Why Buy a Used Car
Why Buy a Used Car?
From Diamond Motors & Marine
As you embark on the journey to find your next vehicle, you’ll be faced with many critical decisions. Oftentimes, buyers have certain qualities in mind as they browse for a car. Whether you’re looking for something that offers extra seating for more passengers or something that offers superior handling, there are endless options to choose from. While a brand-new car has a certain appeal to it, do you really need something fresh off the assembly line? Maybe you’ll be content with a car that’s new to you. After all, used cars offer a number of benefits, which we’ve highlighted below.
When you’re ready to begin browsing the options, visit us at Diamond Motors in New Smyrna Beach, FL! Our staff would be delighted to answer your questions and show you our inventory, which includes some impressive used cars for sale.
One of the main reasons so many buyers choose to purchase a used model is because of the unbeatable savings. You’ll save right off the bat with the lower sticker price, which can be very alluring to buyers on a budget. You can use that huge reduction to either build up your savings or buy snazzy upgrades for your car.
If you’ve decided to finance your purchase, you’ll also save on the down payment and monthly payments. Your monthly budget won’t take a huge hit with a low monthly payment, either. You’ll save in a couple of other ways as well. For example, it tends to cost less to insure a used car than it does a new one because it’s less expensive for the insurance company to pay for repairs or a replacement. Plus, vehicle registration costs are often lower, too.
Depreciation, which is the measurement of how much the value of a car decreases over time, is usually less of a problem in used cars. The moment new vehicles leave the dealership lot, they start losing value. The biggest depreciation dip occurs in the first year of owning the car. Therefore, you’ll miss most of the depreciation period when you buy a used car that’s at least a year old. As a result, you receive a lower initial sticker price and you lose less of the vehicle’s value over time than you would with a new model.
Higher End Models
Another benefit you’ll enjoy when buying used is you’ll have a wide variety of options to choose from. That super elite model you’ve always dreamt of owning is suddenly available when you decide to buy it used. In fact, there are several different higher-end options within your reach when you browse the pre-owned options. You could easily score a luxury model that’s only a few years old for the same price as a new mid-range economy sedan.
If you’re ready to enjoy the benefits of buying a used car, be sure to stop by Diamond Motors in New Smyrna Beach, FL to check out our inventory. Our staff would be happy to answer your questions and show you our generous selection of used cars for sale.