There are many benefits to buying a used car instead of a new one. Here at Mountaineer Mitsubishi, we always look for the best way to save you money and put you in a car we know you’ll love and will last years to come. We have used cars ranging from 1995 to 2018 at great prices, but let’s not get ahead of ourselves. Let’s look at the benefits of buying a used car.
Depreciation You’ve heard it before. A new car loses a good amount of its value the second it leaves the lot. That amount can reach up to 40% in the first year as wear and tear takes its toll. If you buy a used car, there’s no second depreciation as soon as it leaves the lot; it will maintain its value and depreciate at a much slower rate.
Wider Selection New cars are, well, new. That means the “new” tag comes in a limited selection that will change year after year. Buying used means you can essentially jump through time. There’s no real limit on the inventory you can search and a wider selection is more competitive so you can get the best deal.
History Reports With a new car, you know you’re the first owner – but that comes at a price. Thanks to modern technology, like CarFax and KBB.com, you can check out the history on a used car down to the oil change records. You can see if it was in an accident, has a salvage title, and any other work that was done. As a result, you can be confident in the vehicle you’re buying. Best of all, most reputable dealers, like us, will provide you with a vehicle history report for free so there’s no extra cost to you!