The Benefits of Buying Used Cars in Madison, WI

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It’s well known that new cars depreciate the minute you drive them off the lot, which is why pre-owned cars provide the most affordable option for your driving needs. The financial advantages can outweigh the positives of purchasing a brand-new car. 

According to Statista, more pre-owned cars are sold in the U.S. than new vehicles. The price of new cars can be prohibitively expensive for many consumers, so if you want to save money on your next vehicle, we’ve put together a list of pros and cons to consider:

Buying New Cars

New cars have never been driven and are shipped from the manufacturer to the dealership. They are more expensive than used cars because they haven’t lost their original value. The automaker sets the base price, which varies by location based on supply and demand.

Pros:

• Freedom to compare similar makes and models
• Includes the latest safety and technical features
• Strong resale value
• Lower interest rates available through the manufacturer

Cons:

• Cost at least 20% more than used cars
• Loses value once you drive it off the lot, regardless of the condition
• Limited to the latest model year

Certain features can only be found on the latest models, but many used vehicles contain similar versions of the same technology. Dealerships replace their inventory with the most current model year whenever manufacturers release new products. 

Buying Pre-Owned Cars

Used cars for sale have been owned by at least one driver, and they come in all different makes and models. Used car lots inspect and repair their vehicles before putting them back on the market to ensure they are safe to drive. 

When you purchase a used vehicle, you will receive a copy of the repairs history, including which systems and parts were replaced and when. The salesperson will answer all your questions about the vehicle’s condition, so you can rest assured you are paying the right price. 

Pros:

• Cost at least 20% less than new vehicles
• Repaired and inspected by a licensed mechanic
• Includes a wide selection of cars, including recent models
• Can be resold with proper maintenance 
• Certified pre-owned vehicles come with a certified warranty backed by the manufacturer

Cons:

• Selection varies based on location
• May need additional repairs over the next few years
• Reduced resale value 

When you visit your local used car dealership, the selection depends on what types of vehicles people in the area tend to drive. Shop at reputable sales locations with onsite repairs to find quality used cars for sale.

Buying a used vehicle costs much less than buying a new one. Even though the car was owned by someone else, you will have peace of mind knowing a mechanic has serviced your chosen make and model. Visit us at Zimbrick Automotive to find the best used cars in Madison, WI.

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