Purchasing a car is a great way to kickstart 2022. You don’t necessarily have to buy a new vehicle. You can settle for a used car in Owensboro, KY. If you’re unsure about this, here are five reasons choosing a pre-owned car purchase can be beneficial, especially from a money-saving standpoint.
1. Minimum Depreciation
New cars lose about 40% of their value in its first year alone. By buying a used car, there’s no need to worry about depreciation because the bulk of it has already occurred under the previous owner.
2. Lower Annual Registration Fees
Registration fees are partly based on the car’s value. Since the depreciation has already occurred, a used car will naturally be lower in value than its current-year counterpart. Yearly registration fees typically go down after five years from the vehicle’s manufacturing date.
3. Acquire a Better Trim
A lightly pre-owned vehicle in a premium trim may be about the same cost as the same model brand new with the base trim. Essentially, you can reap the perks of amenities like leather upholstery or an upgraded engine while staying within budget.
4. Lower Insurance Premiums
Used cars are often cheaper to insure because the car’s value is less. Should the car be in a collision and require repairs, it’s going to be cheaper for the insurance to foot the bill.
5. Fully Inspected
With a Mazda Certified pre-owned vehicle, the purchase is backed by a comprehensive multi-point inspection and warranty. Even non-Mazda Certified cars still undergo a basic inspection, which is seldom included when buying from a private seller.
Get a strong start to 2022 with a used car purchase. Acquire a lightly owned model like the Mazda CX-5 while maintaining your budget goals.
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