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When considering whether or not to buy used cars, most individuals focus on the price tag. After all, buying used can save you thousands of dollars on your initial purchase. But these immediately noticeable savings are far from the only monetary benefits involved with a pre-owned vehicle. Here’s a closer look at reasons why a used car is a smart investment.

3 Financial Benefits of Used Cars 

1. Less Depreciation

Depreciation is a real issue when buying a new vehicle. Most cars lose up to a third of their total retail value after only two years. By purchasing one that is slightly-used, you significantly offset the decrease in value you’ll experience over time, giving you a better return on investment.

2. Affordable Registration

Depending on where you live, yearly registration fees can be quite expensive. However, these fees are generally determined based on the model year of your vehicle and its perceived value. As a car ages and its value declines, so too do the associated registration fees. As such, buying used will also result in savings for this often-overlooked automotive expense.

3. Reduced Sales Tax

Sales tax is another pricing factor that generally isn’t listed in that initial price tag, yet it can add thousands of dollars onto your costs. With the lower price point that comes from buying used cars, you won’t have to pay as much in taxes, allowing you to enjoy even greater savings.

 

If you’re trying to save money, used cars offer several distinct advantages — and these benefits become even more evident when shopping at La Costa Auto Sales in San Bernardino County, CA. With over 35 years in business, their great selection, generous trade-in offers, and helpful car financing options make it easy to find the right vehicle for you. To learn more about the current inventory at this car dealership, visit them online or call (909) 625-8797.

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