Used Car Values Are Increasing
Used Car Values Are Increasing
Posted on August 25, 2022
Buying a used car is an excellent option for those looking to benefit from all the advantages of having a motorized vehicle while saving a few hundred (or thousand!) bucks. Especially with modern cars, which are more reliable, safe, and built to last, buying a used car has never been an easier choice. Keep reading to learn more about the advantages of purchasing a pre-owned vehicle. Then, feel free to browse our used inventory here at Alta Nissan Richmond Hill to pick the perfect model for your needs and preferences.
Benefits of Buying a Used Vehicle
There are many benefits to buying a used car, the first, and most obvious being the upfront savings on the purchase price, taxes, and even insurance. Buying used can save you upwards of thousands of dollars while still getting most of the great features you will receive with a new car. Cars depreciate fast once they leave the lot; even buying a vehicle only a couple of years old can save you tons of money. Another great benefit of purchasing pre-owned is the wider variety of options. Buying used can allow you to own a car that you like that is no longer in production or get features or styles that are not offered on new vehicles. Finally, with the help of trustworthy dealerships, comprehensive vehicle histories, and certified pre-owned options, you can get peace of mind knowing you are buying a quality vehicle. With all these benefits and more, there has never been a better time than now to purchase a used car!
The Best Time to Buy a Used Vehicle
One of the significant downfalls of buying new is also one of the significant benefits of buying used: depreciation. With the prices of new vehicles skyrocketing since the pandemic, the depreciation rates are also increasing. Buying a used car has never been easier than now when depreciation isn’t as high for used vehicles. You can make depreciation work in your favour by purchasing a used car that’s only a year or two old. You still get all the modern features, warranties, and incentives you would when buying a new car for a fraction of the cost. Contact us at Alta Nissan Richmond Hill to learn more about our used inventory and competitive prices.
If you're looking to purchase a new car, think about trading in your current car for a fresh Nissan model.