Used cars are better.
Despite what car dealers on hundreds of commercials shout, buying a factory-new car isn't always the best choice.
No matter how many bells and whistles that brand new machine has, you could save yourself a lot of money by buying a used car and still end up with a vehicle that's just as good—or even better. Here's why:
New vehicles depreciate immediately
Unless the last owner of a used car was a compulsive road-tripper who put thousands of extra miles on it, a one-year-old car is practically the same as a new one. It looks the same, drives the same and has most of the same features as the newest model from the same manufacturer. Here’s the kicker—it will sell for half as much. The minute a new car is driven off the lot under new ownership, it becomes a used car. There's no way to get that value back. After about a year, sharp depreciation levels off. Buying used not only saves money, the car’s value stays about the same while you take ownership.
Cars develop personality
Just like any other piece of machinery with technology, a vehicle develops quirks while it's driven. If you bought a car fresh off the factory floor, you won’t know if the brakes will become soft as they settle, or other eccentricities that aren't flaws but that take getting used to. A used car has had time to develop its personality. Even better, a good dealership such as Wheel City Auto Finance Centers that handles used cars will know the quirks of vehicles on each of their four lots. The sales staff will help you to make an informed decision when choosing your new ride.
Used car dealerships are about long-term relationships
When you've bought a brand new car, your relationship with that dealer is over. You make you your payments to someone else.
However, a buy-here pay-here used car dealership such as Wheel City Auto Finance Centers has staff who want to build relationships with customers. Because they offer in-house financing the relationship is not “one and done.” You’re pretty much stuck with them until you pay the vehicle off. Why not make the most of it?
One reason is that when it's time to change vehicles again for a trade-in or trade-up, you are familiar with each other. You might even really like each other. They are much more likely to work with you to find financing options that work with your improved credit, find the car that works for your lifestyle and continue to support you and cheer you on even after you've signed the paperwork and driven away.