One of the biggest decisions you’ll face when shopping for a vehicle is deciding whether to buy new or used and the right choice for you will depend largely upon your wants, needs and budget. Here we will look at some of the many reasons why buying a used vehicle is often the smartest way to go.
1.Lower sale price
If you’d rather not pay an arm and a leg for your next vehicle buying used is a savvy move, because you’ll find a huge range of high quality options at a fraction of the cost of something new. Not only will this mean you can afford your next ride sooner, but you are more likely to have money left over for essentials extras, such as gas, registration, insurance, or even an emergency road kit.
Want a car, truck or SUV that doesn’t look like every other ride on the road? If so, take a good long look at the used vehicle market, as you’ll find a far greater range of colours, styles, makes, and models, many of which are no longer available new. Some used vehicles are even equipped with custom features and functions, which means that your next vehicle could well be totally unique.
3.Proven track record
While most new vehicles promise high level performance it can be hard to know which ones will actually deliver, leaving you faced with the prospect of making an educated guess at best. Buying a used vehicle, on the other hand, takes the guesswork out of the equation; after all, you’ll have a clear track record of how well the vehicle has performed so far via its repair and maintenance records.
4.No depreciation hit
The second you drive any new vehicle off the lot it falls in price dramatically, sometimes by many thousands of dollars, which means that if you ever decide to sell it one day you will likely lose a significant amount of money. When buying used, someone else has already taken that depreciation hit for you; therefore, your vehicle will hold onto its initial sale value for a whole lot longer, making it a far better investment.
5.Save on insurance
One of the biggest costs related to owning any vehicle – aside from the sale price itself – is the cost of insuring it, and new vehicles will almost always cost considerably more to insure than those that are used. So if you’d like to keep your cost of ownership down, not to mention take some pressure off your monthly budget, investing in a used vehicle is a fantastic way to do so.
Finding a quality used vehicle is easy here at Bargain Auto Centre, because not only do we offer one of Canada’s best selections of great value vehicles, but our team of skilled and knowledgeable experts are always happy to help you narrow down your options. Just give us a call, get in touch online, or drop by and see us in person.