Deciding whether to buy new or used is one of the first questions to ask when it comes time to replace your car. There are many advantages to buying a used car versus a new one. If you are getting ready to buy a car, make sure you consider these benefits to choosing a used car.
Used Cars Hold Value Better
The minute you drive a new car off the lot, it is no longer a new car. This immediately drops its value and can put you underwater when it comes time to sell. A used car, on the other hand, tends to hold its value much better. In fact, it is even possible for you to buy it, drive it for a while, and then sell it without losing any money. When you buy a used car, you can take advantage of someone else’s depreciation and still enjoy a car that is just a few years old.
Used Cars Have a Lower Price Tag
Used cars come at a cheaper price than new cars. In addition to a cheaper sticker price, you may also enjoy other cost-savings benefits like lower insurance rates and registration fees. You can often negotiate more when it comes to a used car too, whereas negotiating on a new car is unlikely. It might be tempting to go with a new car that has all the upgraded technologies but you can often get similar features on a used car, at a lower cost.
Used Cars are Reliable
One of the biggest downsides to buying a used car has always been their lack of reliability. Today, used cars are more reliable than ever. Of course, new cars are also reliable but today, cars are lasting longer than ever. Many dealerships also offer certified used cars which means you can purchase a used car with the same warranties as a new one.
Used cars that are certified may come with vehicle warranties that cover some of the most common used car problems. You can also look up the history of a used car with a vehicle history report. These reports will show you the number of owners, the miles on the vehicle, the current registration status, and even if the vehicle has been in any accidents.
Used Cars Let You Stretch Your Budget
Because you save so much money on the initial cost and licensing fees when you buy a used car, you can often afford something nicer. Choosing a used car allows you to stretch your budget even further. You can opt for a car with all the added features or you can even choose a luxury brand. Go with the leather seats or opt for a keyless entry system.
A lower price tag and decreased depreciation are just a few of the reasons to consider buying a used car. Come by Rocky’s Auto Credit today to check out our full inventory of reliable, stylish, and affordable used cars.