Five Potential Benefits of Buying a Used Car

At Taylor & Sons Chevrolet, we are proud to carry a great selection of beautiful new vehicles. If you are in the market for a new Chevy, you have certainly come to the right place. With that said, we also carry a great selection of used vehicles, and that part of our inventory is worth your consideration as well.

In this article, we are going to discuss some of the many benefits that may come along with buying a used vehicle. We aren’t trying to talk you out of a new vehicle, of course – there is a lot to like about buying new – but we do want to point out that opting for a used model can be the right call for some shoppers.

Let’s get started!

#1 – Save Money

Obviously, this is where the list is going to start. When you purchase a used vehicle, you should be able to acquire it for a lower price than you would have to pay to get a similar vehicle in new condition. This makes perfect sense, of course, as you are getting something which has experienced some wear and tear along the way while serving a previous owner.

If the car you have your eye on doesn’t quite fit in your current budget, shopping for a used model is a good alternative. This will allow you to bring the price of the car down without having to adjust your shopping list too dramatically. As you shop, be sure to consider how many miles each vehicle has on the odometer, and also take other factors into consideration like maintenance records, previous accidents, etc. As long as you take your time to do your homework, and you shop with a reputable seller like Taylor & Sons, you shouldn’t have much trouble finding many used vehicles worth your consideration.

#2 – Get Extra Features

In some cases, buyers are able to afford the base model of a given vehicle – but that vehicle works its way up out of their price range when all of the options start to get added on. If you like to drive vehicles which are fully loaded with all of the best features, you might want to shop used instead. You never quite know what you will find when shopping a used lot. While you will certainly find plenty of base models here as well, you’ll also be able to track down some vehicles with all of the bells and whistles. And, since it is used rather than new, you may find the price to be far more manageable.

#3 – Potential for Coverage

One of the things that turns some people away from used cars is fears over having a lack of warranty coverage when they drive off the lot. However, that doesn’t have to be the case. It is possible to get some form of warranty coverage when buying a used car, depending on the situation. The number of miles on the vehicle, the number of years which have passed since it was new, and more will all impact the kind of coverage which may be available. The best thing you can do here is to ask when shopping on a used car lot for information about protection on any specific vehicle you are considering. You may or may not be able to get some degree of coverage, but this is a smart question to ask. Before you make a buying decision, take everything into account, including the price, the model, the miles, the year, the coverage, etc.

#4 – Save on Insurance Costs

Nobody likes to pay high insurance premiums, and new car buyers are sometimes surprised when they contact their insurance company to get a quote on their new vehicle. If you would like to keep your insurance rates down a bit, buying a used car can be a great way to do so. Since the vehicle is not worth as much as a brand new one, your insurance company won’t have to cover as much loss in the case of an accident. As a result, your premiums will be lower, and you’ll save money month after month. If you are wondering how much money you stand to save by making this decision, contact your insurance company for a quote. The savings may or may not be enough to justify going in the used direction, but the question is worth asking.

#5 – Avoid Depreciation

This one is well known among frequent car buyers. When you buy a new car, the value of the car drops pretty quickly in the early stages of ownership. This is for a very obvious reason – the car is no longer new. If you wanted to resell it, you would have to sell it as a used car, and the price would be lower than it was when the vehicle was new. With that said, this effect is less pronounced when you buy a used car to begin with. The value isn’t going to drop nearly as much, because the vehicle will simply have one more owner in its history, but it’s still a used car. If you don’t plan on owning your next vehicle for a particularly long period of time, buying used can help you avoid suffering too much loss due to depreciation.

As a car dealership, we obviously love selling new cars. And, of course, there is a lot to be said for the experience of buying a new car. The interior is in perfect condition, you have plenty of warranty coverage, and you don’t have to worry about anything hidden in the vehicle’s past that may come back to haunt you down the line. However, there is still plenty of room in this business for used cars, and we are proud to sell those on our lot, as well. If you still aren’t sure whether you would like to buy new or used, simply come down to Taylor & Sons Chevrolet in Ponderay, Idaho to speak with a friendly member of our team. We’ll be happy to offer assistance and show you around!

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