Technically continues to rapidly evolve and many people struggle just to keep up. One area you may not need to stay up-to-date is when you’re looking for a vehicle. Buying a brand new car is expensive. Did you know that the average dollar amount per transaction on new car purchases was just under $30,000 in 2011? Let’s talk about the benefits of buying pre-owned vehicles from used car dealerships Murfreesboro TN.
Depreciation.
When you buy a brand new vehicle, it loses an average of over 20% of its value after just 24 months. This number could be a little smaller or a little larger depending on the brand and model of the vehicle you choose. Either way, it’s a large percentage. To add to this, new vehicles depreciate as soon as they’re driven off the lot. When you buy a used vehicle, you avoid that initial blow in loss of depreciation which saves you money because you don’t have to deal with the big loss in value like the original owner.
Pre-Owned Certification.
Available first on luxury brand vehicles, the certified pre-owned option gives you more peace of mind when buying a used car that has this certification. Vehicles are tested and inspected thoroughly inside and out to determine if they qualify as a certified pre-owned vehicle. If the mileage is deemed too high or the vehicle has been involved in a major accident, it will not qualify. You may pay a little more for certified used vehicles than a regular used vehicle, but the confidence in knowing the vehicle passed inspection is worth it when compared to purchasing a used vehicle that has not been tested at all, other than to see if it starts.
While purchasing a brand new vehicle can be a very exciting time, you have to determine if the excitement and “newness” is worth the extra money you’ll have to fork over. Not only that, but losing money as soon as you drive your new vehicle off the lot may not sit with you very well either. Purchasing a pre-owned vehicle from used car dealerships at Al White Motors, Inc in Murfreesboro TN is your best bet if you’re on a budget and looking to save money.
