2020/03/16 | Used cars
Why buy a used car
5 GOOD REASONS TO BUY A USED VEHICLE
Does “saving money” is a matter to you ? Unless you have lost your mind, no reader would say the opposite, but if that reason is still not convincing enough for you, read on to find out what is.
Depreciation of the Financial Value of Your Car
The value of new cars generally decreases by 20% after the first use. In other words, for a $ 20,000 car, the first ride will cost you a lovely $ 4,000: it'd better be one hell of a life-changing ride!
Henceforth, new vehicles will generally lose 10% of their value during their first year. If we do the math, a brand-new vehicle faces a 30% loss in value by the end of the first year, about one third of its initial price!
It is possible to avoid this significant loss of value by buying a used car, right after it has already gone through this depressing depreciation period. Purchasing a car that is at least one year old will allow you to own, drive, and ultimately sell the latter with a minimal loss in equity, not to mention that vehicles sold at Style Auto in Laval near Montreal and Saint-Jerome are recognized for their good resale value due to their excellent conditions and superior quality.
Affordable Insurance Plans
It goes without saying: insurance plans for used cars are more affordable compared to new cars’. Moreover, unlike new vehicles, the option of coverage “open perils” is not mandatory for a second-hand vehicle.
When acquiring a new vehicle, there is often an important price difference between the high-end version — a larger car, a newer model, more options, etc. – and the base model. This price difference is nonetheless of little importance when it comes to second-hand vehicles. It is therefore easier for drivers to get a better, more equipped model, at a fraction of its new counterpart’s price.
Peace of Mind
Gone are the days when drivers of used cars were friends with anguish, not knowing if they are safe driving their used vehicle, or on the verge of regretting their purchase. Fortunately, buying a used car is no longer a gamble; with consumer reports (vehicle inspection report included) that are provided when you purchase from Style Auto in Laval, near Montreal and Saint-Jerome, you receive everything there is to know about your vehicle and all the information about its past so that you can make a calculated, risk-free purchase in peace and serenity and we also offer in-house financing.
Availability of Replacement Parts
In addition to purchasing maintenance and repair warranty from your dealer Style Auto, car parts of a 5 to 10-year-old vehicle are easier to find on the market, resulting in more affordable repair costs in some cases.
To summarize, with used cars, you will always get more for what you pay. Even those with an unsatisfactory credit report can benefit from a quick and easy 2nd and 3rd chance to credit offered by Style Auto used car dealer in Laval, near Montreal and Saint-Jerome.
Visit us to discover our collection of discounted second-hand vehicles!