Deciding to go for a used car is a great way to have your first car. It is also one way of getting the vehicle of your dreams.
These reasons aside, dealers like Central Auto Sales say that buying used cars is also a wise financial decision. You may end up getting more by paying less.
Here are just a few reasons used cars should be your priority:
Since a used car is obviously priced lower, you have the advantage of picking out a model that’s right for your needs. Going through what dealerships are offering may surprise you and you may just find the car you’re looking for at a great price.
With every passing day and with every mile it runs, a new car loses a bit of its value. When does it lose the biggest chunk of its value? Right after you buy it. A new car’s value generally depreciates about 40% in just its first year, whereas a used car doesn’t have that issue at all. You won’t have stress thinking about the value that your car has already lost.
- Better Insurance Rates
It is a fact that insurance companies take into account the age of a car. Generally, the older your car is, the less expensive its insurance. Just ask around for insurance rates for used vehicles before buying a used car. Whether you’re getting a Chevy, a Buick, a Kia or whatever make, you will get the car of your choice at a premium you can afford.
You may not be able to customize a used car, but you are likely to find a model with features similar to what you have in mind. There may even be specials at the dealership that you won’t get anywhere else.
Remember, though, to do your research before buying a used car. So get started on your quest for that perfect pre-owned car.