A new car is often always preferable to a pre-owned one. However, many car buyers, especially first-timers, don’t have the budget for a new car and will opt to buy a pre-owned vehicle. Used vehicles are actually more beneficial than you think. Here are three reasons to consider one of our used cars.
Variety
There is an average of 350 new cars released every year across all brands, and that’s not including the different trims of each model. The used car market contains far more than that because the selection spans multiple years and even includes some models that have since been discontinued by the manufacturer.
More Value for Your Money
You may only be able to afford a base trim when buying a new car. However, for the same price, you may be able to buy the same used model in a higher trim with a more robust engine, infotainment system, and additional navigation features. In addition, a pre-owned car has already taken the depreciation hit. No need to worry that the car’s value will drop the minute you drive it off the dealership lot.
Lower Insurance Rates
A car’s value is among the biggest factors that determine your insurance rates. After all, the more expensive a car, the more the company has to pay out when a claim is filed. Used cars have a lower value because, as mentioned, it has already taken the depreciation hit. Aside from insurance, car registration fees tend to be lower as well.
Visit Heritage Toyota Catonsville to see our inventory of both used and certified pre-owned vehicles. If you prefer new, then browse our 2020 and 2021 models like the Toyota Highlander and more.
