ONLINE BANKING
Access ID:
Pay Online Button
Apply Now Button

Buying a used compact car doesn't mean you have to compromise on quality

Posted on Friday, August 17, 2012 at 3:44:06 PM

Whether for decreased environmental impact or increased fuel efficiency, more Americans are buying compact vehicles. According to J.D. Power and Associates, the market share for compact and subcompact car models has grown to 35.4 percent during the first seven months of 2012 – an increase from 32 percent during the same period in 2008.

As more consumers debate the purchase of a compact vehicle, a greater number of comfort and luxury features are being implemented. According to the source's 2012 Initial Quality Study, interior comfort is the second-most-common reason why an owner purchases a vehicle.

"Owners have high expectations for their vehicle, and purchasing a smaller vehicle doesn't mean they want to forego amenities, especially regarding seats," said Mike VanNieuwkuyk, executive director at J.D. Power and Associates.  "A vehicle's interior has been growing in importance to vehicle owners."

Potential auto buyers may want to consider sitting in and taking a test drive of all cars being considered for purchase. Comfort is a crucial element, as a result, don't waste auto financing from Home Loan Investment Bank on a vehicle that doesn't meet all of your requirements.ADNFCR-16001052-ID-800844080-ADNFCR