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Why Buying a Used Car Might Be Your Best Investment

Reasons New Doesn’t Mean Better for Your Next Car

Do you need to replace your old car or start your teenager out in something safe? Then you’ve probably gone back and forth between buying new and used cars. If you’re like most people, you might think that new is always better. However, that isn’t the case with most vehicles.

You don’t need a new car to find something reliable and stylish to suit your commute. Take a look at why used cars in Kansas City from a buy here pay here dealership make the best investment when you’re looking for a new ride.

New Cars Are Great, but Depreciation is Real

driving a used car

It’s not a secret that as soon as you drive a new car off the lot, it loses value, and there’s not much you can do about it. In fact, new cars lose over half their value three years after you purchase them. This is even more frustrating, because cars are lasting twice as long as they used to.

So, how do you beat car depreciation? By purchasing a “nearly new” vehicle. Used cars that are only a few years old, have been titled by previous owners, and have a small amount of miles on the odometer are defined as nearly new. They are also considered the sweet spot for car ownership, because this is when your car’s depreciation is at its lowest.

You can also avoid missing recalls on new vehicles that might compromise your safety and devalue a new car, because issues surrounding used car models have already been solved.

You Have More to Choose From When You Invest in Used Cars

Even though television ads lead people to believe that you have endless options for finding a new car, the fact of the matter is that there are only about 350 new models offered each year. This includes cars, trucks, and SUVs.

What works for one person may not work for another, which means there may not be a new car on the market that suits your lifestyle. That’s okay, because there are thousands of used cars in Kansas City to choose from. You can even find a good match for your picky teenager!

Looking for something sporty, yet sensible? Take a look at a used Honda Civic. Maybe you need to invest in a used SUV for your family, then you’re going to want to take a nearly new Ford Escape. Whatever type of transportation you need, the used car market has you covered.

Purchase Used Cars from a Buy Here Pay Here Dealership and Get More Car for Your Money

The days of buy here pay car dealerships taking you and your bank account for a ride are long gone. Reputable dealerships and automakers now offer certified pre-owned (CPO) programs to make sure you don’t end up with a lemon.

CPO automobiles go through rigorous inspections, a reconditioning process, and usually come with a vehicle history report. Plus, most CPO cars, trucks, and SUVs are backed with a warranty from the manufacturer, so you can feel confident about your big purchase.

Check out some extras you can have with a warranty from some certified pre-owned vehicles:

  • Free maintenance on parts like your HVAC and Electrical Systems
  • Transferable to next owner, which boosts resale value
  • Roadside assistance
  • Complimentary loaner

When you buy used cars in Kansas City, your money will take you a lot further than if you bought a new car. On a small budget, you might only afford the base trim of a new car. However, you can certainly find a nearly new vehicle that has everything you need without spending a fortune.

Let Kansas City’s Best Buy Here Pay Here Dealership Get You on the Road in a Certified Pre-Owned Vehicle Today

At Auto Bank KC, we take selling used cars seriously. You won’t find more helpful dealers or a better selection of used cars in Kansas City. If we don’t have what you’re looking for at our East Truman Road dealership, then take advantage of our second location on East Front Street.

All of our automobiles are certified pre-owned, and we are more than happy to help you with financing. You can call our Front Street location at (816) 231-9300 or our Truman Road location at (816) 241-7880 to ask about our inventory, schedule a test drive, or talk about financing. We can’t wait to help you get where you want to go in a car from Auto Bank Kansas City!