Are you looking to replace your car soon? You might be tempted to purchase a brand-new model, but it may actually be in your best interests to go with a used vehicle instead. Here are just a few reasons as to why buying a used car is a great idea.

1.       New cars depreciate faster

The moment you drive a new car off the lot, it drops in value. Within the first three years of ownership, its value can be reduced by up to 50 percent. While you may be glad that you purchased a new car with almost no miles, you’d ultimately be getting more bang for your buck by going with a used model with low mileage that won’t depreciate so rapidly.

2.       Some used cars are Certified Pre-Owned

Certified Pre-Owned (CPO) cars are like the premium version of your average used car. Not only do they come with a manufacturer certification, but normally you also get some type of additional warranty, free roadside assistance, a free loaner car, and numerous other benefits.

3.       There’s more variety

Do you have your eye on a specific type of vehicle that is no longer in production? You’ll have an extremely difficult time finding one that’s brand new. However, if you open your searches to include used vehicles, then you’ll have better luck finding discontinued models, such as the Chrysler PT Cruiser, the Chevrolet HHR, or the Ford Ranger.

4.       Insurance rates may be lower

When an insurance company determines its rates for customers, they look at the market value of the covered vehicle. A vehicle that’s considered to be more valuable will have a higher insurance rate, while something that’s perceived as less valuable will most likely have a lower rate. A used vehicle may be in near-pristine condition, but will still qualify for low insurance rates since it’s used, allowing you to save some extra money.

5.       There are better deals

At the end of the day, buying a used car means being able to take advantage of better deals. Some used cars that are for sale may simply be marked down because they are former loaner vehicles or discontinued or showroom models. That means you can potentially get a car with extremely low mileage at a fraction of its normal retail price.

Find High-Quality Used Cars in Fair Lawn, NJIf you’re looking for quality used cars for sale in Fair Lawn, NJ, Jack Daniels Kia is the dealership for you. Give us a call or contact us online today and ask about taking a used model for a test drive.