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Advantages to Buying a Used Vehicle | High Point, NC

Buying new and used both come with unique advantages. When you choose a used car, you’ll save money upfront, enjoy long-term savings, and you’ll get to choose from a larger selection of vehicles. Here’s a look at a few reasons to consider buying used.


Depreciation


When you buy a used car, you won’t pay for its depreciation. That depreciation has largely already happened, which is why you’ll save money upfront.


Insurance Costs


Insurance premiums for used cars are significantly lower than those for new cars. In the event of an accident, an insurance company would have to pay a higher amount to repair or replace a brand-new vehicle. Since used models are cheaper to repair or replace, your insurance company will pass those savings along to you.


Variety


New cars are limited to the current year. Used cars cover all the years before, giving you a much larger assortment from which to choose. This also allows you to save money and still enjoy lavish trim options.


Less Risk


Lower risk can often come when buying a used car due to the sheer amount of data there is on the vehicle. Thanks to years of documentation, it’s much easier to choose a model that has a low cost of ownership, a good reliability score, and a solid resale value. Plus, modern cars last longer, so when you buy used, you can count on that vehicle having a long, useful lifespan.


It’s easier to do your homework


Nowadays, you can go beyond researching makes and models — you can request a comprehensive vehicle history report. These reports detail the vehicle’s number of previous owners, service history, history of accidents, and other vital records. This makes it easier than ever to make an informed buying decision.

If you’re looking for a high-quality, reliable used car, come to High Point Mitsubishi.

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