If you’re looking for a reliable SUV in which to transport your growing family to and from all the places they need and want to go, your first thought may be to shop for a new one. But given the exorbitant prices of most new vehicles nowadays, you may wish to consider buying a low-mileage used SUV instead.
Before you cringe at the idea of buying a used SUV from a used vehicle dealership, realize that if you do your homework ahead of time, just as you undoubtedly would if shopping for a new SUV, you can be assured of finding just the right vehicle for you and your family at just the right price.
For instance, the Southwest Motors full line up of used SUVs gives you the opportunity to choose not only the make of vehicle you want but also things such as the following:
- Price range
- Trim package
Used SUV Advantages
It goes without saying that buying a used SUV can save you considerable money as compared to buying a new one. But other advantages exist as well, some of which you may not have thought about. Depreciation is one of those advantages. Everyone knows that a new vehicle depreciates as soon as you drive it off the lot. Some experts report that this depreciation can be as much 11% by the time you get it home. At today’s prices, this can mean your vehicle immediately lost $3,000 or more in value. That doesn’t happen when you buy a used SUV. Not only has most of its depreciation already occurred, but some popular SUV models actually appreciate in value over time.
Furthermore, if you choose a reputable used car dealership, you can rest assured that it has thoroughly inspected your SUV and repaired any damage it may have sustained at the hands of its previous owner. If you choose a low-mileage used SUV, it may even still have time remaining on its original warranty.
Don’t forget the lower insurance premiums your used SUV will gain you. If nothing else, you need not buy expensive gap insurance to make up the difference between your SUV’s purchase price and its actual worth should you have an accident that totals the car. In addition, your taxes and registration fees will likewise be lower with a used SUV.
Buy Here, Pay Here
If you have less than stellar credit, another advantage to buying a gently used SUV is that many dealers offer “buy here, pay here” financing. In other words, you can take care of all of your financing details directly with the company to which you will be making your payments. Also, don’t forget that you may well be able to negotiate more things about your SUV’s financing at a reputable used car dealership than you likely would be able to do at a new car dealership.
All in all, whether you’re looking for purchase price savings, an affordable financing arrangement, insurance and registration savings or simply the best overall deal you can find, buying a used SUV may be just the option.
Latest posts by Will Hopstetter (see all)
- Do Pickup Trucks Hold Their Value? - September 21, 2020
- Top 10 Performance Parts to Consider Upgrading on Your Car - September 15, 2020