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Why Buy Used?

Why Buy a Used Car


When it comes time to purchase a new vehicle, you have to make a decision between purchasing a new vehicle, purchasing a used vehicle and leasing a vehicle. While each option has its benefits, buying a used vehicle is a great choice because it can help save you money and can allow you to drive the vehicle you want.

Here at Bakersfield Mitsubishi in Bakersfield, CA, we have a wide assortment of used vehicles available. To find the perfect ride for you, we encourage you to stop by our dealership and take a test drive in one of many vehicles.

Lower Depreciation


If you purchase a new vehicle, the vehicle’s value will decrease by about 20% when you drive away from the dealership and will decrease by another 10% within just a year of ownership. Buying a used vehicle results in a lower depreciation, meaning your vehicle will lose less value when you purchase it.

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Reduced Car Insurance

 

Your car insurance is based on your vehicle’s worth. For new vehicles, you will accordingly have higher insurance, since new vehicles have higher values. When compared to a new model, the insurance for a used vehicle tends to be lower since it has less value, saving you money over time.

Reduced Registration Costs

 

Used vehicles usually carry a smaller price tag than their new counterparts, which will save you more money upfront. With a lower transaction price, you can also have lower registration fees in many states, so you’ll have to pay even less for a used vehicle.

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More Variety

 

When you choose to buy a used vehicle, you will also have more vehicle options that you can afford. In other words, you can afford a more luxurious vehicle if you purchase one that’s a couple of years old since used models are less expensive than new, equally luxurious models.

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