Benefits of Buying Used at Mathews Chrysler Dodge Jeep Ram of Mount Vernon
Buying used cars offers numerous advantages for drivers in Mount Vernon, OH. Of course, if you'd like to extend your savings, you should shop around for the best deal regarding quality and selling price. Shopping for a used vehicle can be hectic if you don't know where to visit or what to consider. If you'd like to save money while getting the same level of joy and user experience as buying a new car, opting for a pre-owned vehicle is a wise decision. Get started by checking our our used cars for sale!
Saving Money
The first and most obvious benefit of buying a used car instead of a new one is the cost-savings of the buying price. Drivers around Newark who are looking for a good vehicle without breaking the bank will appreciate the used car inventory at our dealership. Buying a used car enables you to drive the model or trim level you love at an affordable price. Generally, used vehicles will cost about 50 percent lower than a brand-new vehicle. When you buy a used car near Delaware, you will be able to pay for it faster, saving you more money on the overall cost.
Lower Insurance Premiums
Drivers around Columbus that are in the market for an affordable vehicle will appreciate the used cars in our inventory. These vehicles have lower running and maintenance costs since they usually have lower insurance premiums. If, for example, you get into an accident with a new car, the insurance company will only cover the car's value at the time of the accident, creating a gap between the purchase price and the car's actual value.
Gap insurance fills the void. The difference between the price you paid for a new car and the depreciation value will get covered by gap insurance, but the cost will get added to your insurance premium. On the other hand, you do not need gap insurance for secondhand cars because depreciation has already occurred.
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Reduced Registration Fees
You may think you are getting a great deal on a new car, but hidden fees like registration fees, shipping, dealer prep, destination fees, and many more can quickly add up and raise the initial cost of the vehicle to astronomical amounts. Some sellers will add advertisement fees to the purchase price of the new cars they sell. These fees do not apply to used cars. Buying a pre-owned vehicle around Westerville, OH is a good idea if you wish to avoid these fees and get reduced registration fees.
Better Environmental Aspects
When you buy a new-to-you vehicle instead of a brand new car from the manufacturer, you do your part to help save the environment by reducing waste. Besides getting more bang for your buck, you can also appreciate that your decision has helped save the environment. Buying used cars gives you the peace of mind that you have reduced your carbon print.
Less Depreciation
A new car will depreciate by a larger percentage once it leaves the lot or the showroom. It makes economic sense to go for a used vehicle that has already depreciated over the years. Once the new car leaves the dealer, its value decreases by about 11 percent. As time goes on, the value of the car decreases even further.
Depreciation is well underway for secondhand automobiles. Thus, they will experience less depreciation as years go by, and some classic vehicles may even appreciate over time. Visit our dealership today for a cost-to-own calculation for a vehicle of your choice. We have reliable and high-quality vehicles in our inventory for you to explore.
Visit us today at Mathews Chrysler Dodge Jeep Ram of Mount Vernon for a great deal on used cars. You can schedule a test drive or stop by for friendly service.
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Mathews Chrysler Dodge Jeep Ram of Mount Vernon
500 Harcourt Road
Mount Vernon, OH 43050-3920
- Sales: (740) 397-6002
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