Why Buying A used car is Better !dia in 2022 || Real Facts
Channel: BiteSized Movies
Date: 10/08/2022

Why Buying A used car is Better !dia in 2022 || Real Facts

8 ADVANTAGES OF BUYING A USED CAR - MAKE YOUR DECISION BULLETPROOF!

For many car shoppers, a certified pre-owned vehicle from Koons Mazda of Silver Spring represents the best of both worlds. The advantages of buying a used car or a  CPO are numerous, here are just a few:

1.   THEY COST LESS
You already know this. Used cars are exponentially more affordable than buying a new vehicle. So if you’re looking to save a few thousand, search your preferred model for a few years back.

2.  LESS DEPRECIATION MEANS A BETTER INVESTMENT
Every new car loses value as soon as you drive it off the lot. What most people don’t know is that new cars continue to lose value at a high clip for the entire first year of life, sometimes as much as 40%. A used car depreciated at a much slower rate after that first year plateau, so you could argue that a used car is a much better investment than a new one.

3.  LOWER INSURANCE RATES
Another lesser known fact is that car insurance costs less per month for a used car, than a new car. So the savings of buying a used car is evident on a monthly basis in the form of the monthly premium in addition to the sticker price.

4.  Many Used Cars Include a Warranty

One of the most common questions about buying a used car is about warranty.  Many used cars are still under factory warranty.  Most people who lease a car, turn it back in after three years, and still have 2 years left on its 5 year warranty. Certified Pre-Owned Vehicles and most used cars have gone through a rigorous inspection and will come with an extended warranty by the time you see them on the lot.

5.  AVOID HIDDEN FEES
Used cars  won’t saddle you with hidden costs that can come with buying new cars, like shipping fees. These costs, which can be a few hundred dollars are added to the overall sticker price of a new car.

6.  OPTIONS
Options like roof racks, rust-proof coatings, and sun roofs do not affect the sticker price on a used car as much as the same options would cost coming on a new vehicle.

7.   SELECTION
While you can’t pick and choose color, options and trim on a used car, like you would on a new vehicle.  You are able to shop the different years of a model you prefer, and you have the opportunity to get a model or style that is no longer in production.

8.  TOTAL CONFIDENCE PRICING INCLUDED USED CARS
When you visit Koons Mazda of Silver Spring, remember that Total Confidence Pricing applies to used cars as well.  TCP is where we use TrueCar, AutoTrader and KBB to accurate gauge the market price of the car and set a great, low market price.  That applies to every used car at Koons Mazda of Silver Spring.  So you can leave our dealership with confidence that you got a great deal on a used car you love.

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