Buying a used vehicle has its benefits and drawbacks, but in most cases, it’s a solid financial decision. However, some are concerned that they’ll end up with a lower-quality vehicle. In this guide, readers will learn why they should give a used car a try.
This is one of the biggest reasons to buy used rather than new, but it bears repeating. According to statistics, most brand-new cars lose their value within the first three years. Therefore, a car that’s just three model years old costs much less than its new equivalent.
In the past, cars fell apart much faster, but today’s vehicles are built to last. That increase in durability translates to showrooms full of like-new pre-owned cars; they’re more reliable than before, thanks to better engineering and increased competition between automakers.
Availability of History Reports
If a customer is still reluctant to buy a used vehicle, it’s easy to access vehicle history reports. These reports offer detailed information on a car, truck, or SUV’s service history and whether they’ve been in any serious accidents.
Certified Pre-Owned Vehicle Programs
Most automakers in today’s market have a CPO or certified pre-owned program. What’s a CPO vehicle? In these programs, dealers take in used vehicles made within a certain period, put them through a multi-point inspection, and resell them in like-new condition. This means a certified pre-owned vehicle is more trustworthy than most other used cars.
Lower Financing Rates
While used vehicle loans often come with higher interest rates, those rates are at a historic low. It’s the right time to finance a used vehicle, so stop by to talk to a sales and financing expert.
Get a Luxury Car for a Non-Luxury Price
Many people want high-end or upscale vehicles, but they’re not always affordable. However, if a customer buys a used vehicle, they’ll get all that luxury for the same price as a mainstream choice. By buying used, drivers get all the amenities and creature comforts without the inflated price.
The team is ready to help local customers find the right used car. Call for more information, stop by for a test drive, or visit this website for a quote.