5 Surprise Benefits of Buying A Pre-Owned Car
Purchases such as buying furniture, homes, even vacations, have very little wiggle room when it comes to negotiating the price. The price is the price!
That's not the case when buying a pre-owned car. Not only is a used car a great investment because you save more money, the consumer usually has negotiating power.
But did you know that there are five more surprise benefits to buying a pre-owned car?
Lower depreciation, Lower Price Tag-It's no secret that a new car loses its value the minute it's driven off the lot. The reason is simple. Once the vehicle is purchased, it's now considered to be used.
A buyer will not pay full price for a vehicle that has been titled to someone else. A pre-owned car, on the other hand, has already lost its new car value through depreciation.
Think about it. If you bought a new car in 2008 for $25,000, it would now be worth about half that. Or, if you buy a car that's 1-2 years old, it will still have some depreciation, but you'll lose money less quickly.
Either way, you won't take the big money hit that the original owner did.
Cheaper Maintenance Costs-With pre-owned cars, it's much more likely that it will be cheaper to fix than a newer car. Used car components are usually very available on the after market, making it easy for your mechanic to get parts without a problem. Newer model cars don't have this availability.
Declining Registration Fees-For pre-owned vehicles, the annual registration fee declines because it's based on the model year and the car's value. The rate is generally highest during the first three years of a vehicle's life then levels off after five years.
Cheaper Features on Pre-Owned Cars-You can add whatever gizmos you want on your used car, and at a cheaper rate than blinging out a brand new car. What's more, if you are searching for a vehicle with a sun roof or navigation system, you'll get it for far less than the original new price.
No, you may not get everything you want in a pre-owned car, but you also won't pay extra for additions you didn't ask for.
Like New Condition--Because today's vehicles are built to last at least 100,000 miles, you don't have to sacrifice reliability to get a great car. Instead, you can get a good deal on a pre-owned vehicle that's in "like new" condition.
Here at Joe Bowman Auto Plaza, we have 30/60/90 day warranties on all of our pre-owned vehicles, depending on mileage and year.
Additionally, all of our used cars must pass a rigorous 75-point checklist before being listed for sale on our lot.
And it must be in 100% tip top mechanical condition or it isn't for sale. To learn more about our Harrisonburg car dealership, visit our website.
We offer an extensive line of pre-owned cars that you can browse at your convenience.
Or, stop in to see us! We're happy to answer any questions you may have.
