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Purchasing used vehicles saves you chunks of money, allows for more wiggle room in your budget, and might even get you a more luxurious car than buying new since the prices of new cars tend to reduce quickly thanks to the initial depreciation. At Eskridge Chevrolet, we think it’s important to have all the facts before buying. That’s why we’ve outlined the benefits of purchasing a used car, the pros and cons of buying new vs used, and more. Keep reading to find out if buying a used car is right for you!
Eskridge Chevrolet in Oklahoma City has high-quality used Chevrolets – as well as a variety of other makes and models – ranging from certified pre-owned vehicles to more inexpensive models that go for as low as under $15k!
Our used vehicle inventory includes trucks, cars, and SUVs alike. Unlike other dealerships with long purchasing protocols, our staff is willing and ready to simplify the car buying procedures after you make your pick. We offer services like trade evaluations, finance applications, payment calculations, and even loans for individuals with bad credit, so you can get behind the wheel of your new (to you) ride as soon as possible!
You can give us a call, interact with our online live chat, or even text us. Here at Eskridge Chevrolet in Guthrie, OK, we truly value your business, and we will do whatever it takes to get you into the used car of your dreams.
At Eskridge Chevrolet, our car, trucks, SUVs offer high-end technology and excellent driving performance at affordable costs. Regardless of the Chevy model that appeals to you, here are some perks of buying a used vehicle from our dealership:
This fast-updating screen resides at the bottom part of the tachometer. The driving information center lets you pick the information you want to display as you drive or relax in your car. Its efficient design quickly enables you to reset the average fuel economy, trip odometer, and other functions.
My Chevrolet app connection is a mobile app that offers you remote vehicle information and access for your Chevy.
The remote access features include:
Whereas the information features include:
Communication, navigation, and entertainment are integral to keeping you engaged during long drives. The infotainment system in your Chevy allows you to connect your phone to the infotainment system seamlessly. Your music, calls, and smartphone activities are integrated into the process, and you can also personalize the system to your liking.
Buying a car involves a lot of decision-making regarding the model, your budget, and whether you’re looking at a new or used vehicle. Let’s look at the significant differences between new and used cars in technology, insurance, price, warranty, and depreciation:
New cars on the market today are equipped with cutting edge, never before seen technology. These vehicles offer lower emission output and better gas mileage, as well as various safety benefits and creature comforts such adaptive cruise control, lane departure assist, forward collision warning, heated seats, power lift gate, remote start and more. This improved technology also lets you connect your phone to your car via Bluetooth, enabling GPS location of your car as well as music streaming.
The best part of these new features? You can often find the same technology in a used car, especially if the car is a recent year! Get all the benefits of a new car, at the price of a used car by purchasing a 2-3 year old model.
Every new car starts to depreciate when you drive it off the dealership. Buying a used car lets the previous owner harbor the depreciation costs heavily. In addition, a well-maintained used car can have just as long of a lifespan and perform just as efficiently as a new car. Depending on how well you maintain and upkeep the car, you might even be able to recouping the same amount spent if you decide to sell the car in the future!
It’s no secret that new cars come with higher insurance rates. The insurance becomes even more expensive if you require additional coverage for your vehicle. Some people might forgo collision or comprehensive coverage on low-value used cars, but financing a new car is not the same—most money lenders will not allow you to do so.
Auto insurance coverage tends to be lower with a used car, saving you money month-to-month but offering the same level of coverage as new cars. Ultimately, though, your insurance rates are going to depend heavily on your driving history and record. Whether you buy new or used, staying alert on the roads and driving defensively is a must!
Buying a new car means that you don’t have to worry about its past, if it were somehow previously damaged, or had experienced some form of wear and tear, but it costs more than buying used. Some new vehicles can even have additional and overpriced expenditures such as road taxes, registration fees, RTO fees, etc. The cost of financing is another issue, and the maintenance fee after the warranties are depleted can be overwhelming.
Buying a used car is as straightforward as it can get with lower and reduced prices. Some used vehicles even cost as little as half the amount of a new car.
New cars come with equipped warranty coverage included in the car’s purchase price. Most cars come with coverage for everything except the powertrain for at least 36,000 miles or three years. These warranties cover significant and heavy damages that stem within the first few years of the car’s ownership.
On the other hand, a used car might not have such an incentive, but specific certified pre-owned programs may help you get an ideal warranty for a used car. Certified pre-owned (CPO) cars are sold after an inspection by the manufacturer. CPO comes with a warranty included in the extension of the manufacturer’s warranty included in the price of the car.
The decision of whether to buy a used car or a new one is always ultimately up to you. However, before purchasing, remember to research, compare different models and brands, and find out which ones have good reviews and are reliable. If you still have uncertainties about whether to buy new or used, reach out to the team at Eskridge Chevrolet. We serve Guthrie, OK and the surrounding communities – including Oklahoma City, Norman, Edmond, and more – and would be happy to help guide you into a new (or new to you) vehicle!