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Buying a car is an important investment, giving you greater control over your ability to get to work, run errands, or go out for a night on the town. But buying a new vehicle isn’t the right choice for everyone; buying a used car has several distinct advantages, so you can get a quality vehicle without breaking the bank.

Top 3 Benefits of Used Cars

1. Depreciation

Most of a car’s depreciation occurs in the first few years after it is manufactured. This means that even buying a car that is only two or three years old could help you save money. This also means that you, as an owner, will experience less depreciation during the time you own the vehicle. When the time comes to trade in your car for a new ride, you’ll get a better return on your initial investment.

2. Reduced Taxes & Fees

used carWith the lower price tag of a used car, you’ll also enjoy reduced taxes and fees, which many car buyers forget to plan for. Sales taxes and registration fees are often directly tied to a car’s value. Buying used could save you a few thousand dollars on these expenses alone.

3. Lower Insurance Rates

While factors such as the age and driving history of the owner play a big role in determining your insurance rates, the make and model of your vehicle will also affect your premium costs. Insurance rates are often reduced on used cars due to their lesser value. You can further lower your rates by buying a vehicle with strong reliability ratings.

 

If you’re looking for high-quality used cars, make Swant Graber Motors in Barron County, WI, your first stop. Serving area drivers since 1941, this car dealer offers a wide selection of new and used vehicles from top brands like Ford®, Dodge®, and Chevy®. To learn more about the current inventory available at this car dealership, visit them online or call (715) 537-5657. Follow them on Facebook to watch for their weekly Friday Giveaways!

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