What are the Advantages of Buying Used?
For some car shoppers, a used car may be the best option – and there are a lot of advantages. Here are just a few of the reasons to choose used over new!
1. Used Cars Cost Less
When comparing apples to apples, buying used comes with a smaller price tag. So, that sports car you’ve had your eye on might be closer than you think if it has a few miles on it already. Speaking of which…
2. Mitigate Depreciation
It’s a well-known fact that new cars start to lose value the moment you drive them off the lot. Some models can lose as much as 40% of their value within the first year alone! When you go used, your vehicle’s depreciation rate is much slower and you can be confident that your car will retain more value relative to price.
3. Lower insurance rates
Another way that used cars save you money, aside from the initial sticker price, is in insurance costs. Used cars cost less, therefore insurance rates are usually less as well.
4. You can still get a great warranty
Many used cars may still have the factory warranty included. If a used car was traded in after only 3 years and the factory warranty is 5 years, guess what? Depending on mileage, you still have up to 2 years of warranty coverage!
5. Avoid “Additional Costs”
With new cars, dealers have to pay for the shipment of their new inventory and this adds an additional charge on top of the sticker price of the car – up to a few hundred bucks. With used cars, there are no shipping costs, so you won’t have to worry about getting “surprise” charges.
Also, many used cars come with options like roof racks, rust-proof coatings, pinstripes that increase the vehicles sticker price. However, these “extras” don’t effect the price of a used car nearly as much as they do with new vehicles.
Sure, you can’t pick-and-choose your options and trim levels like you can with new cars, but if you’ve been looking for a style or model that’s no longer in production, then used is your best option.
Are you in need of a used car? Come contact us today.
These are just a few tips to keep in mind when looking at a used car. At INFINITI of Clarendon Hills, we stand behind every used car we sell. All our risk-free used cars and certified pre-owned vehicles undergo a rigorous 136-point inspection to ensure quality. Happy car shopping!
Give us the chance to answer all of your questions about buying a used car today. We look forward to seeing you soon.