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Business Education

Fred Farah Gives You the Benefits of Buying a Used Car

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It’s not easy to buy a car, whether you’re buying new or used. Both ways have their benefits, but the advantages of buying a used vehicle may not be known to most people. Fred (Fayez) Farah operates a used car dealership, North Star Motors, and he wants you to know how the used car route may be more beneficial than getting a new car. 

Pre-Owned Certification

Certified Pre-Owned labels dominate used car lots, letting you know that a car has been inspected. That labeling offers an immediate sense of reliability and while they may just seem like a sales point, the cars have actually been looked at. Fayez Farah feels the labels help customers know what they’re getting into with the used cars. “It’s that immediate feeling that you’re buying something that works and will continue to work,” he explained. 

Variety of Vehicles Available 

Used cars can stretch through years of production, providing different makes, models, and colors of vehicles to purchase. Fred Farah feels the variety provides more options when you’re looking for a new car, especially as newer vehicles tend to aim for the same high-tech designs and features. “I’ve had some people tell me a lot of the new cars look or feel the same, but the used cars kind of give you the feeling that your car is a bit more unique,” he said. 

Available Vehicle Data

Vehicle history data from websites like CarFax and AutoCheck let you know what car you’re buying before you even step on a lot. Fayez Farah gives this information to all of his customers. “They probably already have it, it’s just so available and it really helps them, maybe more than anything,” he said. 

Information Available on the Internet

In addition to reports, used cars tend to have more information available about them online. This gives people a variety of additional opinions to go off of that a new vehicle may not offer.  A quick Google search of the year, make, and model of used car that you might buy will allow you to see the experiences other people have had with the vehicle. It also allows you to look up a dealership and see how they describe the vehicle, something that Fred Farah did for his customers. 

Insurance

Fayez Farah also knows that used cars usually come with lower insurance rates. Those rates are determined by a car’s value and since used cars have already depreciated in value, those insurance rates will come at a lower cost. This can be especially beneficial for new or younger drivers, who already face higher insurance rates due to their level of experience on the road. “Most younger people come in looking for a used car,” Farrah explained, “I think the insurance costs have a lot to do with that.”  

Customization Costs

Buyers often want to make sure that the vehicle they purchase comes with the features and add-ons that suit what they like. Fred Farah often had customers who wanted to purchase those add-ons at his dealership. By buying used, drivers often save money, which can be used to purchase those additional features to make the car just right for you. 

Registration Fees

Any vehicle that you purchase will need to be registered, but the age of your car could determine how much those registration fees cost. Fayez Farah operated North Star Motors out of Texas, where drivers are charged a flat rate plus local fees to register their vehicle. Other states, like New Jersey, factor in things like age and weight to determine the cost of registration. 

Additional Fees 

A variety of fees can be added on to the initial purchase of a car, including the cost of shipping. Fred Farah knows this firsthand from operating his own dealership. Used cars usually do not carry these hidden fees, which allows you to get a car at or near the price you expected to pay walking into the dealership.

Farez Farah hopes people know how beneficial buying a used car can be. “You can save money and really get the car you want,” he explained. Buying used may sound bad, but it can lead to you driving the car you’ve dreamed of for years to come. 

Fred (Fayez) Farah is the owner of North Star Motors, an independent car dealer in Houston, Texas and Okley Construction.