Why Buy Used?
The temptation of buying a new car is undeniable. From the new car smell to the latest technology, it’s hard to resist the draw of a brand-new vehicle. However, there are many compelling reasons to buy used instead of new. At Beau Townsend Nissan, we have a large selection of quality used cars in our inventory, and we can help you choose the right one today. So let's explore some of the advantages of buying a used car below.
Used Cars Save You Money
No matter how you slice it, a used car costs less money. Used cars generally cost about 20-40% less than comparable new cars, depending on the make, model, and year. That’s a significant saving that you can use to put a down payment on a home, finance your child’s education, or pay off other debt. A smaller car note can also give you more disposable income on other essentials like groceries, utility bills, or investments.
Lower Loan Amount
You'll need less money if you have to finance a used car. That means your loan amounts and monthly payments will be lower. You'll pay off the loan faster and interest rates could be better, which means more money in your pocket.
New Cars Depreciate Fast
As soon as a new car leaves the dealership parking lot, it loses value. Also, new cars can lose up to 20% of their worth in the first year. By contrast, a used car has already taken its biggest depreciation hit, so you don’t have to worry about it losing value as quickly. Some used cars may even appreciate over time if they’re classic or collector cars, or a model no longer in production.
Lower Insurance
It can cost a lot to get insurance on a new car. On the other hand, used cars cost less to insure because they’re not as valuable. This can lead to hundreds of dollars in savings each year. Also, replacing a car with less value would be stressful compared to a more expensive one. Premiums are a lot lower for used cars compared to newer ones, and you'll have a lot of extra savings.
Warranties
There's a common misconception that used cars don't include any warranty. That's not the case. Many used cars come with a warranty from the manufacturer. For example, certified pre-owned vehicles must meet the manufacturer's specific criteria and usually come with an extended warranty. Also, a relatively newer car can still fall under the manufacturer's warranty to fix any unforeseen repairs.
Great Selection
Our lot has various makes and models from different years for you to choose from. You're not limited to just the latest models when you buy used ones. Many people find that older model cars suit their needs better than the latest and greatest. You can also get a car no longer in production that has certain features you are looking for.
Better for the Environment
We know what you are thinking. How can a used car be better for the environment? A large chunk of the carbon monoxide a car produces occurs during manufacturing and shipping. They also have less environmental impact than hybrid cars and don’t require scarce resources like rare earth metals.
Reliability
Even used cars in today's market are a lot more reliable than ones of the past. With technological advances, cars are lasting much longer than they used to. It's not uncommon for a car to last 200,000 miles or more with proper maintenance. You have a good return on your investment.
Thriving Car Market
In today's car market, there is a lot of demand for used cars. Even if you only keep your vehicle for a few years, you can sell it for a reasonable price when you're ready to move on. As a result, you'll be able to build lots of equity, even in a used car.
Get Your Used Car at Beau Townsend Nissan
At Beau Townsend Nissan, we have a wide selection of quality used cars for you to choose from. Our experienced team can help you find the perfect vehicle for your needs and budget. We also offer financing options to make buying a used car easier. Visit us today and get behind the wheel of your dream car.