If you’ve already decided to purchase a car, truck, or SUV, then congratulations! The next step is to determine which vehicle is right for you, including whether buying new or used would best fit your needs and provide you with the best deal and most benefits in the long run. For most, buying a used car is more advantageous, and here’s why.
Buying a used car saves you money. Whichever make and model vehicle you decide on, it’s always cheaper to buy it used instead of new. This means you can get the car, truck, or SUV you want for less money, while not sacrificing options and quality. In fact, if you’re following a specific budget, buying used allows you to get a more high-end and more luxurious vehicle than you originally set out to purchase for the same price or less cost than a new, lower-end model.
Though a lower price on the same vehicle or a better one sounds like a no-brainer, some people worry that the lower cost of a used car is indicative of its condition and reliability. This is not the case. All vehicles sold at Bobb Automotive are safety inspected and road tested. Peace of mind is invaluable, and we make sure all of our used inventory is thoroughly vetted by our ASE-certified technicians in our on-site NAPA-certified facility in order to provide you with that. One of the most frequently cited benefits of new cars is the warranty they come with, limiting repair costs in the first couple of years after purchase. But that’s in no way exclusive to new cars. While many of our cars still fall under the manufacturer’s warranty, we do offer an extended warranty as a courtesy to you with the Bobb Says Yes! Quality Assurance Program.
Engine: Block, cylinder head, engine and all internal parts, flywheel (only cars with automatic transmission), fuel pump, manifolds, radiator, rotary engine housing, water pump
Transmission: Transmission case and all internal parts, including torque converter
Drive Axle: Axle shaft, front and/or rear drive axle housing including all internal parts, propeller shaft, universal joints
Engine: 30 days or 1,000 miles. Whichever comes first.
Transmission: 90 days or 3,000 miles. Whichever comes first.
Drive Axle: 90 days or 3,000 miles. Whichever comes first.
Furthermore, our used cars, trucks, and SUVs come with free roadside assistance. Our roadside assistance program is offered throughout the United States and Canada, 24/7/365, on all our vehicles.
Included services are:
- Lock-Out Service
- Tire Change
- Winch-Out Service
- Jump Start
- Delivery of Gas and Other Fluids
You can save money upfront when you opt for used over new, and we’ve got you covered as soon as you drive off the lot.
New cars lose value much faster than used cars. You might have heard of something called the drive-off-the-lot depreciation factor. This refers to the fact that new cars start losing their value significantly from the moment you leave the dealership—after all, they go from new to used in one second once you drive it. In fact, it is estimated that 20% of a new car’s value is lost once it’s driven off the lot, with another 10% lost during the first year of ownership. This means that most new cars will depreciate by a total of 30% on average in year one alone. This can put you upside-down in a car loan by increasing the odds that your car will be worth less than the amount you owe. This is especially disadvantageous if you have an accident that totals the vehicle and renders it unusable, or if you simply want to sell the car before you’ve paid it off. On the other hand, a used car that’s a few years old tends to retain its value for much longer and more consistently. It is much more likely that the owner of a used car will be able to buy it, drive it, and resell it without losing equity or ever owing more than it’s worth. This equity retention is also useful in helping you get a better trade-in value towards your next car. And, due to significant technological advancements in car manufacturing, used and older cars stay functional and reliable for much longer than they ever used to before in history.
Used cars cost less to insure and register. Not only do used cars usually depreciate more slowly than new cars, they start out with a lower value as well—that’s what makes the purchase price cheaper. This also translates into insurance savings. Since a used car is worth less than a new car, you’re insuring it for a lower value than you’d have to insure a new car for. This is a monthly expense—and an unavoidable one—that can quickly add up. Used cars of a certain age can also eliminate the need for certain types of insurance coverage. For example, you can choose to forego theft insurance if the age of the car makes theft less likely or not worth the added insurance expense. In addition to saving money on insurance, a used car can help you save on registration fees. Often, the cost of registering your vehicle is tied to the purchase price you payed for it. So not only can a used car cost less to purchase, it also tends to cost less month-to-month, saving you money long-term without sacrificing the safety of being responsibly insured and registered.
Narrowing the focus of your search down to either used or new cars reduces the amount of options you’re faced with, making the car-buying process less daunting and overwhelming. If you’ve decided that a used car, truck, or SUV is the right choice for you, you can continue your research by browsing our inventory. You can also search our available selection for specific vehicles by year, make, model, body style, trim, mileage, transmission type, fuel economy, condition, location and price. We look forward to helping you with the exciting car-buying process!