The 3 Best Times of Year to Buy a Car

If you are in the market for a new vehicle, then fortune may be smiling on you…because ‘tis the season for great deals on new and pre-owned vehicles.

As you may already know, when looking for the best deal on your next car, timing makes a difference. The best times of year to purchase a car are:

End of the calendar year
If your primary objective is to get the lowest price possible for the vehicle you want, then December may be the best month. December is the last opportunity for dealers and salespeople to make sales goals and for manufacturers to reduce inventory of prior-model-year vehicles. As a result, buyers may enjoy the highest discounts and the biggest incentives.

End of the quarter
If you cannot wait till the December to buy a car, you may still want to wait until the end of the fiscal quarter (March, June, October) as dealers and salespeople are facing the same pressure to make quarter-end goals. This gives buyers better bargaining position, so you may be able to negotiate a better price.

Black Friday
Black Friday is the biggest retail shopping day, and car dealerships are vying for consumers’ attention. For buyers that means you can look for incentives, discounts and other perks post-Thanksgiving.

While these times of year may increase the pressure on salespeople to close the deal, the team at Unique Enterprises never pressures you. No matter what time you visit us, we offer low-pressure sales and reliable consultation to make sure you get the best value and the best vehicle for your money.

Buying vs. Leasing a Car

You need a new car. You scrounge up your courage to approach the dealership. You peruse your selection, take some test drives and maybe decide on one. But then something you weren’t counting on happens: the dealer asks, "Have you considered leasing?" The idea of leasing could expand your options, but buying may have some long-term benefits. What do you do?

Buying a Car

The option to buy a car, whether you buy it outright (which is more likely if you’re looking at a pre-owned vehicle) or finance it, is always available. If you choose this option, here’s what to expect:

Pros

·         You get to keep your car; it becomes a permanent asset once you pay off your auto loan (if any)

·         You will eventually pay off your auto loan, and then you have no more monthly obligation

·         Having a paid-for vehicle is a distinct advantage with an expanding family and/or a family expecting to have an increase in the number of drivers

Cons

·         Once the factory warranty expires, you are responsible for all vehicle maintenance and repairs

·         Vehicle value depreciates quickly, so what you can get for your car as a trade-in or private sale may limit what you can afford the next time you need or want a new car

All things considered, if you are certain you want to keep the car for a long time and like the idea of ownership, buying is for you.

Leasing a Car

Leasing may be a more attractive option for many people in pursuit of a new car. If you choose to lease, here’s what to expect:

Pros

·         Lower monthly payment

·         No money down (may depend on credit or other eligibility criteria)

·         Expands your selection of vehicles that may fit in your budget, including a number of newer, higher-end models (this may be important for some lines of work, like real estate)

·         Most repairs are covered under the manufacturer’s warranty

Cons

·         Lease terms may have restrictive mileage limits, over which you may owe a fee or penalty

·         You do not gain an asset at the end of the lease term

·         You always have a car payment

 

If you like having a new car every few years and don't mind a car payment, leasing is likely the best for you.

For those interested in buying a car without the markup on brand new models, Unique Enterprises has the quality vehicle you need. We have a lot full of quality pre-owned cars and trucks and the financing options to make them affordable. Visit us in Moriarty, NM today.


Benefits of Buying a Used Car for Your Teenager

Getting a license is a huge milestone for any teenager. However, the excitement of being an independent legal driver is short-lived if there’s no car to take for a spin.

Parents who want or need another vehicle for their new drivers are well-advised to consider pre-owned vehicles. Used cars offer a great value without the price tag of a brand-new car or truck.

Used Cars Are Cost effective

Most families strive to maintain a budget; the monthly payments for a new car loan and insurance for a new model will likely stretch your budget beyond your comfort level. Used cars reduce the up-front and on-going costs, and with the quality models available, pre-owned vehicles still offer years of low maintenance driving.

Used Cars May Offer a Better Learning Experience

Statistically, new drivers are at a higher risk for accidents. While no parent wants to deal with the hassle and expense of vehicle repairs, those repair expenses are likely to be lower for a pre-owned vehicle.

Find a ‘New-to-You’ Car at Unique

When you need to increase the size of your family fleet to accommodate your teen driver, visit Unique Enterprises. We have a large selection of quality pre-owned vehicles, and we offer flexible financing terms that can help you fit a new used car into your budget.

5 Reasons Why Buying a Used Car from Us Is a Smart

It doesn’t matter what your budget is. When you’re looking for a vehicle to replace your existing one or increase your personal “fleet,” a pre-owned vehicle often gives you the best value for your money.

Why should you consider a used car from Unique Enterprises?

Less Expensive

The term “sticker shock” came from new car price tags. Brand new models are a major investment, one that you could be paying off for more than five years. Unfortunately, their MSRP value significantly depreciates the moment you drive off the lot.

Pre-owned vehicles, on the other hand, offer considerable savings. You start with a lower price point, and trade-ins and negotiations can help you bring down the price even further.

Wide Selection

You can find the makes, models, colors and options you want in our pre-owned inventory. If you don’t find exactly what you want and have some time to wait before finalizing your purchase, we may be able to locate the car or truck with the specifications you want.

