Perks of Buying Used Cars

Many drivers who are looking to upgrade their old vehicle have heard that it's better to purchase a new vehicle rather than something used. While there are some benefits to buying new, there are definitely many perks to getting behind the wheel of a pre-owned car, truck or SUV. Below you'll find a few of the perks that come with buying a used vehicle. Whether or not you choose to purchase used, we hope you find this information useful when it's time to decide.

AFFORDABILITY

We understand that affordability is an important factor for many people when it comes to buying a vehicle. Because a used car is typically much cheaper than when it's brand-new, your loan, down payment and monthly payments on the used vehicle are generally much lower. There's also the possibility of paying for the entirety of the used car all at once, which means you wouldn't need to worry about monthly payments at all. You may also be able to spend less on upgraded features or on a nicer model than what you had before.

LOWER INSURANCE RATES

Not only will you have lower (or zero) monthly payments, there's a possibility that protecting your vehicle will be more affordable. Insurance companies calculate their rates based on the value of your car. Since used cars typically cost less, so does the insurance on it.

SLOWER DEPRECIATION

Depreciation — when a car loses value — happens quickly to a new vehicle, typically within the first few years of ownership. This process is a constant one with cars, but it typically levels out more after those first few years. A pre-owned vehicle generally will already have gone through this steep decline in value before you purchase it. What does that mean for you? You'll pay a great deal less.

OPTIONS

When you choose to buy used, you're providing yourself with the gift of more options. Models are often discontinued in the automotive industry, but by buying used, this is less of an issue. You can find various trims or features that may not be available on newer models. Purchasing used is about having options — you won't be limited by a single model year's features.

Interested in purchasing a used vehicle? We have a large variety of makes and models for you to choose from, so come visit us at our dealership. You can find us at 1730 West Hillsboro Street, Suite A, El Dorado, AR 71730. We proudly serve customers near and from Magnolia, Smackover, Strong and Monticello!