What are the benefits of buying a used car? 

By Product Expert | Posted in Tips & Tricks on Friday, July 5th, 2019 at 4:49 pm
rear of colorful cars in parking lot

Chances are you have at least shopped for a used car before. Why would you want someone’s pre-owned vehicle when you could just get yourself a brand-new one? Well, used cars continue to be extremely popular anyway, but why is that? Keep reading to learn why you should consider getting a used car instead of a new one. 

You might also be interested in: Tips for renting a car 

3 reasons why you should buy a used car 

They’re less expensive 

The most obvious perk of used cars is that they come with a smaller price tag. A model from just a few years ago may be many thousands of dollars cheaper than its brand-new counterpart. This is partly due to depreciation, which segues into our next point. 

View our used vehicle inventory 

They depreciate slower 

When you buy a new car, much of its value immediately goes away when you drive it off the lot. When you buy a used car, much of its value is retained because it has already experienced most of its depreciation. This means that if you buy a used car for $10,000, it may still be worth $8,000 in a year. Likewise, a new car purchased for $25,000 may only be worth $17,000 after a year.  

They come with lower insurance premiums salesman handing keys to man at desk

The theme here is that used cars save you a lot of money. Not only will you save cash when you purchase the vehicle, you will also save down the road. Insurers almost always charge higher premiums for new cars because those cars have a higher value. With a used car, you can still enjoy tons of modern amenities and save plenty of money at the same time. Consider getting your next vehicle from Barlow Motors. 

Contact us 

Leave a Reply

Adjust Payment Terms ×

We want to help you find the perfect car that fits your budget. Please adjust the options below so we can estimate the most accurate monthly payments.

Estimated Credit Score or Interest Rate

Desired Loan Term (months)

How much will you put down?

All tax, title and vehicle registration fees are additional. See dealer for complete details.

On Approved Credit

Longer Terms May Be Available