Used car dealers have a bad reputation, but this is often undeserved. Especially with modern vehicles, used cars often represent an incredible bargain and a great way to pick up a phenomenal vehicle that might be otherwise out of reach. If you are currently on the hunt for a new (to you!) car, then visiting a used car dealer is likely to be a great option. If you find that you are still hesitant, consider these three great reasons why used car lots are nothing to be afraid of.
Modern Cars Can Go the Distance
The average age of a car in the United States is now almost 12 years. Modern cars are built better and last much longer than older counterparts. Not only does this mean that used car lots contain plenty of cars with lots of life left in them, it also means that you will be putting out less money over the long run. Maintenance costs are one of the greatest fears that most people have when purchasing a used vehicle for sale, but the greater reliability of modern vehicles means that even cars long out of warranty are generally fairly cheap to maintain.
New Car Depreciation is Huge
A new car takes its largest depreciation hit when it is first driven off of the lot. After that, depreciation slows as the car gains miles. By buying used, you avoid losing a large amount of money almost immediately. Instead, you get to enjoy a much slower depreciation curve on a vehicle that is likely just as reliable as it was when new. This also makes the long-term ownership cost of used cars significantly lower. Since your vehicle is losing less of its value each year, your total cost of ownership will be that much lower once you are ready to sell it.
Certified Pre-Owned Cars Can Still Offer Peace of Mind
Certified Pre-Owned (CPO) vehicles have been checked by certified dealer technicians and they carry a warranty that is very similar to a new car warranty. These cars will tend to cost slightly more than an equivalent vehicle that is not CPO, but they can provide you with extra peace of mind if you are particularly concerned about reliability. If you would rather not purchase a CPO car, you can still have some protection against unforeseen issues by buying an extended warranty. These are offered by both dealers and by third parties.
While buying a new car can be tempting, it is worth seriously considering a used purchase instead. Not only will be able to buy something reliable for much less than the cost of a new car, but you can also use the money that you save to move up into a nicer, more luxurious vehicle than you would have otherwise been able to afford.Share
26 September 2019
After I totaled my car, I knew that I needed to find a new vehicle that would weather auto body damage a little better. I started looking around for an incredible dealership that I could work with, and I was able to find a nice place that was relatively close to my house. They were easy to work with, focused on making my experience enjoyable, and had an incredibly large selection of great cars. Within a few hours I was able to find a really nice car that I loved, and I was really happy with the entire process. This blog is all about finding a great car that you will love.