When shopping for a vehicle, there are two options: a new or used car. There are reasons why some people choose used cars over new ones. Our team at Trevor Merren Auto has prepared the advantages of buying a used car.
Vehicles depreciate at a faster rate when new. As they age, the depreciation rate reduces. This means if you were to buy a used car and sell it after a short time, you would lose less money than a person who resells a vehicle they purchased while new.
You will also incur lesser insurance costs when you buy a used car. You may not find hidden fees while buying a used car. On the contrary, buying a new car may come with extra charges, such as shipping costs. If you have been eyeing a luxury vehicle, this year’s model may not be within your budget, but you can easily afford a model that was produced a few years back.