A shiny, brand new car is appealing to many people. There is something about that new car smell and driving around in a pristine vehicle no one else before you owned. However, a used car or truck can be nearly as exciting and comes with a number of benefits that make buying used a strong consideration. Take a look at these reasons to shop for used cars in Shorewood, IL, instead of buying new.
Save Money
Used vehicles are significantly cheaper than brand new ones. You can purchase a pre-owned car that’s only a few years old and save a bundle. There’s still plenty of life left in the vehicle, and your monthly payments will be far more affordable. The reasons for such savings on newer vehicles lies in depreciation. The car or truck you buy brand new loses value as soon as you drive it off the lot and continues to depreciate over time. When you pick up a slightly used car, most of the depreciation will have already occurred.
Fewer Fees
Did you know there are some pretty hefty fees built-in to the cost of new cars? Dealer preparation fees, shipping charges and destination costs are some of the names they fall under. There may even be hidden advertising fees involved in a new car. You won’t encounter those when buying used.
Lower Associated Costs
You’ll also pay less in costs associated with your vehicle. For one, your auto insurance on a used auto is quite a bit less than a new one would be. In addition, annual registration fees are lower on vehicles that are used.
These are a few of the reasons you may wish to shop for used cars in Shorewood, IL, rather than buying new. Visit Ron Tirapelli Ford, Inc. for more information.
