There is often a debate in many households when the time comes to replace a vehicle about what to buy and why. But the most difficult decision is generally whether to buy new or used. While it is true that new cars are beautiful, shiny and have that new car smell, the truth is that used vehicles often have a lot of benefits that can make them a much more sensible purchase.
Depreciation
A new car loses value the minute it leaves the car lot. During its first year it will lose thousands in its value. A pre-owned vehicle has already experienced that large drop in value by the time you purchase it. While it will continue to depreciate throughout its lifetime, the percentage at which it does so will be substantially smaller than that first year.
Recalls and Manufacturer Problems
Many people will purchase new because they want reliability. But any tow truck driver can attest to the fact that even brand new cars break down. A year or two of operation will ensure all of those new car problems will have been worked out. It also gives the manufacturer time to realize when there is an issue with a car and make the recalls and repairs as needed.
Cost
There is no question that purchasing a used vehicle will save thousands compared to purchasing one new. In some instances it may also save you, not just in purchase price, but in sales tax, registration and insurance costs.
Shop Carefully
It is important to be cautious when purchasing a used vehicle and you should only buy from someone you trust. It should be thoroughly inspected and any issues resolved before you sign any paperwork. Many will come with a transferable warranty which can be a valuable investment for a minor additional fee.
Where to Buy
If you are looking for a reasonably priced Toyota for sale Salt Lake City, National Auto Plaza has plenty to choose from. They offer generous rebates, all vehicles are thoroughly safety checked and many financing options are available.
Toyota is known for their reliable vehicles and the brand continuously ranks at the top of brands that retain their retail value. Purchasing a pre-owned Toyota for sale in Salt Lake City means you will be able to have the same reliability and quality as new, without the rapid depreciation.
