The Advantages of Buying Used Cars Vs. New Cars

The Advantages
Buying Used Vs. New

Bright shiny new cars can be tempting if you’re shopping for a new ride, but buying that new car may not make financial sense. Our experts examined the benefits of buying used vs. new to see if a pre-owned car really did provide a savings for our clients, and we were thrilled with what we learned. See how much you could save and, if you’re ready to upgrade to a better set of wheels, fill out our online credit application and get the process started with Green Light Auto Credit.

Why Consider a Used Car Over a New One?

Used cars have a bad reputation for being an unwise financial choice, but how fair is that assumption? We looked at a number of factors, including online reviews, satisfaction surveys, and long-term costs to own, and this is what we learned:

  • Lower Cost – New cars can lose as much as 20-percent of their value as soon as they leave the lot, and up to 40-percent within the first year, making even a 1-year-old used car significantly cheaper.
  • Fewer Fees – New car sellers can add advertising, handling, and other fees to the cost of the car, something typically absent with used car purchases.
  • Variety – When Buying a used car you aren’t limited to the latest models, you can select from any vehicle manufactured in the past 100 years, giving you endless choices.
  • Certification – With a new car, quality can be a mystery until you get it home. Certified pre-owned programs give you peace of mind because all CPO vehicles are required to be inspected and reconditioned before the can be offered for sale.

Let Green Light Auto Credit Help You Finance

Find low rates on quality used cars you can trust at Green Light Auto Credit. Get approved instantly online, or come in to speak with one of our knowledgeable credit counselors to calculate what you can afford, review money-saving programs, and get a payment plan the suits your budget.

Compare Used Cars vs. New Cars With the Help of Green Light Auto Credit

Compare the cost savings of buying a used car vs. buying new and see how much you can save on your next auto purchase. Contact Green Light Auto Credit today for help finding the best financing for you.