Why Buy Used | Little Rock, AR

Why Buy Used
There are many reasons that drivers choose to buy a used car instead of a new model. There are quite a few factors involved, but one of the main reasons is to save money. Here are a handful of ways that used cars can be better than new models.

Price

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Insurance

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Financing

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Price

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Side by side, a new car will almost always cost more than a used model. This is due to the depreciation that new cars experience as soon as they leave the lot under new ownership. Depreciation can reduce a car’s value by up to 40 percent.

Fortunately, used cars have already had at least one owner, meaning that they don’t experience depreciation. Used cars will retain their value for a longer period of time after they leave the lot under new ownership.