Owning a car is a major financial commitment. There are benefits to buying a pre-owned car instead. A pre-owned car can help you get the most for your money while saving up for your dream car. Here’s why you consider purchasing a used car instead of a new one.
NOTE: Come and talk with our car experts if you are in the market to buy a new car. Our specialists at the Cambridge premium used car dealership can help.
Benefits of buying a used car
– Cheaper annual registration fees
When you choose a certified pre-owned vehicle, you have the advantage of lower annual registration fees. The reason behind this is that most states include the model of the car when calculating its value. If your car is 3 years or older, you are going to be saving money as its registration fees will be lower.
– Lower tax
The advantage of a lower price of a pre-owned car is that you will pay fewer taxes. The total tax you will be saving depends on the state you’re in but the tax on a used car will generally be less than a new one.
– Pre-existing warranty
Depending on the CPO vehicle, your car might come with its original warranty. Some cars have a guaranteed warranty up until a certain mileage or for several years after purchase. If it doesn’t, you can still get a warranty on it. Either way, you are guaranteed great quality parts.
– A used vehicle still works great
If you are buying a pre-owned car from a reputable car dealership, you can trust that your car has undergone expert inspection before sale. Certification for used cars happens only after they have undergone all checks and repairs.
Should I buy a new or used car?
Most people invest in new cars without budgeting and end up in debt. With the rising cost of gas, insurance premiums, and maintenance costs, everyone needs to save where they can. If you are trying to save money, cannot afford a brand new vehicle, or don’t want to throw yourself into debt, a used car is your best bet. A used car will allow you to get to your destination, without costing a fortune.
A pre-owned car will also contribute to helping the environment by preventing the car from going into waste and landfills. Millennials are turning towards a pre-owned vehicle as it helps them to gain a new ride while reducing their eco-footprint.
Factors to consider when buying a car
If you’re ready to invest in a used vehicle, make sure you ask for documentation so you know about the car’s history. Most cars will be inspected but you should not take this for granted. CPO cars will be a little expensive compared to non-CPO cars but you will have the peace of mind that your car does not have any undeclared issues.
If you can’t afford the cost of the car right now, you can take advantage of car financing rates at a car dealership. You will be available to find great rates and a monthly payment that works within your budget.
SPECIAL INTEREST AUTOMOBILES are professional dealers with pre-owned cars you can trust. Our professionals are very welcoming and are ready to offer you the best value vehicle for your money so that you can leave satisfied with your new, used car.
Since 1986, we have been passionate about providing exceptional service to automotive enthusiasts in Cambridge, Ontario, and beyond.
Our journey began with a love for muscle cars and a dedication to their restoration. Over the years, our knowledge and expertise have expanded to encompass a wide range of vehicles, making us a trusted full-service automotive center for car enthusiasts and everyday drivers alike.
Today, Special Interest Automobiles is proud to offer an extensive range of services, from selling carefully curated vehicles to servicing all car makes and models.