If you are in the market for a vehicle, you may be wondering whether you should buy a new car or a used car. There are many reasons why people opt for a used car over a new car, one of which is budget. However, another main reason people choose a used car is because of the amount of depreciation that occurs as soon as a new vehicle is driven off of the lot. Keep reading to learn some of the many reasons why you should buy a used car if you are in need of a vehicle.
You Will Get More Bang for Your Buck
With the cost of living continuously on the rise and jobs not paying any more, you probably don't have much room in your budget for a vehicle. So, when it comes to weighing the pros and cons of a new and used car, a used car is much more affordable. Plus, you will find that you can afford a much nicer used car with more features than you could if you were to try to get a new car, which you would likely only be able to afford the base model of.
Brand-New Cars Depreciate Quickly
Cars depreciate over time. While cars may last for years, they tend to lose the majority of their monetary value over the first few years of their life. Many people are drawn to new vehicles because of the perks that they come with, such as warranties, free maintenance, and low financing. However, you can still get some of these same perks by opting for a certified pre-owned vehicle.
Get the Same Perks of a Brand-New Car
It is possible to still get some of the benefits of a brand-new car by buying a certified pre-owned used car. For instance, these used cars will come with a warranty, and they must go through a special, extended inspection before being placed on the lot for sale. Don't forget to ask about other incentives as well, such as free roadside assistance, a complimentary loaner car, etc.
Used Cars Have Reviews
When a new car comes out, it will take some time to find out information about it. All you will have access to is the typical manufacturer information. You won't have information from "real" drivers. However, you can access reviews from drivers about used cars, as there will be plenty of information online about their features, safety, issues, etc. So, make sure that you do your homework before buying any used vehicle.
When you are ready to start looking at used cars, visit a used car dealer near you.