If you’re on the search for a great vehicle at a great price, purchasing a Honda used car is a good option to fit your needs. Here at Pacific Honda, we’re dedicated to matching the best pre-owned Honda vehicles with San Diego drivers, and we’re here to support you on every step of the pre-owned Honda purchasing process.
What Fees Are Involved When Purchasing Pre-Owned?
There are many benefits to purchasing a pre-owned vehicle, and the more you know about the process, the easier it will be to meet your budget and drive home in a vehicle you love. Here are a few of the fees associated with purchasing a pre-owned vehicle:
- Dealer Fees: The dealer is responsible for a lot of
the paperwork and logistics of transferring the vehicle into your name. These
processes often have dealer fees associated with them that should be accounted
for when purchasing.
- Title and
Registration: The
dealership will ensure that you have the vehicle title and registration when
you drive home, but they each have associated costs that should be factored
into day-of expenses.
- Sales Tax: Pre-owned vehicles have a significantly
lower sales tax cost than new cars, but you’ll still want to consider the sales
tax value when purchasing your pre-owned car.
- Gap Insurance: Gap insurance will keep you and your vehicle protected and picks up where regular insurance leaves off. The difference between the loan value and vehicle value will be covered by gap insurance, so you have options and support if your vehicle is totaled or stolen.
Learn more about the vehicle financing process and begin test-driving pre-owned Honda vehicles here at Pacific Honda. Schedule your next ride or speak with our expert financing team in San Diego today.
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