os Of Buying Used Cars Versus New Cars

A new car model has caught your attention. The ads on television entice you into a dealership to have that new automobile. Sure, it has all the whistles and bells, plus that amazing financing option. However, do you have other choices? Of course, you can check the used cars now!

Indeed, there are various reasons why you should switch from buying used cars. It can help you save money and have the same satisfaction as new cars. Moreover, they can provide comfortable transportation for the years to come.

Here are some more reasons why used cars are a must-buy now:

Gluteus stretching on the car boot
Gluteus stretching on the car boot

It Can Save You Money

In general, the prices of used cars are 50% lower than new cars. With used cars, you can pay it off faster, which saves you on financing fees. According to studies, consumers change their cars every six years after purchase. If you paid $10,000 for a used car versus $20,000 for a new one, you could buy for an awesome car on your next purchase. You can buy another used car at $10,000, which will give you two cars at the price of one new car. Check the corwin used cars now and buy an affordable car for you!

Depreciation Has Occurred

Consumers are complaining about how quickly a car can depreciate as soon as they start using it. The value of cars can drop at 10-15% on your drive home. It means that your $20,000 new car will now worth $17,800 as soon as it leaves the lot.

The value of the car will still depreciate as days, weeks, months, and years passed by. However, with used vehicles, depreciation has already occurred. As a matter of fact, there are used vehicles that will even gain value.

No Excessive Fees

New car deals might look amazing at first. However, there are many new vehicles with crazy or hidden fees, like destination fees, shipping charges, and dealer preparation. There are other car prices with hidden advertising fees, which can be as high as $1,500.

Meanwhile, used cars have no hidden excessive charges. However, you can be sometimes charged with a doc fee, which can be a few hundred dollars only.

Customization Costs are Lower

When buying used cars, you don’t have to settle with an expensive dealership. You can install your own at a lower price versus on a new vehicle. Indeed, this is a great way to spend the savings that you have as you buy the used car.

Inspected Thoroughly and It’s Certified

If you wish to have thoroughly inspected and quality used cars at a bargain, then you can check the Certified Pre-Owned Vehicles now. These cars have been refurbished, inspected, and certified by the authorities or manufacturers assuring that it’s high-quality. Oftentimes, the certified pre-owned vehicles have an extended warranty plus special financing. Meanwhile, for new cars, they just simply hold the assurance that they are brand new.

Warranties

There are used cars that still have their original warranty. Meanwhile, in other used cars, you can have the option to make a new warranty. With the used cars extended warranty, the technicians can repair your car using high-quality parts. These factory trained technicians are able to provide speedy service.

Moreover, you can use the portion of your savings to avoid buying new cars and have a warranty that has the ability to cover everything until 100,000 miles and above.

Lower Premium on Insurance

If you met an accident with your new car, the insurance company would pay for the value of the car at that time. This will leave a gap between the purchase price and what the car is worth. This is where the gap insurance comes in the picture.

Gap insurance will pay for the difference between what you paid for the new car and the depreciated value. However, this will raise the insurance premium.

On the other hand, gap insurance is not necessary with a used car since depreciation has already occurred.

Good for the Environment

During the car’s life cycle, a quarter of the carbon dioxide produced occurs during the initial shipment and manufacturing. Thus, buying used vehicles will reduce the carbon dioxide output in the environment. Moreover, used cars can bring less impact to the environment versus new and hybrid vehicles. Cars that use lead-nickel, lithium-ion, or nickel metal hydride can have a larger impact on the environment versus used cars. This is because they leave toxic substances on the batteries.

Lower Yearly Registration Fees

In some states, the rate of the yearly registration fees is based on the value of the car plus its model year. In the first three years, the rate is higher. Then, it decreases in the next five years. Meanwhile, if you buy used cars, you can save a thousand dollars by avoiding the registration fees if you buy cars which are at least 3 years old.

Variety

When you decide to buy used cars, you have thousands of models, makes, and years to choose from. This is a big help if you like the design of an older feature or model that is no longer available in the market.

Moreover, most new cars offer several advanced technology components and features that you might find unnecessary today. On the other hand, older models offer simple features that can still provide convenience, rider comfort, and entertainment to the passengers.

Fortunately, you can find a great selection of used cars in apex today. You can check the available used cars and schedule for a test drive as soon as possible.

Total Confidence Pricing on the Used Cars

When you visit the Apex Imports today, take note that the Total Confidence Pricing will apply to used vehicles too. TCP is where they use the AutoTrader, TrueCar, and KBB to gauge the market price of the car accurately and have a great and low market price. This applies to each used cars at Apex Imports. As such, you can leave the dealership with great confidence that you can have a great deal on the used car that you want!

Facebook Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

0 Shares
Share
Tweet
Pin