On The Market For a New Vehicle? Don't
Discount The Pre-Owned Car Selection at Danbury Kia, in Danbury, Connecticut
Is it time for a new car? Whether your family is growing and it's time to purchase something with more space, you are looking for something that has more power than what you currently possess, or your old car has run its course, you have begun the search for another vehicle. But what inventory should you look through? Should you bite the bullet and purchase a brand new Kia or should you take a look at a less expensive pre-owned model?
What Are The Financial Benefits of Buying a Used Car Versus a New Car?
The biggest difference between purchasing a new or used car is the price tag. New vehicles are undeniably more expensive, but they do offer the latest technology and any new features that the company has released. Used vehicles are significantly less expensive over-all even though some contain many of the same features as the newer models. New cars also lose almost 20% of their value as soon as they leave the lot while used cars do not. The previous owner has already suffered that 20% loss for you, granting you a better deal. Besides price and value, your monthly insurance payment may be less, depending on the year, make, and model of your used vehicle, as well as any taxes and fees.