Shopping for a new car always seems to be a more arduous process than you think it’s going to be. Every year, it seems there are a myriad of options from a long list of automobile manufacturers. Each has its own safety and performance features and a little sticker shock to go with them.
Have you considered purchasing a used car for your next vehicle purchase? Just about any car lot you visit is going to have used cars for sale. Car dealers understand that the used car market is always growing, especially as people start to realize the following benefits that come with purchasing a used car or truck.
Price
This is the clearest benefit of purchasing a pre-owned vehicle. Because they are used, they come with a significantly lower price tag, making your loan and monthly payments lower.
Certified
Many auto manufacturers now have certification programs for their used cars. These vehicles undergo rigorous inspections, so they come with more of a guarantee when purchased from the dealer. The cars are generally low mileage and were made within the last couple of years. The peace of mind you get with these vehicles is well worth the marginal increase in price over a traditional used vehicle.
Value
It’s a common cliché with new cars that they lose half of their value the second you drive them off of the lot. While this isn’t exactly true, new vehicles do depreciate faster than used vehicles. If you like to switch cars on a regular basis, it may be a good idea to purchase one of the used cars for sale. This gives you more leverage when you go to trade it in for your next vehicle.
These are just the most obvious reasons to purchase a used vehicle. They can be a great deal, especially if you purchase a late model vehicle that is certified.