3 Benefits of Buying a Used Vehicle in Swansea MA

Aug 19, 2019

3 Reasons to Buy a Used Vehicle in Swansea MA

If you’re an individual living in the Swansea, MA or Fall River, MA area that’s looking for a new vehicle, you should really consider getting one that’s slightly used! A used vehicle, especially one that’s only a year or two old, offers a ton of great benefits for you to enjoy. These benefits range from monetary to peace of mind, and each is guaranteed to sweeten the deal. Continue reading to learn more about three key benefits of a used vehicle you can enjoy!

1. Buying Used Saves You Money

One of the major and most commonly known benefits of a used vehicle is that it saves you a ton of money in the long and short term. Typically, a used vehicle will cost about 50% less than a new vehicle, and so you’ll be able to pay the vehicle off faster and save yourself money upfront and over time!

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2. Depreciation has Already Occurred

A used vehicle also helps you save money in a very different way! Depreciation is a big killer of your vehicle’s value, removing nearly 10 percent of its value the moment you buy it and leave the lot. Then, over the course of the first year, another 20 percent can be lost. This means that your $30,000 vehicle has lost nearly $10,000 in the first year, but your loan still lists the vehicle at $30,000, and you’re still paying that price. That’s a massive loss in value! A used vehicle doesn’t suffer this depreciation as quickly, losing only a few percentage points every year it’s owned. This means that when you take a loan for a used vehicle, you’re actually paying what it’s worth!

3. Certified and Inspected

Certified Pre-Owned Vehicles are some of the best possible used vehicles on the market. They’re a great way to be sure you’re getting a quality, inspected vehicle from a trusted dealership. These models have been inspected, refurbished, and certified by the manufacturer, giving you greater quality out of the gate.

These are just three of the many benefits that you can enjoy when buying a used vehicle from our dealership! To learn more about used vehicle benefits, or to test-drive our used vehicles today, contact our dealership!