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Why Buy Used | Little Rock, AR

Why Buy Used | Little Rock, AR

Why Buy Used | Little Rock, ARBuy Used Vehicles in Little Rock, AR
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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.

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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.

What Sets Used Hondas Apart

For many consumers, buying used is a solid option during the car-shopping process. When you do so, though, how do you decide which brand to buy? Here, we look at some reasons why you should consider buying a used Honda model.
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When you purchase a vehicle, you want to make sure it will hold its value well. A used Honda vehicle will likely hold its value quite well, compared to its competitors. Recently, four Honda models received the honor of being included in the 2019 ALG Residual Value Awards.*
 
The Honda Fit was awarded in the subcompact segment, and the Accord received recognition in the midsize car segment. For the midsize utility third-row seating segment, the Honda Pilot was recognized, while the Odyssey took home the award for the minivan segment. These awards mean that the above models will continue to hold their value as they grow older – something that current used Honda models have also done.
 
You should also note that, when you purchase a brand-new car, it loses 30% of its value within the first year of its life. Purchasing a used Honda vehicle means your vehicle’s value will depreciate less than its new equivalent.

Check out the selection of affordable used cars at Russell Honda.

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6100 Landers Rd
North Little Rock
AR
72117

Hours

  • Monday
    8:30am - 7:00pm
  • Tuesday
    8:30am - 7:00pm
  • Wednesday
    8:30am - 7:00pm
  • Thursday
    8:30am - 7:00pm
  • Friday
    8:30am - 7:00pm
  • Saturday
    9:00am - 7:00pm
  • Sunday
    Closed

Contact Information

6100 Landers Rd
North Little Rock, AR 72117
Phone: (501) 835-8996
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