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Before Splurging On A New Vehicle: 6 Reasons to Consider Used Cars

October 10, 2020 by BPM Team

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We are all faced with this question at some point in our life. Whether it be you who must make the decision or someone else asking for your advice. Whether to buy a new car or just go for a good used car instead? While finances typically play the big decision maker in most cases buying used has its share of benefits too. You should get in touch with vehiclereport.me for a quick summary of all the important details of the car that you are considering to buy. Not to mention that if you want to furnish your car, you can simply check out Simply car mats.

Additionally, it is important to have regular check-ups to ensure that your car is running at its best and to prevent any major issues from arising. For example, the experienced technicians at Border City Autos offer MOT Carlisle and can provide you with an expert opinion on the condition of your car and any necessary repairs.

Audi S3 (8V) in blue in the parking lot of used cars.

And many times, it just makes more sense to buy a used, especially if it’s a certified pre-owned vehicle. Here are 6 solid points on why a used car, especially when certified may be the best choice for you.

Great Investment Deal

A new car loses close to 50% of its value within the first 3 years of you taking it off the lot. There are however a few cars that can hold their value pretty good, but the list isn’t a long one. I can almost guarantee the car you are looking for probably isn’t one of them. When you buy used the first 3 hard years of depreciation, don’t touch you. Instead, you get the car to a point where the depreciation is steady.

Certified Pre-Owned That’s All I have to Say

There are two kinds of certifications; manufacturer and dealer-certified pre-owned cars are amazing. Used cars with warranty can offer you peace of mind and usually come with other perks as well. Both certifications must pass specific points of inspection before being labeled a certified pre-owned used car.

While a manufacturer’s certification is way better than a dealer’s, you can’t go wrong with either one. Always look for a certified pre-owned used car when shopping for used cars if possible.

You Can Save on Insurance

It’s just a plain and simple fact the more your car is worth, the higher your insurance rates. Yes, new cars come with new technology features that boast better safety and may get you certain discounts. But when compared to the significantly lower price, you will pay to insure a used car, the savings are minimal. Chances are, if you opted for a certified used car, you’ll probably qualify for some of those safety discounts anyway.

Vehicle Manufacturers Are Making Cars That Last

With dealers offering certified pre-owned used cars with warranties comes the assurance of your used vehicle’s longevity. Manufacturers continue to impress with safer more durable models every year making the lifespan of a car much longer. So, if this was a worry you had about opted for a used car over a new one you can finally put it to bed.

Way More Bang for Your Buck

Now, this is the one-time depreciation that will be on your side. Buying a used car could save you a ton of money compared to buying a new one. For example, when you buy used a car can come fully loaded but you pay as if it were stock. When buying new those same upgrades will cost extra money that you may not want to spend.

The Options Are Endless

Used cars in el cajon hold way more options when it comes to models you can choose from. New cars only put out a few hundred every year. A lot of them are discontinued and end up becoming used cars for sale at some point. You may be looking for a car like the one you remember from your childhood. Something that may be impossible to do so amongst the current new makes and models available. But not at all if you shop used. Simply put the options you get when opting for a used car are huge.

You may also like: Auto Industry Insider: Top 10 Most Influential Cars of the Decade

Image source: Shutterstock.com

Filed Under: Finance Tagged With: investment, Saving money, Vehicles

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