apparent from paperwork alone.
Negotiate the Price
Absolutely, you can negotiate the listed price with Enterprise Rent-A-Car.[fn3] Start by aiming for a discount of around 5-10% off the listed price, depending on the car's condition and market value. If the vehicle has been on the lot for a while, you may have more leverage to negotiate.
Consider Extra Charges
Be aware of potential extra charges such as sales tax, registration fees, and possibly a documentation fee.[fn4] Ask for a detailed breakdown of any additional costs upfront to ensure there are no hidden surprises in the final price.
Timing Your Purchase
The best times to buy a used car are usually at the end of the month, quarter, or year, when dealerships are working to meet their sales goals.[fn5] Additionally, buying during the winter months, from December through February, can yield better deals due to lower demand.[fn6]
Explore Financing Options
If you plan to finance the purchase, shop around for the best rates before you visit Enterprise.[fn7] Compare rates from banks, credit unions, and online lenders to secure the most favorable terms.
Warranty and Return Policy
Inquire about any warranties or return policies that may apply to your purchase.[fn8] Enterprise often offers limited warranties on their used cars, which can provide peace of mind and protect you against unexpected repairs.
Be Prepared to Walk Away
If the deal does not feel right or if the price is too high, be prepared to walk away.[fn9] There are always other options available, and it’s better to let a better deal come to you.
By following these tips, you can feel more confident and informed when purchasing a used car from Enterprise Rent-A-Car.