Most people who shop for a car are on a budget and want to get the most for their money. Buying a used vehicle may make the most sense for those who are looking for something that is affordable and that will last for years to come. Why are used cars worth buying?
Used Cars Don’t Depreciate as Fast
The best part about buying from a pre-owned Chevy dealer in Romeoville is that you don’t need to worry about depreciation. New vehicles can lose up to 25 percent of their value the second that they are driven off of the lot. Conversely, used vehicles may not depreciate 25 percent for two or three years after they are purchased. This means that you have an opportunity to accrue equity in an asset that can be used as collateral for a loan or as a trade when buying your next vehicle.
There Is a Wider Selection of Used Cars
When you buy from a pre-owned Chevy dealer near Romeoville, you will be able to choose from a variety of models and model years. In fact, it may be possible to choose from vehicles that are not made by Chevy. This is because the dealer may put any trades it receives up for sale to anyone who is interested in purchasing them.
You May Be Able to Lease Used Cars
In some cases, you can lease a used car to further save on your monthly payment. With a lease, you are only paying for the portion of the vehicle that you are going to use over the next two or three years. Depending on how the deal is structured, you could keep any equity accrued while you have the leased vehicle.
