If you’re considering a used vehicle, don’t just ask how many miles it has-ask how many owners it’s had, too.
That’s the advice from experts who say used cars that have had only one owner may be in better shape than cars that have had multiple owners. Many of the one-owner cars are relatively new, have fewer miles on them and less overall wear and tear. While these cars may cost a bit more, the chances of a new owner having to shell out cash down the road for repairs could decrease dramatically.
This one-owner preference has helped drive many car-buying decisions, according to a recent study. Nearly nine out of 10 shoppers said they find it important to know how many owners a car has had. In addition, nearly eight out of 10 said they were more likely to purchase a car identified as having one owner than they were to purchase a car that had multiple owners. Two out of three shoppers are even willing to pay more for a one-owner vehicle.
Finding One-Owner Vehicles
The study found that franchised dealers are usually the best place to find one-owner cars, but it’s always important to do a little investigating on your own....
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