Used Vehicles FAQs

Welcome to Gates Hyundai in Richmond, KY! We pride ourselves on offering a great lineup of used vehicles to suit every need and budget. As a trusted Hyundai dealership near Lexington, KY, we invite you to visit us and test drive a used vehicle today. Whether you're trading in your current ride for a vehicle that better fits your needs or looking to take advantage of our fantastic specials on select used vehicles, Gates Hyundai is here to help.

Q: What kind of used vehicles do you sell?

A: At Gates Hyundai, we offer a diverse selection of used vehicles, including various makes and models. Our inventory features everything from compact cars and sedans to SUVs, trucks, and more, ensuring you find the perfect vehicle to match your lifestyle and budget.

Q: What are the pros and cons of buying used?

A:

Pros:

Lower purchase price compared to new vehicles

Slower depreciation rate

Reduced insurance costs

Wider variety of models and years to choose from

Cons:

Potential for higher maintenance costs

Limited or no manufacturer warranty (unless certified pre-owned)

Possible wear and tear from previous owners

Q: Do you service and check over each used vehicle you get in?

A: Yes, every used vehicle at Gates Hyundai undergoes a thorough inspection and servicing by our skilled technicians. We ensure each vehicle meets our high standards for safety, performance, and reliability before it is made available for sale.

Q: Do you sell certified pre-owned Hyundai models and what makes it certified pre-owned?

A: Yes, we offer certified pre-owned (CPO) Hyundai models. To be certified, a Hyundai vehicle must pass a comprehensive 173-point inspection and meet age and mileage requirements. Certified pre-owned vehicles come with additional benefits such as extended warranties, roadside assistance, and more, providing added peace of mind.

Q: Do you offer specials on used vehicles?

A: Absolutely! Gates Hyundai frequently has specials on our used vehicle inventory, providing additional savings on already competitively priced vehicles. Check our website or visit our dealership to learn about our current used vehicle specials.

Q: Can I trade in my current ride for a used vehicle?

A: Yes, you can trade in your current vehicle at Gates Hyundai. Our team will assess your vehicle's value and offer you a fair trade-in amount, which can be applied toward the purchase of a used vehicle from our inventory. This process helps make your next vehicle purchase more affordable.

Q: Can I get a loan for a used vehicle?

A: Yes, we offer financing options for used vehicles. Our finance department works with multiple lenders to find the best loan terms for your situation, making it easier for you to drive away in the used vehicle you want. You can start the pre-approval process online or visit our dealership for assistance.