Do you need to buy a car? You may be weighing out the decision as to whether to buy a new or used car. Often people want a new vehicle because it is a fresh start but is that really a wise investment? When researching the pro and cons of buying a new vehicle versus a used one, you may be surprised to see the many benefits of buying a used car. Longhorn Motors & Trailer Sales, Inc. would like to share the benefits of buying a pre-owned vehicle versus buying a new one.
Save Money By Buying a Used Car
When you buy a brand new vehicle, as soon as you drive it off of the parking lot it will drop immediately in depreciation. In fact, the minute you drive a brand new vehicle off of the lot, the vehicle value can drop as much as $10,000. The initial depreciation of a new vehicle is much more than a pre-owned vehicle. So the question is, does it make more sense to save money and buy a pre-owned vehicle? A pre-owned vehicle will drop less in depreciation, and the vehicle will cost less to buy than a new vehicle. You can find a great used vehicle while spending less and losing less. Your monthly payments will be lower and if you decide to sell your vehicle, you might break even or even make a profit.
Buying a Used Car is Better for the Environment
A vehicle is not like paper or other recyclables where most of the materials are recycled and renewed. In some situations a vehicle’s working parts may be stripped out and reused, but most of the vehicle is left siting in a scrap yard. Maintaining and reselling a used vehicle can help our environment.
Lower Annual Registration Fees & Insurance Rates
Used vehicles are simply cheaper to register and re-register each year. Often insurance is much cheaper on a used vehicle than a new vehicle. Typically, used vehicles have a smaller if not zero sale tax. Each state will vary on used vehicle sales tax, but in general the sales tax is much less than a new vehicle. A used vehicle saves you money on your annual registration, insurance cost and there is little to no sales tax. How the savings continue!
Vehicle Inspection
Most people fear buying a used vehicle because they assume it will have a ton of problems. All used vehicles will undergo a thorough inspection where all of the vehicle parts, body, and safety systems are checked and tested. At Longhorn Motor & Trailer Sales, Inc., we put all our used vehicles through a multipoint systems inspection and complete an oil change. Often a warranty is offered when buying a used vehicle which will help in the event the vehicle does require repairs. Longhorn Motor & Trailer Sales, Inc. offers a 3 month / 3000 mile power train warranty through ASC, a reputable warranty company that has been in business since 1986.
In-House Financing of Used Cars
Longhorn Motor & Trailer Sales, Inc. is pleased to offer in-house financing of the used cars we sell. No credit check is required. Just bring in your latest pay stub and proof of residency, and fill out our quick and easy in-house credit application on site!
Used Car Sales in Temple, Troy, Cameron, Salado, Nolanville, Harker Heights, Killeen, Fort Hood, Copperas Cove, Gatesville & Greater Belton, Texas
If you are interested in buying a used vehicle, come on down to Longhorn Motors & Trailer Sales, Inc. and check out our selection of used vehicles today!
