Dan Pfeiffer Used Car Model Overviews - Grand Rapids
We've compiled some model overviews for the most popular brands that we sell. Click the logo to go to each brand, and read below to see some advantages of buying a used car.
Buying a new vehicle is one of the best feelings in the world – finally, a car is yours (once you pay it off) and you can do whatever you want to it. While buying a new car is great, you could get an even better car if you buy used. There are plenty of advantages to buying a used car, ranging from price to selection. Here are just a few reasons you should consider buying used instead of new:
Lower price. One of the top reasons people buy a used car is due to the price. Used cars generally have a lower price than their new car counterparts. That means you can get a car that’s a year or two older and save a couple thousand dollars. Alternatively, you could also step up to the next used model for the same price as a new car.
Less depreciation. New cars also depreciate as soon as they leave the dealer’s lot. Sometimes this decline can reach up to 40% or more of the car’s value within the first year. Used cars don’t experience depreciation as they’ve already been driven off the lot as a new car. That means a used car is worth exactly what you paid when you left the lot for the first time.
Cheaper insurance. Used cars also won’t cost as much to insure as new cars. Insurance rates are affected by the value and age of a car. A used car is generally less expensive than a new car of the same model, meaning you’ll pay less in insurance costs over the life of the car.
Plenty of choices. New cars are limited to a specific set of models that are only “new” for one year. After that, a new model rolls off the line and onto lots. With used cars, you can handpick exactly the car you want, whether it’s discontinued or a run-of-the-mill sedan.