Benefits Of Buying A Used Car That No One Talks About!
The demand for used cars in the US seems to be increasing with every passing year, and for good reasons. According to a report, in 2018, 40.42 million used automobiles were sold, compared to 17.21 million new vehicles. For the past decade, similar used and new car statistics have been released annually. In 2017, for example, 17.14 million new automobiles and 39.2 million used cars were sold.
If you buy yourself a brand-new car, the benefits aren’t hard to see. You will be getting a quality vehicle that has never been driven and should last you for years to come… but there are some downsides as well.
Let’s talk about them in this blog post by DCH Montclair Acura, and help you see the benefits of buying a used car.
The Price of a New Car Depreciates Immediately
First and foremost, if you own a brand new vehicle, it has a lot of value, but it can also go down in price as soon as you drive it off the lot. That means that your brand new car will start depreciating immediately.
This may not seem like a big deal to some people, but if you are someone who takes pride in being financially responsible, then having all of your hard work essentially go down the drain may be frustrating for you.
You Save Money
One of the biggest reasons people buy used rather than new is because they want to save money – even though this comes at the cost of having fewer features on their vehicle or not being able to customize it in any way, shape, or form.
A used car in good condition usually costs a fraction of the price, even if it’s only a year old. So, buying used is a great way to save money on your next car purchase for people who aren’t infatuated with having the newest vehicle.
Easier to Resell Without Losing Any Money
Used cars are typically easier to resell without any big losses. Since this is such a massive concern for most people when they buy their first car (at least here in America), it’s nice knowing that you won’t lose your investment if you ever decide you want to change up your ride.
Even though there are plenty of great reasons why new cars are great, we can all agree that you need to be mentally prepared to lose a lot of money when you buy a brand new car – almost immediately!
If you’re planning to change your car, DCH Montclair Acura serving Newark, NJ, has a wide range of used cars in stock that are just waiting to be taken home.
Contact us now if you have any questions about our inventory of used cars.