Top 5 Reasons to Buy a Used Car in Saskatoon
Introduction
When it comes to buying a car, many people think that buying new is the only option. The idea of driving a brand new car with that new car smell is definitely alluring, however, new cars aren't always a budget friendly option. Though buying a used car in Saskatoon can be a great choice for many reasons. Used cars have come a long way in recent years and advancements in technology have made them more reliable than ever before. In this post, we will be discussing the top 5 reasons why buying a used car in Saskatoon is a smart decision.
Reason 1: Cost Savings
One of the biggest reasons to consider buying a used car in Saskatoon is the cost savings. When you buy a new car, it loses value as soon as you drive it off the lot. According to Kelley Blue Book, a new car will lose around 11% of its value in the first year alone. However, when you buy a used car, it has already gone through that initial depreciation, so you can save a significant amount of money. Additionally, used cars in Saskatoon often come with lower registration and insurance costs. For example, a used Ford Focus that is five years old will have a much lower registration fee than a brand new one, and insurance rates for a used car are usually lower than for a new car
Reason 2: Wide Selection of Makes and Models
Another reason to consider buying a used car in Saskatoon is the wide selection of makes and models available. Used car dealerships in Saskatoon carry a wide variety of vehicles, including both domestic and imported models. This means that you have more options to choose from, which increases the chances of finding the perfect car for you. Whether you're looking for a compact city car, a family-friendly SUV, or a reliable work truck, you're likely to find it at a used car dealership in Saskatoon.
Reason 3: Lower Financing Rates
When you buy a used car in Saskatoon, you may also be able to secure lower financing rates than you would with a new car. This is because used cars are considered less risky by lenders, so they are often willing to offer lower interest rates. For example, if you're buying a used car that's a few years old, you may be able to secure an interest rate of around 3-5%. On the other hand, if you're buying a new car, you may be looking at an interest rate of around 5-7%. This can make a big difference in the overall cost of the car. Furthermore, this also means you may be able to afford a car with more features and safety, even though its a few years older than a new car with a base model package.
Reason 4: Reliability
Many people believe that buying a used car means inheriting someone else's problems. However, this is not always the case. Many used cars in Saskatoon are in great condition and have been well-maintained by their previous owners. Additionally, many used car dealerships in Saskatoon offer certified pre-owned vehicles which have undergone rigorous inspections and come with extended warranties. For example, a certified pre-owned vehicle from a dealership will have been inspected by a certified mechanic, and will come with a warranty that covers the cost of most repairs that may be needed.
Reason 5: Car History Reports
When buying a used car in Saskatoon, it's important to know the car's history. Many used car dealerships in Saskatoon now provide car history (CARFAX) reports which give you important information such as accident history, service records, and previous owners. This information can help you make a more informed decision when purchasing a used car. For example, if a car has been in an accident, it may have hidden damage that could cause issues down the road. A car history report will reveal this information and you can use it to negotiate the price or walk away from the deal altogether.
Conclusion
Buying a used car in Saskatoon can be a great decision for many reasons. From cost savings, to a wide selection of makes and models, there are many benefits to buying a used car. Additionally, many used car dealerships in Saskatoon now offer certified pre-owned vehicles, financing options, and car history reports, making the buying process even more convenient. If you're in the market for a new car, consider buying used and see the difference it can make. Not only will you save money on the initial purchase, but you'll also save money on registration, insurance, and financing. Furthermore, many used cars are just as reliable as new cars and with the option of purchasing certified pre-owned vehicles you can ensure that the vehicle you're buying is in great condition. With a little research and patience, you can find a great deal on a used car in Saskatoon that will suit your needs and budget perfectly. So, next time you're in the market for a new car, consider buying used and you may be surprised at how much you can save.
Check Out Platinum Autosport, Saskatoons most trusted used car dealership. View their inventory HERE!