Buying a new car can be an exciting yet expensive experience, and it can be difficult to decide whether the cost of purchasing a new vehicle is worth the investment or not. If you have your eye on used cars in Hesperia and would like to know more about why purchasing used cars can be just as beneficial as buying new cars, this article will provide you with the information you need to make an informed decision. Here are five benefits of buying used cars in Hesperia that you may want to consider before making your purchase.
1) Why are they cheaper?
The biggest reason that used cars are cheaper than new cars is that depreciation hits new cars the minute they’re driven off the lot. A new car can lose as much as 20% of its value in the first year. That means a $30,000 new car is only worth $24,000 after one year. A used car, on the other hand, has already taken its biggest hit in terms of depreciation. For this reason, it’s a smart idea to buy used rather than new because you’ll be getting more for your money.
2) What do you miss out on?
Used cars are cheaper than new cars. You can save a lot of money by buying a used car instead of a new one.
Used cars have already been broken in. You don’t have to worry about the car’s reliability or durability because it has already been proven.
Used cars come with fewer repairs and maintenance costs. Because they are already broken in, you won’t have to worry about unexpected repair bills.
Used cars come with lower insurance rates. Insurance companies offer lower rates for used cars because they are not as expensive to replace as new cars.
Used cars may come with warranties or service contracts.
3) Do I need an extended warranty?
An extended warranty is an insurance policy on your vehicle and it acts as a safeguard against expensive, unforeseen repairs. Do you need an extended warranty? It depends on a few factors. What type of car do you drive? What are the circumstances that led to purchasing the car? How old is the car (year)? Extended warranties can cost between $1,000-$2,000 so be sure to consider what is best for your situation before making a decision.
4) Should I buy one with high mileage?
Used cars are often more affordable than new cars.
You can avoid the initial depreciation that new cars experience as soon as they’re driven off the lot.
Used cars may have lower insurance rates than new cars.
You have a wider selection of vehicles to choose from when you shop for used cars.
You can find out more about a car’s history when you buy used.
5) Are certain makes better than others?
There are many benefits to buying a used car, especially from a dealership like ours. For one, you can avoid the depreciation that occurs when you drive a new car off the lot. Plus, used cars are often more affordable than their newer counterparts. And, with careful research and inspection, you can find a used car that’s just as reliable as a new one. With plenty of inventory on our lot, we’ll help you find the perfect fit for your needs. To learn more about our selection or to speak with an expert about financing options for your next vehicle purchase, stop by today!