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Phone: (254) 699-7181
5501 E. Central Texas Expressway Killeen, TX 76543
Why Buy Used
Looking around the lot, there are plenty of new Nissan vehicles offered by Bates Nissan, but there is another aspect to the dealership that deserves a lot of focus too. That is the used vehicle inventory. Used vehicles are just as important as new vehicles because there has been a rise in demand for pre-owned cars on the market. Because of this increasing trend, it is important to know the benefits of buying used if you are still asking yourself the question, why buy used?
Why Buy Used
Cost is lower. Looking at a new car compared to a used car, there are obviously differences in style, features, maybe a couple little wear and tear differences, and then the big one…cost. The price of a used vehicle is usually significantly lower than that of the same model brand new.
Depreciation value decreases slower. Varying among models, the value of a new car depreciates roughly 47% after the first three years. However, the value of a three-year-old car will only depreciate about 24% over the next three years. This means that buying used can help out a little more when trying to resell the car.
Insurance rates are typically lower. According to Consumer Reports, “You’ll typically pay a bit less to insure a used vehicle than a new version of the same model.” So, buying used doesn’t only save at the beginning, but it also saves over time.
Reliability isn’t what it used to be. It’s better. Cars in the past would be great to drive until they reached about the 100,000 mile point, and that’s when it was time to think about getting rid of it for good. Now, cars can reach 100,000 miles no problem, and go another 100,000 miles. The reliability of cars is increasing with each passing year because of new technologies and improved features.
Background checks are available. It is kind of like checking a future employee’s history. With programs like CARFAX, you can see the history of vehicle including accidents, repairs, and maintenance done on the car. This will help you to know if you are getting a quality vehicle or one that has been through too much.
After all this information, it is safe to assume that the questions of why buy used, is probably no longer a concern. Come to Bates Nissan to check out the available pre-owned cars, trucks, and SUVs on the lot and get started in your next used vehicle.