"3 Advantages of Buying a Used Vehicle" in white text against blue background with a photo of a row of used vehicles to the right

What are the Advantages of Buying a Used Vehicle?

3 Advantages of Buying a Used Vehicle

Are you wondering what advantages, if any, there are for buying a used vehicle? If so, then you have come to the right place as there a several advantages to buying a used vehicle. Let’s explore the three biggest advantages of buying a used car together! If you are interested in buying a used car in Listowel, ON, then you should explore the excellent pre-owned inventory available at Stop 23 Auto Sales today!

Used Vehicles Depreciate Less

A big advantage for used cars is that they do not depreciate as quickly as new cars do. An average new vehicle will lose nearly 50 percent of its value during the first three years of ownership. While used cars do still depreciate, it is at a much slower rate than the rate for new cars.

Used Vehicles Have Lower Costs and Fees

Another advantage of buying a used car is that it has lower costs and fees associated with it. Insurance companies will charge a much higher rate for a new car as it will cost more to replace if necessary. Also, depending on your location, it is less expensive to register a used car compared to a new car.

A man buying a car

Exterior view of a few used cars in a row for sale at a used car dealership

There are Many Reliable Used Vehicles Available

The final advantage to buying a used car is the vast amount of options available. Cars last much longer than they did in the past. As a result, there are many more reliable used vehicles available for customers to explore. Many vehicles will now last well past 150,000 kilometers. Some will still be performing well when they reach 300,000 kilometers.


More: When is it Time to Give Up on Your Vehicle?


Get a Pre-Owned Vehicle in Listowel ON

If you are considering making a purchase of a quality pre-owned vehicle, then you should contact the staff at Simple Car today! Our team is happy to answer any questions that you may have! Visit our dealership in Listowel, ON today!