Buying a car is a big decision and investment. For most of us, it is the most expensive purchase we make, other than our home. One of the most important decisions in car buying is whether you should purchase new or used. There are differing opinions and conflicting messages depending on who you ask. It can be hard to know which direction is the right one to take. With the current climate and prices in the new car industry, it seems like a simple choice to buy used instead of new. Let us dive into how purchasing your used cars in San Diego can save you money and a headache in the future.
How Much Money Are We Talking?
A lot of money! An individual will own 13 cars in their lifetime, with each costing an average of $30,000. This information is according to a report by the National Automobile Dealers Association. That is quite a few vehicles in a lifetime. It is also a lot of money down the drain if you are always buying new. Can you guess what the average amount of money you’d save if you bought all those cars used is? $130,000. Not a small chunk of change. Below are a few different ways you save money by purchasing a used car instead of a new one. We will also discuss how to find the right dealership for you.
Is it Just the Initial Car Price I Save Money On?
Nope. You can save money on your insurance rates, and every year the cost of renewing your registration decreases as well. Insurance on a used car is cheaper for a variety of reasons. It is not necessary to hold as much coverage on a used car as a new one. Many new car loans require you to take out a higher amount of comprehensive and collision than a used car loan does. A newer vehicle tends to have more technology, which can drive insurance costs up as insurance companies assume the cost to repair these vehicles will be more. An example of this is that bumpers in many new cars now contain sensors. Sensors almost double the cost to repair or replace a bumper.
Sold on a Used Car? Here’s Where to Check Them Out
There are hundreds of used car dealerships in San Diego. The number of dealerships available can make choosing one for this big of a purchase intimidating. Start by checking out websites online that will help you narrow down dealerships by the brands of cars they offer and see reviews that actual customers have written about their experiences. Miramar Car Center is an expert in used cars in San Diego. They have their customer reviews posted right on their website. After reading these, you can trust in the experiences of their customers. Miramar Car Center centers its business on the belief that the car buying experience should be hassle and stress-free, and that the best hand-picked cars should be available for its customers. Their customer-centric focus is sure to make your buying experience an easy one. Saving money while having a stress-free buying experience is a win-win!