Not everyone wants to rush into a dealership and purchase a brand-new car right off the lot. While buying a new car is a great way to keep up with the latest innovations, it’s not always the right option. Read on to discover five reasons why a user car can be a great purchase. We bet some of these will be at least a bit of a surprise.
1. Savings
First and foremost, savings is one of the best reasons to purchase a used car. It can help you ward off sticker shock, which can make you gasp when you see a sticker price for the first time in a few years. The good news is that you can save a lot of money when you purchase a used car. According to some sources like Experian, as much as $14,000.
2. Better Value
It might not feel like it, but sometimes you can get a better used car than a new car. We know this may sound confusing at first, but the base model of a brand-new car likely won’t be better than the fully loaded model from the year before. In fact, you can probably get more features in a used vehicle because the premium model will be more affordable. Plus, add-ons like sunroofs, roof racks, and premium audio don’t cost as much on used cars.
3. Cheaper Insurance
Many factors play into the cost of car insurance. Most people believe that age and the type of vehicle are the only factors that play into insurance prices. However, the value of the car is factored into the cost. Therefore, a used car can help you save money on car insurance. Lastly, special insurance options like Collector and Classic Car insurance.
4. Less Depreciation
We all know that cars depreciate over time, but did you know that cars tend to depreciate the most over the first few years? In fact, cars can lose 30-40% of their value throughout the first year. Thankfully, used cars tend to lose value at a much slower rate after three years, so if you plan on selling your car at some point in the future it’s a better investment to buy used.
5. Options
There are many new car options, and you can even customize new cars before they’re shipped to the dealership. However, you might have even more options if you want a used car. For example, you might be able to find wheel types, wheel sizes, exhaust types, colors, and trim levels that are only available on older models.
Learn More About Used Car Options at Jay Wolfe Auto Outlet
At Jay Wolfe Auto Outlet we only care about matching you to the perfect vehicle. Regardless of your budget, we carry plenty of new and used vehicles we know you’ll love. Come visit us to learn about our used car options.
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