Buying a used car often provides more value to the purchaser than buying something brand new. We all like the idea of driving something shiny and new, but the reality is new cars depreciate too much almost immediately and their true value is yet to be determined.
Used cars have been vetted by their previous owners, broken in, and proven to last. Take a look at these reasons why buying a used car just may be your best bet.
1. They’re cheaper
Used cars are a whole lot less expensive than new cars. Sure, that’s because they’re older, but it’s also because they depreciated almost immediately after leaving the lot. A car may lose 20% of its value in the first month. Why pay for it yourself? Let someone else take that financial hit for you.
If the used car has been taken care of, and you continue to do so, you’ll enjoy a car that retains its value well. When it’s your turn to sell it, you will have gotten great value out of it, plus you’ll end up getting a lot of your money back.
When you buy a used car, you ditch the fees that come along with a new car as well. Stocking fees, shipping fees, advertising fees, and destination charges all magically disappear. What you’re left with is the cost of the car you want, without all of that extra stuff.
2. Registration and insurance is cheaper
Not only will you save money on the cost of the car, but your registration fees and insurance premiums will be significantly cheaper for an older car. Even on cars that are 3-5 years old, your registration and insurance drops dramatically.
3. More variety
If you’ve ever taken a look at the pool of cars from which to choose, you’ll immediately notice that there are a whole lot more used cars than new cars. You can search virtually any make or model ever made instead of sticking to the latest model year.
Your options instantly expand to include a wide range of technology and features that meet your exact specifications. You’ll pay less for the exact car you want, rather than paying extra for features you don’t want or need.
4. Cars are durable
Take a look around you. Cars are lasting longer and longer these days, so buying used shouldn’t scare you. Most used cars still have a lot of life left in them. You can forget high mileage, too, because it doesn’t mean what it used to. If the used cars in Sacramento has been taken care of, and you continue to do so, you’ll enjoy a car that retains its value well.
Cars with high mileage tend to keep running rather than break down, because when you drive a car like it’s meant to be driven and maintain it like you should, it gets lubricated and continues to perform optimally.
Not mentioned on our list are the lower sales taxes you’ll pay for a used car and the peace of mind that comes from buying something you can afford that’s still as good as new. Buy from a reputable used car dealer that thoroughly inspects their vehicles, and you can buy with confidence that you’re getting the best value for your money.