We spend a lot of time talking about how great new cars are. They’ve got cutting edge features, fresh designs, and most of all that new car smell. But if those details aren’t important to you, why aren’t you looking to buy a used car instead?
When you buy used from a reputable dealer, you’re getting a car that’s in great condition, that’s still rich in features, and that has options for a Certified warranty. Keep reading for further explanation.
Why a Used Car Might Be Right for You
Get More Car for Your Money
The value of new cars depreciates fast — so fast that most new vehicles lose 50% of their value within just three years. When you shop for used cars, you’ll find a variety of vehicles with all the features you want that could cost you twice as much if you opted for a new ride.
For instance, with a given budget you may only be able to afford the base trim of a certain new model. But with a used car, you can get the top trim from a previous model year for the same price. That means you can get premium features for a fraction of the cost.
Keep Your Peace of Mind
People might shy away from used cars because they don’t always come with a warranty. However, most carmakers offer a certified pre-owned (CPO) program, like the Volkswagen CPO program.
CPO deals vary from manufacturer to manufacturer, but most offer a warranty that covers the vehicle for a certain length of time or for a specific number of miles. The Volkswagen CPO program includes:
- CARFAX® Vehicle History Report™
- 24-Hour Roadside Assistance
- 100+ point dealer inspection
- 3-month SiriusXM® All-Access Trial Subscription (on select models)
All of that comes in addition to model-specific limited warranty coverage.
Reduce Your Insurance Costs
If you’ve ever bought a new car, you’ve likely had to deal with a jump in the cost of your auto insurance. That’s because your insurer takes the value of your car into account when determining cost.
Since a used car has a lower value than a new vehicle, the cost of insurance may also be lower.