The Upsides To Pre-Owned Vehicles

By: McLachlan Automotive Solutions   |   08 Feb 2017
Woman smiling, thumbs up, new car

Consumers have a short attention span when it comes to shopping.

Just when you think you’ve found something you love, BAM, something newer and better will always come along.

The same goes for shopping for a new car. People always want the hottest, newest model on the market, but on average, within three years they’re already bored and looking to trade it in.

So, why bother spending thousands of dollars on a brand new car, only to say goodbye and get half of what you bought it for if you’re lucky? More and more drivers are seeing the value in buying a pre-owned vehicle. The art of shopping for a used car, truck, or SUV is nothing like it used to be, and many dealerships like McLachlan Automotive Solutions have an impressive inventory of premium pre-owned vehicles that are relatively new, in "like-new" condition.

Reasons to go Pre-Owned

Love That Red Sticker Price Tag

Many of us have visited a car dealership and seen the separation between the new and used inventory lots. In all honesty, the condition of the vehicles looks much the same. That’s because, at McLachlan Automotive Solutions, all of the used vehicles we accept through our trade-in appraisal program must go through a rigorous inspection process. If the vehicle doesn’t pass the test, we won’t take it, and you don’t have to worry about buying one like that! The most obvious advantage to buying a used vehicle is the drop in price. Even if the model is from 2017, you can expect a serious discount, and this all ties into our next point.

Don’t Worry About Depreciation

There’s a famous saying that says that once you grab the keys to that brand spankin’ new vehicle and drive it off the lot, it loses more than half its value. It’s pretty much true, and it’s all thanks to a little thing called vehicle depreciation. It's not an issue you'll have to worry about when you go with a pre-owned vehicle. Depreciation on new vehicles can be as much as 40% in the first year. This means that if you go to sell your new vehicle, even within the first several months or year, you won’t receive a return profit that’s even close to what you originally paid. Market value is much different from retail value and because you’d be the first person to drive the vehicle, there’s major risk involved with the first signs of wear and tear.

When you buy a used vehicle, you don’t have to worry about depreciation losses, because the owner before you took care of that! When the time comes for you to sell or trade in your pre-owned model, you might even be able to score more money than what you paid for it, especially if you consider customizing your ride with a few trendy parts and accessories.

Less Sales Tax and Lower Insurance Rates

Buying a used vehicle also means you can enjoy lower monthly insurance rates and less sales tax. Since the original price is lower, you will only be taxed on that number. If you choose to finance or lease your used vehicle, McLachlan Automotive will work to find an option that works with your financial habits and personal lifestyle.

Even if your current credit situation isn’t what you’d like it to be, or have suffered from bad credit in the past, McLachlan Automotive Solutions has the resources and staff on hand to make driving your dream car a reality. The savings you can expect to enjoy when you buy a used vehicle mean that you don’t have to worry about keeping up with accumulating high-interest monthly payments, and you can drive comfortably with peace of mind.

Are you thinking about buying a vehicle? McLachlan Automotive Solutions is home to some of the best used cars, trucks, SUVs and minivans in Trail, BC and its surrounding areas. Shop our current specials in our used vehicle inventory and don’t forget to check out our pre-owned vehicles under $10,000 for some great deals! Call us today at 1-(855) 432-2022 or contact us online for more information.

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