Purchasing a vehicle is all about having the freedom to go where you want, when you want, with confidence. But if you spend too much on a brand-new car, that investment in your independence can quickly turn into a case of buyer’s remorse. As an alternative, drivers can buy used cars and get behind the wheel without breaking their budget. If you’re not sure whether a pre-owned vehicle is right for you, consider the following list of advantages.
5 Benefits of Purchasing a Used Car
1. More Car for Your Money
In general, the average American spends about $13,000 less on a used car than a new one. As a result, buying pre-owned boasts more options for your budget. For example, if you had $25,000 to spend on a new car, you may only be able to get an economy model. If you purchase used, you might be able to afford a luxury car with added features for the same amount of money.
2. Depreciation Defense
It is estimated that new cars depreciate by as much as 30% during the first year of ownership. Used vehicles depreciate at a much slower rate, so if you buy one, you’ll be able to retain a larger portion of the original value for a longer period of time.
3. Greater Insight
An informed buyer is a smart buyer. However, there isn’t always a lot of market data from real drivers available for new cars. If you’re looking at used automobiles, there will already be established consumer reports to verify the comfort, fuel economy, and reliability of the car.
4. Inexpensive Insurance
Since new cars are worth more than pre-owned vehicles, they often cost more to insure. If you buy a used car, your insurance may cost a fraction of that rate.
5. Room for Upgrades
The discounted price of pre-owned cars and trucks could leave you with a considerable amount of money leftover. If there are features or upgrades you want, you can use that cash to enhance your ride. In addition, you’ll have an easier time finding aftermarket accessories for a used car than a new model.
If you want to purchase a reliable vehicle in the Seattle, WA, area, turn to the Auto Outlet of Tacoma. This trusted dealership not only sells certified pre-owned cars, but also prices them competitively. Visit them online to see just how affordable and diverse their inventory is, or call (253) 473-1900 to speak to a specialist about a specific listing.