8 Advantages of Buying a Used Car - Make Your Decision Bulletproof!
For many car shoppers, a certified pre-owned vehicle from Koons Mazda of Silver Spring represents the best of both worlds. The advantages of buying a used car or a CPO are numerous, here are just a few:
1. They Cost Less
Used cars are significantly more affordable than new vehicles, making them an excellent choice for budget-conscious buyers. If you're looking to save thousands of dollars, consider shopping for your preferred model from a few years back.
2. Less Depreciation means a Better Investment
New cars lose value the moment you drive off the lot—and they continue to depreciate rapidly, often losing up to 40% of their value in the first year. In contrast, used cars depreciate at a much slower rate after their initial year, making them a smarter and more stable investment.
3. Lower insurance rates
Car insurance premiums are often lower for used cars than for new ones. This means you’ll not only save on the upfront cost of the vehicle but also enjoy monthly savings on insurance. The affordability of used cars shines through in more ways than one.
4. Many Used Cars Include a Warranty
Worried about warranty coverage? Many used cars at Koons Mazda Silver Spring are still under their original factory warranty. For example, vehicles returned after three-year leases often retain the remaining two years of a five-year warranty. Certified Pre-Owned (CPO) vehicles also undergo rigorous inspections and often come with extended warranties, giving you peace of mind with your purchase.
5. Avoid Hidden Fees
When you buy a new car, hidden costs like shipping fees and dealer prep charges can add hundreds of dollars to the sticker price. With used cars, these hidden fees are typically nonexistent, allowing you to stick to your budget without surprises.
6. Options With the Premium Price
Features like roof racks, sunroofs, or premium coatings can significantly increase the price of a new vehicle. With used cars, these extras have much less impact on the overall cost, giving you access to added features at a fraction of the price.
7. A Broader Selection
While you may not be able to customize the color or trim of a used car, you have access to a broader range of options. You can explore models and years that may no longer be in production, opening up possibilities for finding a unique or discontinued favorite.
8. Total Confidence Pricing on Every Used Cars
At Koons Mazda Silver Spring, we take the guesswork out of pricing with Total Confidence Pricing. Using tools like TrueCar, AutoTrader, and Kelley Blue Book, we ensure our used cars are priced competitively to match the market. This means you can drive away with confidence, knowing you got a fantastic deal on a vehicle you’ll love.
When you’re ready to find a reliable and affordable vehicle, visit Koons Mazda Silver Spring. With a wide selection of quality pre-owned cars, Total Confidence Pricing, and a focus on customer satisfaction, we make buying a used car easy and stress-free. Stop by today or explore our inventory online to find the perfect car for your needs!