With the fallout from a worldwide microchip shortage still being felt, manufacturers aren’t producing as many vehicles as they have in recent years. This means that many consumers are choosing used vehicles to purchase. A used car’s advantages are cost-effective and will allow you to attain a higher quality of life while spending less money. We’ve gathered some of the best advantages to illustrate why this choice might be one of the best you make in the upcoming year.
Lower Cost
All vehicles, regardless of their make and model, go through a process known as depreciation. This means that their residual value decreases each year when they drive off the lot. Some vehicles, such as the Nissan Leaf and Kia Soul, depreciate faster than others, which means you can acquire one reasonably.
Lower Insurance Premiums
Insurance can be stressful to pay for. When you purchase a used vehicle, you pay lower insurance premiums. When someone leases or purchases a new car through a monthly payment plan, most insurance companies require the purchaser to take out a full coverage policy. By saving on insurance premiums, you’ll have more money for fuel and repairs.
Better Quality
You’ll be surprised at the quality that many used cars exhibit. Because of the lower production quotas, many dealerships are eager to add high-quality used vehicles to their inventory. If you decide to put off your purchase until the end of the year, you’re more likely to get a great deal. This is because many dealers are trying to clear out their inventory to make room for the vehicles from the upcoming model year.
A More Informed Purchase
Remember, as a consumer; you have the right to know the history of anything you purchase. Most dealerships will provide you with a CARFAX report that lets you know the complete and detailed history of any vehicle you intend to purchase. Publications such as Consumer Reports detail vehicles year by year so you can make an informed choice regarding the make and model you’re considering.
Scotti’s Auto Sales
For the best-used vehicles of the finest quality, Scotti’s Auto Sales in Sarasota provides options that are attainable for any driver on any budget. If you think that vehicle ownership is out of reach, think again! We offer financing to get you behind the wheel and on the road. For more information on our inventory and offers, visit our website or stop by the dealership, located at 2811 Bee Ridge Road in Sarasota.