Why More Drivers Are Choosing Used Vehicles
Shopping a dealership’s used inventory comes with significant benefits for savvy drivers, especially in recent years with the introduction of tariffs on vehicles and their components. Though brand new vehicles might be tempting with all the latest frills and tech toys, you’d be amazed how much even last year’s model can save you without compromising much at all on amenities and features. Could this be why more drivers are switching over to used inventory rather than chasing the latest trends? Keep reading to discover some of the top reasons why even the fanciest new models are in hot competition with used vehicles!
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A Thriving Market
Rather than doing the legwork independently, many drivers opt for the convenience of trading their old vehicles in with dealerships. Since there’s no telling what might turn up, it turns our used car inventory into something of a treasure trove. Compared to the new car market, where you more or less know what to expect, this mystery adds a sense of fun to browsing our pre-owned stock. You might even find something you can’t walk away from without making an offer, as there’s no guarantee that it’ll be there the next time you visit! However, with so many used vehicles rolling into our lot, you can be sure there’ll always be some exciting surprise to greet you when you stop by. You may even encounter a nostalgic old favourite or a model you thought you’d missed your chance to own!
Lower Costs
Between their lower sticker prices and reduced insurance premiums, used cars can save you a bundle compared to their brand new counterparts. As well, you may get lucky enough to bag a vehicle with lower maintenance costs, and depending on its age, you might even find it’s still under warranty, saving you even more on keeping it in good condition for longer. Even if the vehicle’s warranty has expired, a dealership will likely be able to offer you new coverage to help keep costs down, meaning you can drive with confidence knowing you’re well protected.
Nobody Appreciates Depreciation!
Speaking of value, we’ve all probably heard that new vehicles lose a big chunk of theirs as soon as you drive them off the lot, whereas used cars have already seen a great deal of their depreciation. This is a big deal for drivers, as it’s unlikely you’ll end up trapped in a position of negative equity where you’re stuck paying more on your loan than the car is actually worth.
Total Transparency
When you buy used from a dealership, you know the vehicle has been inspected thoroughly for any serious damage, so it’s unlikely you’ll run into any nasty surprises with its appearance or performance. As well, you’ll have access to information about the vehicle’s history, so you can see whether it’s been involved in any accidents. You can even give it a thorough once-over yourself for complete peace of mind!
Looking to Buy a Used Car From Key Auto Group?
It’s a no-brainer! The used car market is a wise choice for drivers wanting a wider choice of vehicles at a fraction of the cost. We’re proud to carry a range of used vehicles including favourites like GMC, Chevrolet, Buick, Ford, and more, so you’re sure to find a deal you can’t pass up! If something catches your eye, feel free to reach out to our team with any questions, or contact our finance professionals to discuss what rate will fit your lifestyle. Should you need any servicing down the line, our certified technicians are available to help you with everything from routine maintenance to more serious fixes–just book an appointment using our webform.