Are you thinking about buying a new car? Here are the advantages of purchasing a used car instead of going to an auto dealer.

If it's time to purchase a replacement vehicle, many options come to mind. There are two options: get an entirely new car or buy a pre-owned quality car. Both are excellent choices however, buying us auto sales lawrenceville ga provides many benefits. They include upfront savings and lower insurance costs.

Below, we'll cover all the advantages of buying an older car to aid you in making your buying decision with all the details laid out.

Benefits of buying a used car

A pre-owned vehicle is more preferable to a new one for many reasons. Here are six great advantages of visiting a pre-owned dealership instead of a new car dealership.

Costs upfront

While buying secondhand can be a saving, very few secondhand products are as affordable as a pre-owned vehicle. The cost of an all-new car increased by $47.332 in 2021.

Even though 2021 will see the most demand for used cars ever, the average price of a used vehicle is $28,305. The lower price can mean upfront savings of $19,027 compared to the new car. This will translate into lower monthly costs.

There are two options available: save your money in the bank or purchase an older model that is more equipped and save.

Depreciation

Research has shown that the average car loses 20% of its value in the first year. Some vehicles, especially luxury cars, tend to appreciate much faster. The typical car valued at $47,332 will only be worth $37,866 in 12 months.

The average car loses 15-25% annually for the first 5 years following it's left the dealership. This is a loss of value that can reach 60% within five years. The new car's worth down to $18,933, or a loss of $28,399.

If you purchase us auto sales lawrenceville ga, it's already taken the initial 20% which means you'll have less appreciation after leaving the showroom. Whenever you wish for a full article on used auto, navigate to this website.

Worst of all, the used car that's one year old is losing 15-25% annually for the next four years. After four years, that $28,305 used car will be worth $8,956, assuming a 25% value loss every year. This is a loss of $19 349 which is $9,050 less than a new vehicle.

This is particularly helpful in the event that you have to replace your vehicle. You'll have the option to trade for a lesser.

Rates for insurance

The insurance premium for your car is yet another reason to consider buying a pre-owned car over a new car. A brand new vehicle costs more to purchase and may be more difficult to repair if involved in an accident. This means you'll be paying more for car insurance due to the fact that the insurance company has to take on higher expenses.

More Options

Visit any dealership selling new cars and you'll see an array of colors, trim levels, and options for any given new model. They're all of the same brand, which dramatically scales down the options you have.

Used car dealers can offer a variety of make, model, and body styles for you to test drive and choose from. Certain dealerships may have specific models in different colours and trims.

This is an excellent option for buyers who aren't certain of what they'd like and want to try out different cars of different classes before making an informed decision on the next car they want to buy.


In-Depth Car Histories

A pre-owned car can give you additional security and peace of mind. This will tell you if the previous owner was in an accident that involved the filing of an insurance claim, if the automotive was in flood or damaged, and many more.

In addition, if the previous owner was thorough when it came to their maintenance, you may even get an inventory of the work that was done. This can be an added assurance that you're getting a quality pre-owned vehicle.

Vehicles Last Longer Than Ever

In the past, 160,000 miles was the mark a vehicle had reached the limit of its lifespan of serviceability. Modern manufacturing methods and technologies ensure that cars last longer than ever. Industry experts claim that they will last up to 400,000 kilometers if you follow the maintenance schedule provided by the manufacturer.

The car with an odometer of 40,000 miles is just 10% of its expected lifespan.