Perks of Buying a Used Car

Ready to replace your old vehicle? You've probably heard a lot of people saying you should buy a brand new vehicle. While there are definitely some perks to purchasing new, there are also some great benefits to buying used. We have a great selection of used models, including those under $10,000, under $20,000 and under $30,000.

We've listed out some of the perks of buying a used vehicle below. While we understand that everyone's situation is different, we hope you'll find this information useful in making a decision whether to buy new or used.

Affordability

One of the biggest benefits of buying used is affordability. Because a used car is objectively less expensive than its newer equivalent, your down payment and monthly payments will be much lower if you were to take out a loan. It's also much easier to pay for a used car in one lump sum, meaning you wouldn't have to worry about monthly payments at all. Buying used can also mean you'll get more features for less money, or a nicer model than what you had before.

Lower Insurance Rates

Not only will you find that you'll have lower monthly payments, you'll find that protecting your used vehicle is also more affordable. Insurance rates are calculated based on the value of your car, and since used cars cost less, so does their insurance.

Slower Depreciation

A new car loses a lot of its value within the first few years of ownership. While depreciation is a constant process with cars, it tends to level out more after those years. A used car will likely have already gone through this steep decline in value by the time you purchase it, which means you pay a great deal less.

Options

Models are sometimes discontinued in the automotive industry, for varying reasons. Sometimes even the ones that we love get discontinued! But when you purchase used, that becomes less of an issue. You may also find cars with different trims or features that may no longer be available on newer models. Buying used is all about options, as you're not limited by the features and trims of a single model year.

Interested in purchasing a used vehicle? Stop by Hyundai of North Charleston for a test-drive today. We have a large variety for you to choose from, so come visit us at our dealership, located at 8485 Rivers Ave, North Charleston, SC 29406. We proudly serve customers from Goose Creek, Mount Pleasant and Summerville!