Opting for a used car can often be an excellent choice compared to purchasing a brand-new one, according to the preferences of numerous individuals. Used car dealerships typically offer a wide array of vehicles, providing plentiful choices and additional advantages. Let’s dig deeper into the compelling reasons to consider buying from these car dealerships.
Pre-owned Dealerships Have Many Options
If you’re in search of used cars in Lancaster, it’s worthwhile to explore a used car dealership and discover the extensive range of choices available for your next ride. While there are certainly several options when it comes to purchasing new cars, dealerships often carry used vehicles that may no longer be in production.
Visiting a dealership to find a used car may lead you to discover vehicles with packages, features, or color choices that are no longer in production. You might also come across models from discontinued lines. Exploring a diverse range of options at a used vehicle dealership can greatly increase your chances of finding a car that truly resonates with you.
Used Cars Depreciate Slowly
The depreciation rate for new cars is rapid, with a significant portion occurring within the initial year. This can result in a depreciation of around 20% or more. In contrast, used vehicles experience roughly half the depreciation of their new counterparts in the first year, and subsequent depreciation occurs at a much slower pace.
Used Vehicles Cost Less Up Front
Choosing a used vehicle not only yields higher returns during resale or trade-in, but it also allows for upfront cost savings, as used cars generally come with a lower price tag compared to their newer equivalents. While pricing is influenced by factors such as model and year, the potential savings can be quite substantial.
Picking a used car might enable you to acquire a more luxurious vehicle at a lower price point. If you’re working with a tight budget, you might discover that you can only afford the most basic trim of a new car. However, within the same budget, there could be higher trims available for used models.
Insurance May Cost Less
Certain pre-owned models come with lower insurance premiums compared to their brand-new counterparts. By conducting some research before shopping for used cars in Coatesville, you may find options that can lead to significant annual savings on your insurance.
If you’re in the market for a pre-owned vehicle, don’t hesitate to arrange a test drive at Hershey Motors. We offer an extensive selection of used cars and would be delighted to help you discover the perfect fit for your needs.
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