Cars are one of the most expensive purchases we make in our lives, and although the economy is getting better, there are still many people who can't afford a brand new car. At the same time, cars only last so long, and a vehicle that is reaching the end of its life needs to be replaced. Used cars are a reliable and affordable option that many people with tight budgets are turning to. They are also becoming more abundant at local used car dealerships as they become a more popular choice. What makes a used car such a great option?

  1. Price - First and foremost, a used car will always be less expensive than a used one. A new car loses value as soon as it is driven off the lot, so even a used car with very few miles and years on it is going to be cheaper than a new one. Vehicle reviews and ratings for used cars are often provided by local used car dealers, or they can be found online. You see exactly what features a used car has before buying it, including car safety features, audio features and bluetooth capabilities. You can get a complete car history so you know exactly what you're paying for.

  2. Value - A new car can depreciate in value by nearly 20% within its first year of ownership, according to Edmunds. Used cars depreciate at a much slower rate, giving them better value for their age. If you ever decide to sell a used car, you will get closer to what you paid for it than if you try to sell a car you bought new.

  3. CPO Options - CPOs, or certified pre-owned vehicles, are a great way to get the value of a new car at the price of a used one. CPO vehicles undergo vigorous factory inspections by the manufacturer before they go on the lot, and necessary repairs are made before they are sold so the new owner doesn't have to worry about extra expenses right off the bat. CPOs also come with a warranty, just like a new car does.

Many people are hesitant to buy a used car because they are afraid it isn't safe and that it will cost them more in the end. However, as car technology continues to improve, used cars are a safer and more reliable option than ever before.
Categories: Rental

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