Why Buying a Used Car Makes Sense

Generally buying a car is a necessity and should not be considered an investment other than in the case of collectible or classic vehicles.  Some experts cite statistics that a brand-new car typically decreases in value between 25 to 40% over the first two years of ownership.

 

Many new car dealerships now even offer insurance plans to cover the gap owed on the vehicle and the amount of the pay-off in the event the car is totaled during the early stages of the loan.  Furthermore buying a used car not only saves money on the cost of the vehicle but typically on the cost of the insurance premiums you will pay.  

  

One of the reasons why people used to buy brand-new cars no longer holds true.  In years past, only a new vehicle provided owners the safety net of a warranty, and then it was only for a short period of time.  Now warranties last for a much longer period of time and are usually transferable when the car is sold to the next owner.  Additionally many dealers and third-party companies offer extended warranties for older cars to help with repairs.  

Another advantage to buying a used vehicle is that now we have so much more information available to us regarding the condition and background of the vehicle we wish to purchase.  A Pre-Owned Vehicle has passed a rigorous visual and mechanical inspection and many dealers offer free Carfax history reports.

   

Finally today’s vehicles are more reliable than cars were in the past.   According to a recent Forbes Magazine article, cars are built to last an average of 250,000 miles, and today, the average age of cars on the road is 10.8 years old. 

 

The Car Show, Inc. is a family owned and operated dealership that has been offering unsurpassed service to the community since 1987.  Our motto is "If it has wheels, we sell it." You will find our prices are competitive on high-quality pre-owned cars, trucks, and motorcycles.