How Buy Here Pay Here Dealerships Can Find the Right Used Car For You
So you're ready to buy a car, but the looming question remains - new or used? There are pros and cons for each avenue, but when it comes down to it, buying a used car is far more practical and outweighs the benefits of buying a new car. A new car may be more technically advanced and have a longer lifespan, but all of this can be true for used cars, too!
A car is one of the most expensive purchases you can make, so it's important to consider every factor before you make a decision. Especially when it comes to finances, buying used or new can make a huge difference. There are some sure-fire pros to buying a used car, and we've compiled them here for you.
Buying a Used Car Avoids Depreciation
New cars depreciate in value incredibly fast. From the moment you drive a new car off the lot, it starts losing value. Some cars can lose up to 40% of their value in the first year of driving! When you buy a used car, it typically has depreciated already. Buying used is a smarter financial choice, as you can drive without worrying about the depreciation.
You Have More Options When You Buy a Used Car
The used car market is massive - you'll never run out of cars to test drive! Many people see the benefits in buying a new car, as you can customize almost every part of the vehicle. However, with the robust inventories on used car lots, you're likely to find everything you're looking for without paying the huge price tag on a new car.
An added bonus to visiting a used car dealership near you is that you can find unique features, like roof racks, unique finishes, and other upgrades on a used car, so you don't have to pay separately for these extras. This is not only a great way to find a unique car for you, but it also saves you the hassle of ordering special parts or upgrades for a new car.
Insurance Costs Can Be Lower When You Buy a Used Car
Your car's value is one of the main factors when an insurance company is determining your rate. A newer car is likely to have a much higher rate, as the price of a new car is higher. This is a bigger risk to insurance companies, so they make your rates higher in case they have to eventually pay for an incident. When you buy a used car, you can expect a lower insurance rate, which will save you a lot of money in the long run.
Financing Is Easier When You Buy a Used Car
A used car is almost always cheaper than a new car, already solidifying it as a more practical option. However, there are even more financial benefits to buying a used car. New cars are expensive and not in everyone's budget. Even if you can afford a new car, the financing process can be far more complicated and some may not even qualify for an auto loan. Used car lots often have affordable options for people of every budget, especially buy here pay here dealerships.
These particular used car dealerships near you not only have some of the most affordable cars on the market, but they also provide in-house financing that makes buying a used car easier than ever. Instead of financing a loan through a bank or credit union, where they make hard inquiries to your credit report, buy here pay here dealerships can help you find the right used car for you, finance it for you without a credit check, and have you driving off the lot in just an hour!
Used Cars Are Just as Reliable
Particularly when it comes to used cars, there is more information and experience to back up the lifetime of the car. Buying a new car can often be a gamble - you don't always know the quirks or flaws that might show up over time.
With used cars, there is tons of information available on recalls, changes, and the most reliable models. Plus, when you visit a used car dealership near you, your sales team will have extensive knowledge on the cars they sell and can offer a vehicle history report that shows its maintenance or accident history, number of owners, and more.
Learn More When You Buy a Used Car at Your Local Buy Here Pay Here Dealership
Although it can be tempting to buy a new car, the positives of buying a used car can't be overstated. To explore your used car options, find the best buy here pay here dealership near you! Explore their inventory, test drive vehicles, and finance your used car all in one place. You won't be able to find an easier experience!
