3 Financial Advantages Of Going With A Newer Used Car For Your Next Vehicle

When you start looking for your next vehicle, instead of looking at the new car lots, consider looking at pre-owned vehicle dealerships instead. Purchasing a pre-owned car does not mean that you have to compromise on quality. You can find high-quality, modern vehicles at pre-owned dealerships. If you want, you can focus on pre-owned dealerships that exclusively sell vehicles that are under five years old if you want a new vehicle with new features.

#1 Avoid Dealer Fees

When you purchase a new vehicle, you often pay much more than the list price for the new vehicle. Oftentimes, you end up paying a large amount of dealer fees. It is not uncommon to have to pay shipping charges, destination fees, and other dealer preparation fees when you purchase a new vehicle.

When you purchase a used car, the vehicle is already on the dealers' lot. The dealer is not ordering the vehicle directly from the manufacturer; the vehicle that you want is already on the lot for you to drive away in. You don't have to pay all those extra dealer fees that come with purchasing a new car, helping you reduce the money you spend getting a nice, new car to drive.

#2 Get a Great Warranty

Purchasing a used car doesn't mean that you have to sacrifice on the warranty. You can easily purchase a used car that comes with an extended long-term warranty. For further protection, you can purchase a certified used car directly from the manufacturer's dealership. Certified used cars have been made to meet the manufacturer's strict standards. Oftentimes, the warranties offered for certified used cars rival the warranties offered for new cars in the scope and length of the warranty.

#3 More Affordable Upgrades

When you purchase a new vehicle, the cost for upgrades is often way more than the value of the upgrade. You may pay thousands of dollars to add a pinstripe to a vehicle that an auto body and paint shop could add onto a vehicle for a few hundred dollars.

The script is flipped thought when you purchase a used car, when you purchase a used car, you will find that there is often not a huge price difference between a basic version and a version of the same make and model with all the "extra" features such as a pinstripe, sunroof, or advanced navigation system that the original owner paid for. Oftentimes, those high-cost upgrades only end up adding a few hundred dollars to the price of a used car. So if you want some high-priced upgrades, you can get them at a much more affordable price by shopping the used car market instead.

When you purchase a used car, you avoid paying expensive dealer fees. You can often get a great warranty if you purchase a certified pre-owned vehicle. You also avoid paying extra for upgraded features. Going used can save you money in a lot of different ways.