It is exciting to buy your first car because there is so much to think about: make, model, price, financing, etc. When purchasing your first car, itās important to not get caught up in the moment and pick the shiniest new car on the lot. If youāre a first time buyer, a used car may just be the perfect option for you, and hereās why.
Finding Best Used Cars Phoenix AZ Has Available
The first thing to consider is the price. As soon as you drive a brand new car off the lot, it decreases in value much more quickly than a used car. Depending on market conditions, depreciation can be up to 30%. Buying a used car will help you avoid the hit of an immediate depreciation of value. If you are interested in the bells and whistles that a newer car with contemporary technology has to offer, a used car may come with some of these features but at a fraction of the price of a new car or you can simply have the features you want installed after purchase at a lower cost.
Even if you can afford the cost of a brand new car, the fees may be too outrageous to cover. Buying a used car will help you save money on the fees we often forget about, such as taxes, titling, registering, and insurance. For instance, taxes can be anywhere from $500-$1000 on a new car; whereas, an older car has much more reasonable taxes. Insurance costs are typically higher, and like the dramatic depreciation value, represent a greater loss on your investment.
Buying a used car doesnāt mean you have to get a broken-down lemon that your parents would have driven in the 1970ās. You can find great savings with a vehicle that was manufactured a few years ago and has only been slightly used. At Auto Action, our diverse inventory, allows us to sell the best used cars Phoenix AZ has to offer. You can easily browse the images to see what you like, or search by year, make, and model.