Buying a Used Car FAQs

What are the Benefits of Buying a Used Car?

While the luster of a new car is impossible to deny, for some shoppers, a used car offers better value. What are the advantages of shopping pre-owned?

For one, the bulk of depreciation has already occurred to a car more than two or three years old. While different models depreciate on different timetables, you can expect most of it to happen in the first few years.

Also helping you save is the fact that registration fees are usually less for used vehicles. Plus, the older the cars, the more data there will be about the model’s reliability and safety—and you’ll have access to vehicle history reports, too.

So, not only can you save with a used car, but you’ll also have more research tools at your disposal.

How Do I Buy a Used Car?

Buying a used car is relatively simple. The finance team at any dealership (including ours) can help you create a payment plan if you need financing. If you have a car to trade in, a dealer makes it easy to apply its value to the used car you plan on buying.

You can meet with a finance professional and customize every aspect of the plan, including the loan amount and term, down payment, and interest rate. While not every factor is within your control, you can influence them through other factors.

For instance, a larger down payment means you’ll have a smaller loan, which may mean lower interest rates on the loan.