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When you plan to buy a vehicle in Duncansville, PA, area there are a number of decisions that need to be made. You need to choose the make and model of the vehicle as well as decide if you want to buy a new one or a used one. Used vehicles generally come in a much lower price tag but you must know about the benefits of pre-owned vehicles before purchasing them. A new car generally comes with a better warranty and modern technology, but it is higher in price as compared to a used car as well as depreciates faster.
Used Vehicle |
New Vehicle |
---|---|
The certified pre-owned vehicle comes with a warranty |
Comes with warranty |
Costs less to insure |
Costs more to insure |
Less depreciation |
More depreciation |
Used cars have many advantages, similar to new vehicles, certified used vehicles now come with warranties that cover most of the expensive components of a car. Certified used cars usually have an extended warranty. Also, used cars are easier to insure and they have less depreciation than a new one.
Less Expensive- Used vehicle is budget-friendly and will save a lot of money when buying insurance and paying tax. Therefore, a used car can be easily integrated into a monthly budget as lower vehicle costs will lower the monthly payments.
Your Financing will not be Underwater- If you owe more in your car loan than your vehicle’s worth then it’s called to be underwater on your loan. Being underwater on a loan is not a good thing as if the car is stolen or declared a total loss after an accident, it can devastate the car owner. You might have to continue paying for a vehicle that you do not have anymore.
Better Buy- The price of a used vehicle is way less than a brand new one and you get many options to choose from. You can buy a better car than you might have otherwise not been able to buy.
Visit our dealership to check out the used vehicle options. See you soon at the dealership!