If you’re in the market for a vehicle, purchasing used may be the most advantageous option—especially if you’re trying to save money. While you may not get to enjoy that new car smell, there are some significant financial and practical benefits to purchasing used. Here are a few smart reasons why you should buy a used car as your next vehicle.
You already know what we’re about to say: purchasing used can save you a ton of cash. It’s no secret that a vehicle’s value depreciates considerably as soon as you drive it off the lot. In just five years, most cars lose around 60 percent of their original value. As such, you can purchase a quality vehicle for as little as 3/10 of its initial cost by purchasing used. Depending on the model, that could mean saving over ten thousand dollars. If you ask us, savings that big are definitely worth sacrificing a few months of savoring that new car smell.
Another smart reason why you should buy a used car is that cars are lasting longer than ever before. Despite being older and a tad worn, pre-owned cars often have a lot of life left in them. While 100,000 miles used to mean the end of the road for most vehicles, many reliable models can now last far beyond that threshold. As such, you shouldn’t be deterred from buying a used car because you’re afraid it won’t last. You’ll likely get several years of use out of a pre-owned vehicle.
Used cars are often surrounded by the stigma that you never know what you’re going to get. However, thanks to vehicle history reports, you have access to comprehensive data on a used vehicle’s past—including any accidents the vehicle has been in or damage it sustained. As such, you’ll know exactly what you’re getting before signing on the dotted line.
In fact, you’ll actually have access to more data about a used vehicle than you would a brand-new model. When researching an older model, there is extensive information available regarding the vehicle’s reliability, performance, and problems that have arisen based on the reports of previous owners. Because new models often include redesigned engines, transmission, or electronics, you never really know how they are going to perform until you try them for yourself. Sounds a bit risky to us.
If you’re interested in taking advantage of the many benefits of purchasing a used car, shop AE of Miami’s extensive collection of used and repairable vehicles. Our inventory includes a range of well-priced vehicles such as cars, SUVs, motorcycles, and repairable trucks for sale. In addition to exceptional prices, we also provide full transparency by clearly displaying the damage type and condition of all of our listings, so you know exactly what you’re getting. For more information regarding our products, contact us today.