A used car can provide the same satisfaction as a new car. If you are eyeing a Hyundai car but you are having a hard time choosing between a new or used one, here are seven benefits of purchasing a used Hyundai:
1. Lower Price
Used cars are always cheaper than new ones. Your budget may only afford you an entry-level or base trim Hyundai on the new market, but that same budget could buy you a significantly better equipped or more luxurious used car in a higher trim.
2. Certified Pre-Owned Options
Hyundai dealerships offer a large selection of Certified Pre-Owned models for those shoppers apprehensive about used cars. All Hyundai Certified Pre-Owned vehicles undergo a comprehensive quality assurance inspection performed by professional technicians. Additionally, they come with a manufacturer-backed warranty. The requirements for certification include:
- A maximum of five years old with less than 60,000 miles
- A clean, non-branded title as verified by a Vehicle History Report
3. Less Depreciation
New cars are subject to the inevitable law of depreciation, making used cars an ideal choice, especially if you also plan to sell later. A new car loses value as soon as you drive off the lot. Although some models handle depreciation better than others, you can expect a brand-new car to lose about 30-percent of its value in the first two years of ownership.
4. Variety
When you have no problem with used cars, you have a virtually endless supply of inventory to choose from. You are not limited to models that were released over the past year or two. Also, whether you are looking for a car, SUV, van, or other vehicle type, there’s sure to be a suitable pre-owned option that fits your lifestyle and needs.
5. Less Stress Over Dings and Bumps
A practical benefit from buying a used car is you do not have to be the first person to put a scratch on it. A spotless new vehicle creates a stressful situation for many drivers when it gets a bump or a scrape. Since you are not the first owner, you might find yourself much less stressed if you accidentally ding a used vehicle’s door.
6. Lower Insurance Rates
Insurance companies consider the car’s value when determining rates since the more valuable a vehicle is, the more money they will have to shell out in the case of a wreck. A used car will cost less to insure than a new one due to depreciation.
7. Cheaper Registration Fees
Your annual registration fee rate is based on your car’s value and model year in most states. It is highest in the first three years but levels off after five years. Buying a vehicle that is at least three years old will save you about a thousand dollars in new and annual registration fees.
Contrary to the false impression that purchasing a used car means settling for an unreliable vehicle, buying a used Hyundai comes with plenty of benefits. Visit Rath Auto Resources in Fort Smith, AR, to check out our collection of used Hyundai models.
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