Buying a car is a big investment, which is why you need to know that it will be worth it. This is especially true if you are looking at used cars. We have three reasons why a used vehicle could be best for your ROI (return on investment).
Why Buy a Used Car?
There are many benefits of going with a used car. This will let you:
Skip the Depreciation
By the time a vehicle is four years old, it may have lost about 40 percent of its value. This means that if you choose a car that’s a few years old, you get to avoid that depreciation and the vehicle will be a lot closer to its actual value.
Save Money Now and in the Future
Used cars can be significantly less expensive than new models. This means that you may have the cash you need on hand to buy one. But, if you opt for financing, you’ll save now and later. First of all, you won’t have to borrow as much money for your loan. As a result, your down payment won’t have to be as large. Plus, you should be able to set up monthly payments that are very affordable.
Get a Vehicle You Can Count On
In addition to regular used cars, you may also want to think about a Certified Pre-Owned model. These vehicles first have to pass a rigorous 101-point inspection and reconditioning process. They also come with a CarFax® history report and a 12-month/12,000-mile warranty with no deductible.
Check Out the Used Cars at Heritage
If you’re ready to pick up a great used vehicle, just come down to Heritage Chrysler Dodge Jeep® RAM Owings Mills to see what’s in stock.