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Are you thinking about buying a new car? Here are six advantages of buying a used vehicle instead of new dealerships. When it's time to get an alternative vehicle, a lot of choices come to mind. One of these options is whether to buy a new car or opt for a quality pre-owned vehicle. Both are great options but purchasing us auto sales lawrenceville ga has many benefits. These include savings upfront and lower insurance costs. In this article, we'll go over all the advantages of buying a used car to aid you in making your buying decision with all the details laid out. The benefits of purchasing a secondhand car There are a variety of advantages of purchasing an used vehicle instead of a new one. There are six good reasons you should choose a pre-owned dealership instead of buying a brand new one. Initial Cost While buying secondhand can be a savings, few secondhand items are as affordable like a used vehicle. The price for the new car increased by $47.332 in 2021. Even though 2021 will bring some of the most high-demanding years we've ever witnessed for used cars however, the median used car cost is still significantly lower, at $28,305. The lower price can mean upfront savings of $19,027 compared to the new car. This translates into lower monthly payments. You can choose to put your money into the bank, or upgrade to an older model that is more equipped and save. Depreciation Research has shown the average vehicle loses 20% of its value in just the first year, and certain vehicles, particularly those with luxury features -- tend to depreciate significantly faster. The average car worth $47,332 will only be worth $37,866 in 12 months. The average car loses 15-25% per year over the first five years following it's left the dealership. This is a loss in value that could reach 60% in five years. The value of the car to $18,933, a loss $28,399. There will be less depreciation when you purchase us auto sales lawrenceville ga when it's already taken the initial 20% loss. Whether you require a full report on used auto, look at this website. The worst part is that a used car that is one year old will lose 15-25% annually for the next four. After four years, the $28,305 used car will be worth $8,956 with a 25% value loss every year. This is a loss of $19 349, which equals $9,050 less than a new vehicle. This is especially beneficial when it's time to replace your vehicle because you'll save amount of money when you trade in your vehicle. Insurance Rates The cost of car insurance is another reason to think about purchasing a used car instead of the new one. A brand new car is of higher price when you purchase it and generally costs more to fix in the event of an accident. The higher cost to the insurance company result in higher insurance premiums for you. More Options You'll be able to find a wide range of choices, colors and trim levels as well as other options at any new dealership for cars. All of them are from one manufacturer, which drastically reduces the options you have. Used car dealers will offer a variety of make and model as well as body styles to test drive and pick from. Additionally, some dealerships might have specific models in various colors and trim levels. This is a fantastic alternative for those who aren't certain of what they want and wish to try out different cars in different classes prior to making a the final decision about the next car they want to buy. In-Depth Car History You'll have added security when you purchase a second-hand vehicle. This will tell you if there was an accident with an insurance claim or if the car was damaged by water. You can also receive an exhaustive list of maintenance performed by the previous owner, if they took their time. This is an additional guarantee that you're receiving an excellent pre-owned car. Cars Last Longer Than Ever In the past, 160,000 km was the minimum of the vehicle's lifespan that could be serviced. Modern manufacturing techniques and technology allow cars to last longer than ever. Industry experts claim that they're built to last for more than 400,000 kilometers, given you follow the manufacturer's routine maintenance schedule. That used vehicle with 40,000 miles on its odometer has had to go through 10% of its life span.

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