Primarily, people think of a used vehicle and picture a clunker in various shades of one color with rust all around, chipped paint, and a cheap price. While these are available, those in New Lenox can also find pre-owned vehicles that still look and feel like newer models. Many people would prefer to buy a never-driven-before Mazda because it would be a wonderful and exciting experience. However, most people can’t afford such a luxury and have to settle for secondhand vehicles, which can be beneficial!
Price
The primary advantage of a used Mazda in New Lenox is that you get the car for a lower price. Newer vehicles can cost thousands of dollars, but secondhand ones may only cost a couple thousand. Likewise, you may not need financing if you have a little bit of money in your savings account.
Depreciation
Any vehicle you purchase will depreciate very quickly. In most cases, they lose up to 40 percent of their value, just in the first year. This means that when you’re ready to sell, you’ll only get about 20 to 40 percent of what you paid, minus financing fees.
Extra Fees
Newer vehicles usually can’t be purchased without financing help, which means you’re paying extra charges for the salesperson and financer to be brought into the situation. Likewise, you’ll have processing, advertising and other fees with newer vehicles. However, a pre-owned vehicle will have fewer costs associated with it, making it less expensive.
Certified Pre-Owned
Almost all dealerships offer certified pre-owned vehicles, which means they’ve been checked for every anomaly and may come with limited warranties. Likewise, you can purchase extended warranty coverage and may have the option of exchanging it within one to two weeks.
