There is a hot debate around buying used cars. Should you buy used cars in Philadelphia? Wouldn’t it be better to buy a new car? What about CPO vehicles? In this article, we will discuss the pros and cons of buying a pre-owned vehicle and then discuss Certified Pre-owned vehicles. You will decide yourself if buying a used car is beneficial to you or not. Spoiler alert: you may find that a used car is a better choice in most situations. However, finding the right vehicle may not be as simple as you think. Read on to find out why!
Why Choose a Used Vehicle?
We all want a brand new car. The smell of a new car is great, we agree. However, not all of us have tens of thousands of dollars to spend on a new car. And money is not the only problem. Did you know that a new car loses 20% of its value in just a year? Or that a car that is just 5 years old is most often sold for just half of its original price? The tow statistics above are just two of the reasons to choose a pre-owned vehicle. You won’t have to deal with depreciation and won’t have to pay a small fortune for a new car. The insurance premium will also be significantly lower than that of a new car. As long as the car you’ll be buying has been properly maintained, you shouldn’t have any issues with it for quite a long time. A modern car will keep going for more than 100,000 miles with minimal maintenance.
Cons to Buying a Pre-owned Car
We won’t lie to you. There are some disadvantages to buying a used car. The obvious problem is the fact that you don’t know how the last owner drove the vehicle and how he maintained it. Service intervals are very important. The quality of the parts and the oil used to service the vehicle are also quite important. There is always a risk when buying a pre-owned car. You can buy a lemon car even from an experienced car dealer in Philadelphia. In most cases, the dealer does his best to describe the vehicle as accurately as possible. But it can be pretty difficult to spot hidden flaws. Another problem with buying a used car is that you may not get a warranty for it. You can’t return the car to the dealership once you buy it, unfortunately.
Do You Know What Certified Pre-owned Cars Are?
If you’re on the market for a used car, you’ve probably heard about CPO cars. If you’re not sure what this is, let us explain. CPO stands for Certified Pre-owned. In other words, the car has been inspected thoroughly by the manufacturer or by a certified company. The vehicle has been refurbished as well. This means that a CPO car is the safest used car on the market. For your peace of mind, you will also get a warranty. However, a CPO vehicle is more expensive than a regular used car. If you want a reliable used car and value a warranty, a CPO car is the perfect choice for you. And keep in mind that you can get more favorable terms on a loan if you buy a certified pre-owned car. If you are willing to pay more for a guaranteed reliable vehicle that has passed rigorous inspections, a certified pre-owned car is the perfect choice for you. Just remember that car dealers won’t be able to give you a significant discount on these cars. You can still negotiate though.
Buying a used car is a good choice if you don’t want to break the bank, if you don’t want to see your vehicle’s value depreciate fast, and if you want a good car for half the price of a new one. However, you need to remember that buying a used car carries some risks. You never know how the car was driven or how it was maintained. A seasoned mechanic can tell you a lot about the car, so don’t hesitate to get the car inspected as soon as possible after you purchase it. It is also a great idea to service the car ASAP (don’t forget to replace the distributor). By investing some money after you buy your pre-owned car, you will most likely avoid a lot of problems later on.