Perks to Buying Used Cars
Are you on the hunt for a car that meets all of your needs? The initial question that comes to buyer’s minds is whether to buy new or used. Budget isn’t the only factor that comes into play when making this decision. While there are many benefits to both options, buying used has several advantages that make sense for many people.
At Bob Richards® Chrysler Dodge Jeep Ram, we want to make sure that our customers have all of the information they need to make an informed decision about their next vehicle. Keep reading to see if buying used might the right choice for you.
The leading benefit of buying used is the affordability that used cars can provide. Since they’ve already gone through their depreciation process, they gravitate toward the more economical side of the spectrum versus a new car. Plus, used cars can sometimes be paid for at one time, rather than getting into financing.
Lower Insurance Rates
Lower monthly payments aren’t the only benefit. You’ll also find that protecting your used vehicle will be much more affordable. Insurance rates are determined according to how much your vehicle is worth, and since used cars are generally less expensive, so is their insurance.
A new car loses a considerable percentage of its value within the first few years of ownership. While depreciation is a constant process with cars, it tends to level out more after those years. A used car will likely have already gone through this sharp decline in value by the time you buy it, which means you pay considerably less.
Models get discontinued fairly often, sometimes even ones that we love. When you buy used, that becomes much less of a problem. Additionally, you can find cars with various trims or features that may no longer be available on those models. Buying used is all about options, because you aren’t limited by the features and trims of a single year.
Interested in purchasing a used vehicle? We’ve got a large variety for you to choose from, so come visit Bob Richards® Chrysler Dodge Jeep Ram at 1666 Jefferson Davis Highway, Graniteville, SC 29829. As always, we look forward to serving customers from Aiken and Augusta.