Slower Depreciation

Did you know that a new vehicle takes the biggest hit to its value the moment that it rolls off the lot? New cars depreciate the fastest the second they drive off the lot, and they continue to depreciate quickly during the first year of ownership. That means that when you buy a used car, it has already endured the biggest hits to its value. What does that mean for you? When you purchase a used vehicle, you can take advantage of the lower price and the slower rate of depreciation, allowing you to spend less on a vehicle that has a firmer hold on its value.

Lower Prices

Used vehicles are typically less expensive than new ones, which means that buying used is a fantastic option if you are looking for a more budget-friendly choice than buying a brand-new car. Since used cars tend to cost less, you also have the opportunity to get more car for your money. You can get a better-equipped vehicle for less, allowing you to get more of the bells and whistles that you want. In other words, features that might have seemed out of reach on a new car could be well within the realm of your budget when you buy used.