Advantages To Buying A Used Car
At Ray Price Chevrolet, we love helping drivers from the Mount Pocono, Scranton, and East Stroudsburg areas search for their next car. During this process, we often have customers who are curious about the advantages to buying a used car and how it'll benefit their drives around Tobyhanna and Stroudsburg.
Our response? There are several advantages to buying a used car, which we can narrow down to three broad categories:
1. Used Cars May Be Listed At A Lower Price
One of the top advantages to buying a used car is that they tend to have a lower listing price than they'd have if you bought the same car new. This is because used cars have already experienced a large chunk of their depreciation over the first few years of their life.
Due to this, you may find yourself with extra budget to spare, which you can use to pay off your car faster. You can also put the spare change toward a car at a higher trim level, or one with a cool, gotta-have-it feature, like Apple CarPlay™ or Android Auto™ capabilities and smart safety technologies.
2. Used Cars May Retain More Of Their Value
With new cars, you can often expect them to depreciate 20% in their first year, with less depreciation occurring each year it's on the road. By the time you purchase the car used, it'll have already undergone its highest percentage of depreciation.
This means that, if you decide to trade in your car in the future, it will have retained more of the value you originally purchased it for than if you bought it new. In fact, there are several things you can do to maintain your used car's purchase value, so check out our guide on that topic to learn more.
3. Used Cars Can Still Come With A Warranty
One of the advantages to buying a used car at a dealership is that it may still be covered under the original manufacturer warranty, depending on the model year. Plus, cars from the certified pre-owned inventory (CPO) inventory always carry an additional limited manufacturer warranty.
CPO cars are often only a few model years old and have gone through an extensive inspection and detailing process, so they run and look almost like-new.
Chevy CPO cars, specifically, come with a 6-year/100,000-mile powertrain limited warranty.* They're also accompanied by a 12-month/12,000-mile bumper-to-bumper warranty.+ While the cars in the CPO inventory have undergone a rigorous 172-point inspection to ensure they're the highest quality, these warranty options provide added peace-of-mind.
To learn more about your warranty coverage, check out our CPO guides!
Learn More About The Advantages To Buying A Used Car
If you want more information about the advantages to buying a used car in the Tobyhanna, Scranton, and East Stroudsburg areas, we invite you to pay us a visit at Ray Price Chevrolet. We can go over the specifics of buying a used car and how they relate to your needs. We'll even get you out for a test drive in a few models that catch your eye.
Contact us to learn more today! * Whichever comes first, from original in-service date. See participating dealer for limited-warranty details.
+ Whichever comes first, in addition to any remaining original factory Bumper-to-Bumper warranty. See participating dealer for limited-warranty details.
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