When it comes time to buy a vehicle, it can often be confusing knowing whether to buy a used or new vehicle. If you’re looking to get the most for your money and know exactly what you are getting, buying a used vehicle is the way to go.
1. Save money
Buying a used vehicle can save you money because there are fewer fees than purchasing a new vehicle. You are also able to afford a mid-level or top-level model of a vehicle as opposed to the base model of a new vehicle.
2. Minimize depreciation
Consumer Reports show that a new vehicle will be worth just 54% of what you paid for it after three years. Once a new vehicle is driven off the lot, it begins depreciating. Buying a used vehicle means you save money by getting the same vehicle without the ticket price.
3. Reduce Insurance Costs
Insurance rates are usually determined by the value of a vehicle. This means that because a used vehicle has already depreciated, an insurance company would have less to pay in the case of damage. What does this mean for the owner of the vehicle? Lower insurance rates.
4. Fewer registration fees
In many states, it is cheaper to register a used vehicle than it is to register a new one. Registration fees are usually based on the age or value of the vehicle.
5. Vehicle History and safety
With today’s technology and advancements, there are many ways to ensure the safety and reliability of a used vehicle. Most used vehicles will come with a list of maintenance history, previous owners, and a crash report. Buying a used vehicle also allows you to receive more information about safety features because the vehicle has been tested before.
Sunset Auto Sales can help find you the best vehicle for your needs and lifestyle in your ideal budget. Whether you have your mind made up on a specific vehicle or are unsure of the best-suited vehicle for your needs, Sunset Auto Sales can help. Browse our inventory online and call us today at 844-296-7762 for more information or to schedule a test drive.