Reliability

Unique Enterprises ensures that our used cars are reliable. We have Carfax reports for each vehicle in our inventory, and all vehicles are inspected by our ASE-certified mechanics. Plus, used vehicles have often been through a complete recall cycle, so any issues that had been identified with a particular make/model have likely already been repaired.

Convenient Shopping Experience

Our entire inventory is available at your fingertips. You can view images and specifications about any car on our lot. You can even make an appointment to test drive the vehicle and get pre-approved for financing without ever leaving home.

After-Purchase Customer Care

Unique Enterprises offers extended warranty options to give you peace of mind about your pre-owned car purchase.

Visit Unique Enterprises in Moriarty, NM to find the new-to-you vehicle that offers excellent value and reliability.

Buyer Beware: Check CARFAX before You Buy

So, you think you've found the perfect car. It looks clean and well-maintained. It runs smoothly, and there appears to be no mechanical issues. However, looks can be deceiving.

When you are considering buying a pre-owned vehicle, there’s more to determining the value and estimated life of the car or truck than appearance and handling. For instance:

·         Has the car been in a wreck? Auto body collision may make the car look good, but was the frame alignment checked and restored?

·         How many owners has the car had? The more owners, the more likely there’s been some gaps in routine maintenance.

You don’t want problems like these to become apparent after you’ve purchased the vehicle. So how do you avoid situations like this?

Find a reliable pre-owned car dealer, like Unique Enterprises. We provide CARFAX reports for every vehicle in our inventory. In fact, we are a 5-Star CARFAX rated dealer, which means you can be confident that we are going to sell you a vehicle that is safe and reliable. We offer extended warranty plans for purchase – up to 3 years / 36,000 miles.

Shopping for a car doesn’t have to be stressful. Unique Enterprises gives you the information you need to find the best value in a new-to-you car or truck. Visit us in Moriarty, NM, today.

The Right Car Dealership for You

When buying a car, you need to find a dealership that is reliable and that you can trust. With so many dealerships from which to choose, it can be difficult to know which one can best meets your needs. Follow the tips below to find the right car dealership for you.

Check Online Reviews

The Internet is a great source for reviews from past dealership customers. You may find reviews on the dealership’s website (having a functional website is itself a good sign for a car dealership) and on review sites. A search using your favorite search engine (like Google or Yahoo!) using the dealership’s name and location (city, state) should be enough to find a number of places customers may be talking about the dealership.

So, what are you looking for? You’re not likely to find any car dealership with only glowing reviews. But to find a reliable dealership, positive reviews should far outnumber negative reviews. Plus, the quality of reviews can tell you a lot. Look at what the customer had to say about the experience. Negative reviews may only apply to a specific salesperson (who may not even be working at the dealership anymore) rather than the dealership as a whole.

Talk to Others

Word of mouth goes a long way. Ask friends and family which dealership they use. If you get positive responses, maybe you should check the dealer out for yourself.

Dealership Facilities

Take a look at how the dealership looks:

 

  • Are the cars clean?
  • Is the lot organized?
  • Is the building clean?
  • Is the landscaping taken care of?

 

A dealership that cares about its own appearance does so because it cares about the customer experience.

Observe How Staff Treats Customers

When you walk into the dealership, take note of how other customers are being treated.

 

  • Are their questions being answered?
  • Is the salesperson excited for the customer?
  • Is the salesperson pushy?

 

You want to deal with a salesperson who is genuinely interested in your needs.

When you know what to look for in a car dealership, you’ll recognize it at Unique Enterprises. Browse our inventory online and contact or visit us to find out how we can help you find the best new-to-you car!

What to Look for When Purchasing a Used Vehicle

Car-buying can be stressful. Some people rank it right up there with dental work. But finding the right new-to-you car doesn’t have to be nerve-wracking. When you know what to look for, you can feel more confident about your used car choices.

At Unique Enterprises, we only select quality used vehicles to offer on our lot. To find the one that fits your needs, style and budget, consider:

Resale Value

Price is a very important factor when purchasing a vehicle, but you need to make sure that you are getting what you pay for. To determine if the price aligns with the value of a used vehicle, consider:

 

  • Manufacturer—is the automaker known for lower upfront price points but higher lifetime maintenance costs or vice versa?
  • Year and mileage—how old is the vehicle? How many miles does it have? How many useful years can you expect to get from it?
  • Condition—does the paint, body and/or interior look good or worn?

 

Consumer tools like Kelley Blue Book can generate an estimated value so you know if the sticker price is in line with the vehicle’s condition.

Maintenance and Ownership Records

The appearance of a vehicle does not always tell you what the car’s been through. To make sure the frame and mechanical components can promise reliable performance, ask for vehicle ownership and maintenance records. Red flags to be aware of include:

 

  • Vehicle from an area subject to major flooding
  • Vehicles involved in one or more accidents
  • Salvage title

 

Unique Enterprises provides Carfax reports for every vehicle on our lot.

