Perks Of Buying Used Cars in Morganton, NC

Used Car

Perks Of Buying Used Cars

If you're planning to replace your current vehicle, you might be wondering if you should buy a new or used car. Some drivers, and dealers, will tell you that new is better. But that's not always true.

While buying new does have advantages, there are also perks to choosing a used car -- especially for your wallet. Keep reading to learn more about the benefits of purchasing a pre-owned vehicle.

Affordability

Buying a used car is more affordable for several reasons. First, you'll pay less for the same model if you buy it used rather than new. If you take out a loan, your down payment and monthly payments will be lower than they would for a new vehicle. Plus, you might not even need a loan because it's easier to pay for a used car all at once. You may end up spending less for a car with more features or a nicer model that what you had before.

Lower Insurance Rates

Not only are your monthly payments lower with a used car, coverage to protect your vehicle is also more affordable. Insurance rates are calculated based on the value of your car, and since used cars cost less, so does their insurance.

Slower Depreciation

A new car loses a lot of its value over the first few years that you own it. While depreciation is a constant process with cars, it tends to level out more after those years. A used car will likely have already gone through this steep decline in value by the time you purchase it, which means you pay a great deal less.

Options

Models often get discontinued in the automotive industry, sometimes even popular ones. That isn't as much of a problem when you buy used. Additionally, you can find cars with different trims or features that may no longer be available on those models. Buying used is all about options, because you aren't limited by the features and trims of a single year.

Used Car

Interested in purchasing a used vehicle? Stop by Morganton Honda for a test-drive today. We have a large variety for you to choose from, so come visit us at our dealership, located at 1600 Burkemont Ave, Morganton, NC 28655. We proudly serve customers from Hickory, Asheville and Marion!