5 Practical Reasons to Buy A Pre-Owned Car
While buying a new car is nice, here at our Harrisonburg VA dealership, we see many practical reasons why a lot of people choose to buy a pre-owned car. Some of those reasons may surprise you!
Lower Depreciation-As soon as you buy a new vehicle, it loses value when it hits the highway. Smaller cars lose approximately $7400 in the first year of ownership, according to Edmunds.com. Luxury cars also lose more value initially because there's more money to lose.
Used cars and trucks, even if they are just a few years old, tend to hold their value longer over time. And there are certain brands of vehicles that tend to retain their value longer, which makes them an even smarter buy.Â
To avoid that immediate loss of depreciation, preowned car buyers choose a vehicle that's between 1-3 years old.
Price-Because of depreciation and mileage, preowned cars sell for less.
Warranties-Yes, new cars have a manufacturer's warranty that's based on mileage driven in a given period of time. But we're proud to say that at Joe Bowman Auto Plaza, our pre-owned vehicles also come with a warranty.
Depending on the age and mileage of the vehicle, expect a 30 or 90 day warranty. Additionally, before a vehicle is eligible for sale on our lot, it must pass a 75-point checklist inspection.
As far as it is mechanically possible, we want to ensure that the vehicle is in tip top condition!
Insurance Bargains-Generally, car insurance companies insure pre-owned cars at much cheaper rates than a new car, depending on the model. New cars cost more, so naturally insurance premiums are higher.
Environmental Impact-You can reduce your carbon footprint by buying a quality pre-owned car. Instead of adding yet another new vehicle to the road, a preowned car, truck, or SUV reduces that number.
Today, buying a preowned car is a good value. And, when you buy through Joe Bowman Auto Plaza, you are assured that the vehicle has gone through a rigorous inspection by our certified mechanics.
But the service doesn't stop once the sale has been made. When it comes time to service your vehicle, Joe Bowman customers receive preferred scheduling. If you bought your vehicle from us, you will receive a higher service priority than a vehicle that wasn't bought at our dealership.
Plus, for as long as you own your vehicle, you receive a free yearly state inspection. Stop by and see us or check out our inventory online.
Â
Â