Reasons to Buy a Budget-Conscious Pre-Owned Vehicle
Budget-minded pre-owned cars are a fantastic alternative for many shoppers looking to keep within their given budget, obtain something for a new driver, fulfill a temporary need, simply bypass car financing altogether, or any amount of personal reasons. While buying a new car is often a goal for many individuals, there are several attractions for shopping used. The most frequent among these reasons are that used cars and trucks depreciate less over time, are dependable and reliable vehicles, and commonly do not cost as much to insure as a less dated model.
An inescapable reality of automobile ownership is a little matter of depreciation. According to Kelley Blue Book, the typical car can lose up to 60% of its value over the first five years, regardless of model or make. Likewise, shopping pre-owned allows savvy car shoppers to use depreciation in their favor. Acquiring a model that is just a few years old means getting a reliable model for a fraction of the original price. Overall, shopping for a cost-effective used car or truck means saving money on the initial purchase and maintaining better value over time.
Safety & Reliability
We stand behind the quality of our stock of pre-owned cars. Our entire inventory of used cars, trucks, SUVs, and vans undergo a thorough repair and inspection process before being certified for resale. This includes safety above all. Safety is based on the year, make, and model you're purchasing, and not a matter of being pre-owned or not. A Consumer Reports study suggests that features and reliability do not undergo any significant reduction until after a vehicle's 6th year. Of course, with all vehicles, mileage is often a better indicator of reliability than age.
Decrease Insurance Premiums
When it comes to budget-conscious car buyers, reducing expenses often includes the price of car insurance. As suggested by NerdWallet, a major factor of vehicle insurance premiums is actually the car itself. How much is it worth? What do parts cost? How safe is it? This aspect of automobile insurance is the guarantee against the cost of the replacing or repairing damage to your vehicle. Due to this, shopping for a dependable, affordable, and safe pre-owned car can significantly lower your monthly premiums. Overall rates, however, are often significantly influenced by your own driving profile, including age, credit score, and driving history.
Oklahoma City Affordable Used Cars Under $15K
Visit Bob Howard Buick GMC online or in-person to view our selection of budget-friendly vehicles for sale under $15K in Oklahoma City, OK.