Benefits of Buying Used Cars

used carIt is no secret that us Americans enjoy buying used. From used textbooks to gently used clothing, buying used is a great way to save on costs, but not skimp on quality. So why not buy used cars?

Considering that the average vehicle will have three owners on average over its lifetime, and 75% of the automotive transactions in the U.S. involve used vehicles, buying used has been the preferred method of millions. They may be on to something, as buying refurbished cars can offer many benefits. Read on to learn more.

Price Performer
This may be obvious but buying used will almost always be a cheaper alternative than buying brand new. But this doesn't always necessarily mean that the car's quality is limited. Sometimes, you will be able to find a car that has only been driven for a few years, so you have a good chance of getting that new car feel with a cheaper price tag!

Less Depreciation
It is an unfortunate fact that new cars lose thousands of dollars the moment they are driven off of the lot. So with this in mind, used cars are better bargains as there is no depreciation loss when you drive off with it. Some new cars lose as much as 40% of their value within their first year, so purchase used and save the hit to your wallet a new vehicle can bring.

Go Automatic
Buying an automatic car outnumbers manual transmissions 10 to one in the used vehicle market. This is an especially great perk if you want to save money because typically brand new manual cars cost less than new automatic ones, and not many people today know how to properly drive manual. But when buying new, this is no problem!

Save on Tax

Some states impose a sales tax on all new cars purchased. But you will completely bypass this when you buy a used vehicle.

Just because you would like to buy used, does not mean that you have to sacrifice the brand of car you would like. There are many car dealerships that specialize in selling luxury cars, giving you the best bang for your buck!

Graham Automotive is your one stop shop for used cars in Sioux Falls! Stop in today!
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