Buying a new car is always the preferred option for most people but used cars are just as viable. There are quite a few benefits to buying a used car, some of which you may have never thought of or considered in your car search. Ranging from price to choice, the advantages of buying a used car can match the advantages of buying a new car.
The most obvious, and to many, the most important, difference between a new and used car is price. A used car can cost thousands of dollars less than a new car of the same model. As a result, you may even be able to trade up to a nicer used model, like going from a compact car to a midsize sedan. Due to the lower price, you won’t have to shell out as large of a down payment either.
Condition is always a factor when buying a used car but with the prevalence of Certified Pre-Owned vehicle programs, odds are that used car has a manufacturer-backed limited warranty. To quality for a CPO program, a used car must meet all the manufacturer’s standards and pass a multi-point inspection. That means your used car will be mechanically sound and if something does go wrong, you’re covered by a warranty.
As your car ages, your insurance rates are likely to go down. If you buy a used car, you’ll pay less in insurance costs compared to a new car due to age. While that generally goes for most used cars, it’s always a good idea to do your own research to avoid any surprises. While you're at it, you can also research your trade-in value as well.
Last, but not least, buying a used car means you have a nearly unlimited selection. Unlike new cars, which are no longer new after a single model year, used cars span nearly a century. You can choose from models that have been taken out of production or cars with features no longer offered. You may be thinking, "Where can I find a large variety of used cars near me", and the answer is at Basney Honda in Mishawaka, IN near South Bend, Notre Dame, Elkhart, Granger and Goshen.