When most of us imagine buying a car, we automatically think about going out and buying a brand new one. However, many people don’t know that there are many advantages to buying a used car, so if you’re on the fence whether or not to buy used, read on for some compelling reasons why you should.
1) Save Money – Pay Less
One of the most crystal-clear advantages of buying a used car is that you’ll pay less. And because it costs less than a new car, you won’t have to spend as much on sales tax or registration fees (based on your state). This may not seem like a big deal when considering all the steps you need to take when buying a car, but it can easily save you thousands of dollars.
And if you’re looking to save money on your monthly payments, you should know that you can easily get a used car with lower payments than a new one.
2) No Worries about Depreciation
A new car depreciates (decreases in value) as soon as you drive it off the lot. In fact, a brand-new vehicle loses 20{60302a704289ffbf97a4812255a0bc8a6f23097845ce08f1b9000776917131c2} to 30{60302a704289ffbf97a4812255a0bc8a6f23097845ce08f1b9000776917131c2} of its value during the first two years. But with a used car, this isn’t something that typically concerns buyers since most of the depreciation has already happened.
3) More Options to Choose From
Did you know that millions of used cars are sold in the U.S. every year? This means you have plenty of options to choose from, which can make your search feel less overwhelming. If you’re searching for something specific, like a green SUV or a certain make and model, you’re likely to find what you’re looking for in the used car market. In fact, some people even prefer buying used cars because they have more options than if they were to buy new.
4) Cheaper Insurance
As you can imagine, insuring a used car is much cheaper than insuring a brand-new vehicle. That’s because insurance companies consider used cars as less risky as compared with brand-new ones.
5) No Hidden Charges
New car dealerships often charge hidden fees to make more money off your purchase. These charges can include anything from advertising costs and dealer prep work, but they’re typically not included in the sticker price that you see on the window (or online). When you purchase a used car, you don’t have to worry about any hidden charges.
If you’re interested in buying a used car, come down to Lake Elsinore Honda, serving Lake Elsinore, CA, and we’ll be happy to help you find the model that’s right for your needs. Whether it’s a pre-owned Accord or Civic, our sales team will work with you one-on-one until you drive off the lot in your beloved new car. Check out our online inventory!
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