Benefits of Buying a Used Car vs. A New One 

The lure of buying a brand-new car with no miles on it makes sense. You don’t have to worry about the pitfalls of buying used, and you can select a car from the latest models, with the newest technology. However, there are some undeniable perks of purchasing a used vehicle, rather than a new one, and here at Central City Toyota, we’ve eliminated the downsides to buying a used vehicle. When you decide to buy a vehicle from Central City Toyota, you’re selecting from an elite inventory that has been thoroughly inspected. We offer current model year vehicles, as well as models from the last few years, so you can still enjoy the latest technology features, without paying a premium price. 

One of the biggest downfalls of buying a new car is depreciation. When you purchase a brand-new car, the value of that car drops by 20 percent. That number grows to 30 percent by the end of your first year of ownership. That means if you purchase a car for $25,000, it will depreciate by $7,500 in the first year. You’ll really feel the pain of depreciation when you decide to sell or trade in the vehicle that you bought new.  Avoid losing money on your vehicle purchase by buying used. 

You can take advantage of depreciation. By choosing a preowned model, you can cash in on the depreciation of that vehicle, saving money on a car that someone else bought new, by simply buying a car that's a few years old. You can afford to get more features, performance, and technology at a lower cost, versus buying new. You can even step up from a more economical model into a luxury vehicle. You can opt for more safety features, more powerful engines, and more comfort when you buy a preowned vehicle. A vehicle you otherwise wouldn't be able to afford might be within your price range, once you decide to buy a preowned model. 

Not only will you save money on your car payment each month, you'll also save on other automotive costs by purchasing a preowned vehicle. That decreased cost translates to lower insurance rates, as well as lower taxes. Since your insurance and taxes are based on the value of your vehicle, purchasing a preowned model means you enjoy a reduced bill for both of these annual costs.

Cars, trucks, and SUVs are being built to last, more than ever before. Once, 100,000 miles was considered high mileage, but now it's not uncommon to see a vehicle on the road with twice that, or more! Since Central City Toyota goes over each model in our inventory with a fine-tooth comb, you can rest assured that you'll be investing in a model that will last you for many stress-free years to come. 

Your Best Drive begins at Central City Toyota! Start right now by browsing our Online Inventory of pre-owned Toyota cars, trucks and SUVs.