Why Buy Pre-Owned
Buying a used car today is safer and easier than ever. Below is a list of reasons why buying used is a smart choice.
Cost
It’s a well-known fact that cars depreciate. The most depreciation happens within the first few years, evening out after about five years. The beauty of buying a used vehicle is that buyers get to skip the cost of depreciation. Buying a vehicle that’s a few years old allows you to get more car for less money.
More Information
The internet has compiled mounds of data on used cars. Since these models have been on the market for a few years, you can thoroughly research the benefits and drawbacks based on what other drivers have experienced.
Vehicle History Reports
Easy access to vehicle histories from providers like CarFax remove the worry of the unknown. History reports show former owners, accidents, damage, and even repairs to give a comprehensive look at the vehicle’s life.
Longer Lasting
Vehicles today are built well and made to last long. Passing 100,000 on the speedometer isn’t as daunting as it used to be. Even though used vehicles already have miles on them, their durable design and efficient motors allow them to keep going from one owner to the next.
Certified Pre-Owned
Many manufacturers today take the hassle out of buying used with Certified Pre-Owned vehicles. Cars with only so many years and so many miles are eligible for CPO status. Most undergo heavy inspection with repair to any issues, providing as new of a used car as possible. The manufacturer guarantees a reliable, durable vehicle that comes with the original warranties. Plus, they usually offer perks like roadside assistance or premium financing.
Insurance and Fees
The more expensive the vehicle, the higher the insurance. The inherently lower costs of used vehicles make for lower insurance payments, helping with finances. Some states even have lower registration fees for older vehicles, helping you save even more.