If you’re like many, you think about a used car and think of a clunker that may or may not work, has chipped paint, rust everywhere and a price that can’t be beaten. While these options are available in many areas and can be ideal for parts and fixer-uppers, many dealers now offer certified pre-owned options, including Mazda in Mokena.
Price
The number one reason to consider a used car in Mokena is the lower price tag. That doesn’t mean that you’ll get something that’s hard to look at or that doesn’t run worth a darn. You can find moderately priced vehicles with low miles, no driving problems, and few cosmetic flaws.
While you may discover that interest rates can be slightly higher for pre-owned vehicles, you’re paying less for the overall vehicle, which can still make it less expensive in total. Plus, you’ll likely save money on insurance because you don’t need full coverage.
Depreciation
A New vehicle loses up to 50 percent of its value once it’s driven off the lot, and continues to depreciate rapidly during the first year it’s driven. Therefore, you’re likely paying more for a vehicle that will lose its value quickly. Instead, it makes sense to purchase a pre-owned vehicle, even if it’s just one or two years older. It’s already depreciated for the most part, so you’re not paying higher prices.
Variety
Unless you already know that you want the newest technology, all the latest features, and the ability choose any color they make, you can still find a lot of choices in makes, models, and colors. Likewise, if you prefer older models, you’ll have to consider pre-owned options.
