Mar 6, 2023
Vantage

If you’ve ever driven past a dealership and seen dozens of gleaming new cars, it’s probably not a big mystery where they came from. Manufacturers ship out new vehicles as soon as they come out of their factories. But, what about used luxury cars? Where do they come from? Here we discuss the three most common places.

Drivers Trading in a Vehicle

If you have ever bought a car and traded in your old one, immediately you know where a large percentage of a pre-owned inventory comes from. In order to resell them, these vehicles undergo extensive inspections and reconditioning. If necessary, they will have parts replaced by genuine components. And depending on their condition and mileage, they may qualify to be a Certified Pre-Owned model.

Drivers Selling a Car

Over the last few years especially, the value of pre-owned cars has gone up quite a bit. This is why many car owners have decided instead of trading in a vehicle, that it makes more financial sense to just sell it directly to a dealership.

Dealer Auctions

A big number of pre-owned cars are bought at auction. Dealer auctions take place all the time around the country, and they are usually open to the general public. In many instances, the vehicles at these auctions come from rental car companies.

Explore the Lyon-Waugh Auto Group Pre-Owned Inventory

If you’re shopping for a great pre-owned luxury vehicle, Lyon-Waugh Auto Group has it. Our dealerships carry cars from the top manufacturers, including Acura, Audi, BMW, Jaguar, Land Rover, Mercedes-Benz, and Porsche. Visit any of our dealerships in the Peabody area to find the perfect model to meet your needs and budget.