Financing Options

When you find a used car that fits your needs and has the features and options you want, you need to make sure it’s going to be affordable. Inquire about financing options and interest rates. While a rock-bottom monthly payment may allow more spending money, you may end up paying thousands more in interest over the lifetime of the loan. If possible, maximize your down payment and try to secure lower interest rates to keep the total cost of the vehicle as close as possible to the sticker or negotiated price.

Warranty

Most used vehicles are no longer covered under manufacturer warranties, but you want to have some coverage to protect you. Unique Enterprises offers a standard warranty (15-day, 500-mile coverage on drivetrain) plus a number of extended warranty options (additional charges apply).

 

Unique Enterprises offers low-pressure auto sales. We want to make sure you get the right vehicle. View our selection and contact us or visit our Moriarty location to speak to a knowledgeable member of our sales team for more information. 

Top 4 Questions about Auto Financing

Buying a car can be a nerve-wracking experience, especially for first-time buyers. A better understanding of the car financing process can help put you at ease. Before you head out for an afternoon of test driving, here’s what you need to know to be ready to sign on the dotted line:

1. How do I apply for financing?

The actual process of applying for financing is fairly similar and straightforward regardless of lender. It’s a matter of digital and/or hard copy paperwork to determine your credit-worthiness. The bigger question is really Who Should I Get Financing From?

Some dealerships offer their own in-house financing. If not, there are always private banks to go to for loans. Our lending department can help you get approved for a loan and select a financing option that offers the best terms.

2. Should I have a co-signer?

Whether or not you have a co-signer on your auto loan is determined by the lending institution, not you. If your credit score is high enough, you can sign for the auto loan yourself, and it is actually better if you are the only person on the loan. However, if the bank requires a co-signer, you will need to choose someone with good credit and proof of sufficient income. 

3. Should I make a down payment?

Whenever possible you should make a down payment. Putting money down on your car lowers your monthly payment and shortens the loan term. Overall, a down payment can save you significantly on loan interest charges.

4. How long will the loan process take?

The loan process usually only takes a few minutes—that’s how fast you can get an approval from the lending institution. Most people can drive their new car home the same day. However, if the lending institution requires additional information that you do not have with you, the process can be delayed. You can get pre-approved for credit at Unique Enterprises using our online system. You may also contact us to find out what you need to bring with you to ensure that you can close the deal the same day you come for a test drive.

How Important are Emissions Tests?

You may be tempted to see if you can get away without emissions testing, just this once, but that’s not your best idea. Emissions tests are important for your car to be street-legal and for you to do your part to promote environmental sustainability.

Emissions Tests are Mandatory

In Bernalillo and other New Mexico counties, emissions tests are required every two years. Without a passed inspection, you cannot renew your vehicle registration. Without up-to-date license tags, you must drive in fear of being pulled over and facing fines for non-compliance as well as the fees you may have been trying to skirt in the first place.

If you want to drive in New Mexico, there’s just no way around it—you need emissions testing to stay legal.

Emissions Test Protect the Air

The whole point of emissions tests is to minimize the amount of carbon emissions released into the air. Carbon emissions are the gases responsible for global warming, and since climactic change affects everyone, every driver shares responsibility in minimizing the environmental impact of their driving habits.

Emissions Tests are Inexpensive and Convenient

Emissions tests cost less than $20 at most testing stations, and they take less than 15 minutes to complete. Many testing facilities allow you to check ahead for wait times, too. If you need help finding a reputable emissions testing station in the East Mountains, contact us.

Should I Buy a 4-Wheel Drive Vehicle?

For those who live in the East Mountain community, which often experiences much more extreme weather conditions compared to the city on the western slopes of the Sandias, many people wonder: Should I buy a four-wheel drive (4WD) vehicle? 

 

Well, that depends on the primary where and why of driving for you.

 

4WD vs AWD

Before looking for a 4WD vehicle, you should know whether it’s 4-wheel drive or all-wheel drive you really need. Here’s an overview of the differences:

 

4WD

AWD

·         Rear-wheel drive is standard; 4WD must be turned on by the driver

·         AWD is always on and controlled by computer

·         Best for traction in rugged terrain and wet conditions

·         Best for traction on slick conditions—wet, snowy and/or icy roads

·         Mostly found on trucks and SUVs

·         Mostly found on cars

 

Both 4WD and AWD add weight to the vehicle and mechanical complexity, which can increase the lifetime cost of vehicle maintenance. Still, these features also add safety and capability on the road.

 

When to Consider 4WD

Four-wheel drive vehicles are best suited for:

 

·         Rugged terrain and/or off-road excursions, so if you are an avid outdoor enthusiast, your destinations may require 4WD capability.

·         Dangerous road conditions, like ice and snow, or travel on unpaved roads that may be covered in mud, loose gravel and/or standing water.

 

If your primary driving purpose is commuting between home and work on highly trafficked and well-maintained roads, 4WD is typically not recommended because of the higher initial costs as well as costs the add up from lower fuel efficiency and more expensive maintenance and repairs.

 

No matter what your daily drive and driving conditions look like, Unique Enterprises can help you find the quality used car—with or without 4WD (or AWD)—to suit you. View our inventory online or visit our lot in Moriarty for a test drive.