4 Reasons To Buy Used Rather Than New Cars

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During the holidays when everything seems to sparkle, it's easy to get caught up in the excitement of making all kinds of purchases. When you add a vehicle to your list of Christmas gift ideas, resist the temptation of getting a new car and opting for a used car instead:

New Car Depreciation


The value of your new car or truck takes a big hit as soon as you pull out of the Boise, Idaho, car lot. In fact, it's estimated that new vehicles lose as much as 11% of their value in those first few moments. Sadly, depreciation continues over the weeks and months after the holidays. When you buy a pre-owned car from a used automobile dealership, that depreciation has already happened.

 Lower Insurance Costs


The age of a car, its make, and model, all have an impact on how much your insurance costs, but new cars tend to be worth more than pre-owned cars. They may also cost more to repair and replace. All of these factors influence the amount you'll pay for insurance. Check with your auto insurance provider to better understand which factors affect your premiums and deductibles the most.

 Lower Fees


In addition to the hidden fees that many dealerships slip into their costs, you'll have annual registration costs to take into account. These expenses are generally lower when you buy a used car. You may also find that customizing your pre-owned car is less expensive than customizing a new car.

 Affordable Reliability


Today's pre-owned cars are inspected by professionals, certified, and protected by warranties. This usually means that new warranties are available and often means that some of the original warranty is still in place. Extended manufacturer warranties may be available and are often easier to afford because you don't have to pay the high purchase price of a new car.
Shiny, pretty new cars and trucks are especially enticing during the holidays, but a used car offers much more in the way of Christmas savings. Surprise your special someone with a gift that doesn't lose value after it's been opened. When you place costs and benefits side-by-side, your gift of a used vehicle delivers a much more positive impact than that of a new car.

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