Perks Of Buying Used Cars | Greenville NC | Serving New Bern, Washington, Wilson & Rocky Mount

Used Car

Perks Of Buying Used Cars

When replacing your old vehicle, you have an important choice to make. Will you buy new or used? It can be a tough decision. While there are certainly advantages to buying new, buying used also has its own unique financial benefits. We want to help you make a well-informed decision. So, we've listed a few of the perks of buying a used vehicle below.

Affordability

One of the biggest advantages of used cars is that they're more affordable. Because a used vehicle is cheaper than its newer equivalent, your down payment and monthly payments will be much lower if you take out a loan. It's easier to pay for a used car all at once, meaning you won't have to worry about a monthly payment. Plus, you may be able to spend less for more features or for a nicer model than what you had before.

Lower Insurance Rates

The cost of protecting a used car is also lower. Insurance rates are calculated based on the value of your car, and since used cars cost less, so does their insurance.

Slower Depreciation

A new car loses a lot of its value within the first few years that you own it. Depreciation slows down after those years although it's a constant process. By the time that you purchase it, a used car will likely have already gone through a sharp drop in value, which means you'll spend much less.

Options

Car companies often discontinue models, sometimes even the models that we love. But you may still be able to find one of these old favorites when you buy used. Because you aren't limited to what's available this year, you can also find cars with different trims or features that may no longer be available on those models.

Used Car

Interested in purchasing a used vehicle? Stop by Joe Pecheles Hyundai for a test-drive today. We have a large variety for you to choose from, so come visit us at our dealership, located at 201 SE Greenville Blvd Greenville, NC 27858. We proudly serve customers from New Bern, Washington, Wilson and Rocky Mount!