6 Smart Reasons Why You Should Buy a Used Car

Used cars, or ‘previously owned’ as they are often referred, get a bad rap. When most people think of a used car they envision a rusted hulk that bangs and clatters its way about town. In reality, though, used vehicles are more advantageous to buyers in most ways. Check it out:

bronx preowned cars

Reliable

The image of a grubby beat up ‘used car’ has been such a trope in television and film that it’s hard to shake the image. Admittedly, this depiction was true at one point in time when vehicles were constructed of less reliable materials and to less exacting standards. However, modern automobiles are made with high-grade plastics and other long-lasting materials. It’s not as easy today to pick a decade-old vehicle out of a lineup, these things are made to last.

Affordability is the Word of the Day

While vehicles are made to newer standards, the business model that creates them rests firmly in the past. Brand-new vehicles are extraordinarily expensive compared to their used counterparts, losing 1/3 or more of their value as soon as they hit the street. While this model seems to be working fine for automobile manufacturers, its a terrible system for consumers that basically turns a new vehicle into the worst investment ever. Used vehicles exchange a little wear and tear for a much more reasonable value that ultimately benefits the buyer.

Certified Pre-Owned is the Way to Go

Several enterprises use fleets of vehicles or, in the case of dealerships, run lease programs on a per-vehicle basis. These vehicles are sold to dealerships in big lots and labeled as “Certified Pre-Owned” or CPO. A CPO vehicle has generally been well-maintained and kept to exacting standards as part of a company driven regimen. As a result, it’s not unusual to find a decade old vehicle with relatively low mileage and a long history of maintenance and care. The only potential pitfall with this approach is in the case of vehicles coming from high-turnover enterprises such as rental companies, where the vehicles suffer a great deal of abuse in a short time before being sold off. That’s where…

Vehicle History Reports Come in Handy

Vehicle history reports have become widely available to consumers in recent years due to the efforts of services such as Carfax and AutoCheck. These reports, based on the Vehicle Identification Number (VIN), contain information regarding when, where and by whom a vehicle was owned. If you are looking for a Certified Pre-Owned vehicle, it is definitely worthwhile to check out the report and see if the previous business owner was a high-turnover enterprise. Additionally, you can also scope out any other undesirable factors such as accident and flood damage.

Custom Job

Anyone who has purchased, or thought about purchasing, a new vehicle will tell you that there are endless options to add on and each addition generally costs a hefty amount extra. Rather than spend a small fortune customizing a new vehicle, you can take advantage of someone else’s decision to do so and save a great deal of money in the process. Using one of many search tools available today, like AutoTrader, you can often find a used vehicle with all the features you desire at a fraction of the price you’d pay for those exact same options on a current year version of that same vehicle. Both situations have you selecting custom options from a list, but only one of them has you paying full price. Speaking of payment…

Used Financing Comes With Perks

With the rise of Certified Pre-Owned programs, large auto manufacturers have begun to offer package financing deals for their respective satellite networks of dealerships. So, while a straight loan for a used car from a bank will generally have a higher interest rate, special financing options offered by the manufacturers themselves are still very attractive.

The takeaway message from this list is pretty straightforward. You can go to a new car dealer and select from a list of available trims and options, wrangle financing the enormous price tag into something manageable per month and walk away satisfied (and broke)…or you can go to a used car dealer, select from a list of available trims and options, take advantage of special CPO dealer financing and walk away satisfied (and not broke). The choice is yours. We at Yonkers Automall proudly sell used cars and would love to show some of them to you. If you find yourself in the Yonkers area, come by and visit our lot at 1716 Central Park Ave. We’d love to show you around.

Bronx Used Car Dealer | Mt Vernon Preowned Finance

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1716 Central Park Ave
Yonkers, NY 10710