Benefits Of Purchasing A Pre-Owned Car At NB Motors
Are you in the market for a reliable and high-quality vehicle? Chances are, you're debating whether or not you should buy a pre-owned car over a brand-new one. To help make your decision easier, we will explore the benefits of purchasing a pre-owned vehicle at NB Motors.
Less Depreciation
Did you know that new cars depreciate by roughly 10% the moment it leaves the lot? That means if you buy a new vehicle that costs $25,000, it will automatically be worth $2,500 less by the time it reaches your driveway.
Thankfully, this is different from used vehicles. While vehicles will continue to depreciate until it reaches the value of the metal itself, used cars depreciate far slower than new ones. Slower depreciation will ultimately benefit you, as the owner, if you choose to sell that vehicle later. After all, when you are ready to find your next car, you will want to get as much money back as possible for your current vehicle.
More Affordable Prices
As mentioned before, when you buy a used, you aren't the one taking on the majority of depreciation that occurs with a vehicle. Even if a car only has 10,000 miles before being traded in, the price for that vehicle will be much more affordable to you since it has had a previous owner. Not only that, but many used vehicles are in like-new condition. In conclusion, you can find a used car that looks brand-new for a price far less than the actual brand-new tag.
Financing Options for Those with Challenged Credit
New car dealerships have a reputation for selling their vehicles to drivers with excellent credit. However, let's say you fall into the bad to moderate credit category. In that case, financing a brand-new car may be more complex and require you to compromise your budget or options.
There are ways to improve your credit score; however, at NB Motors, we are proud to help clients of all credit backgrounds finance the right vehicle at the right price. Including those with non-existing and bad credit through our first-time buyers' and credit re-establishment programs!
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If you are ready to get behind your next vehicle's wheel, our NB Motors team is here to help. Contact us today, and we will be happy to help you get started!
