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When you need to purchase a vehicle, you might wonder whether you should choose a new or used model. Though new automobiles can have exciting, cutting-edge features, certified pre-owned cars and trucks provide a wide variety of practical advantages. Below, you’ll learn more about why used vehicles are often the better investment. 

4 Advantages of Buying Used Cars

1. Reduced Fees

Registering a new car or truck costs more than a used one. They also have dealer preparation, advertising, destination, and shipping fees that can inflate your bill more than necessary. Buying a certified pre-owned automobile costs less up-front because of their reduced registration and no hidden fees.

2. Original Warranty 

carsUsed cars and trucks often have valid warranties from their original manufacturers. This is convenient if the car is rare or collectible, as it prevents you from paying higher amounts for replacement parts that may be difficult to find. The warranty may also cover a portion of repair fees. 

3. Less Value Loss

Whereas new cars and trucks lose up to half of their original value within the first year of driving them, used vehicles have undergone the bulk of their depreciation by the time of purchase. If you ever want to resell a pre-owned vehicle, you’ll receive back a majority of what you originally paid.

4. Manageable Payments

Certified pre-owned vehicles are usually thousands of dollars cheaper than their newer counterparts and require a less significant down payment. As a result, your monthly installments will be manageable, and you won’t have to worry about collecting too much interest on your loan. 

 

The next time you’re in the market for a used automobile, get in touch with Hollywood Motor Co. This dealership provides certified pre-owned cars, trucks, vans, and SUVs to customers throughout Breckenridge Hills, MO. Call this dealership at (314) 423-0033 to ask about models in stock or visit their website to browse their inventory or apply for flexible financing. 

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