5 Reasons Why Pre-Owned Cars Are Perfect for First-Time Buyers
Buying a car for the first time? Not sure if you’ll enjoy a new or pre-owned car more over the years?
Purchasing a used car can be daunting, and you’ll get lots of advice on how you should proceed. Should you buy a new vehicle, equipped with all the latest technology and gadgets, at a hefty price? Should you purchase a pre-owned vehicle that fits your needs and your budget?
There are pros and cons of every decision you make in life, and buying a car is definitely one of the harder ones to figure out. Since it’s one of your biggest lifetime purchases, you want to know the ins and outs of the decision you’re making before you make it.
At AutoMax of Henderson and Youngsville, we focus on pre-owned cars for sale to customers all throughout our area and we believe this is the best option for any first-time buyer. There are so many benefits to choosing a pre-owned car for sale at one of our AutoMax dealerships and here’s a few that stand out to our first-time buyers.
5 Reasons for First-Time Buyers to Buy Pre-Owned
1. Low Cost
The number one reason people, including first-time buyers, choose pre-owned vehicles is because of the low cost to purchase one. Most first-time car buyers are young, and not a lot of young people have a huge budget for their first car. When you buy a new vehicle, you’re going to need a lot of money to do so. From a high down payment to large monthly payments, the money needs are extensive. Even though a fancy new vehicle may seem like an attractive option, even your insurance and taxes will be much more expensive. Repairs can also be extremely costly with expensive parts and labor.
When you purchase a pre-owned car, you are choosing a safe option for your budget. First, your down payment will be much smaller, compared to a new car. Your monthly payments will be lower, because the overall cost is much less. And your insurance and taxes will be significantly cheaper. When you need repairs done, the parts and labor will be manageable for your budget. Overall, a great pre-owned car will save you money all around.
2. Lots of Options
When you are looking for a new car, you are limited to the most recent years of any make or model and you’ll need to visit multiple dealerships to test out different makes. There are lots of times when the previous years’ models are much better functioning and rated than the ‘hot new’ car.
When you are looking for pre-owned cars for sale, at AutoMax we provide a variety of different makes, models, and years. You can really find the perfect car that fits your needs and budget.
New cars depreciate much quicker than pre-owned cars for sale. When you buy a pre-owned car its value will not drop as much as quickly as when you buy a new car. A new car will depreciate drastically the moment you drive it off the lot. This can be especially frustrating when you take out a new loan on a new car, fearing that you could become upside down on your loan, owing more than the car is worth. If you ever needed to sell the car, you wouldn’t make any money off of it. You never want to sell a car and still owe money on it.
4. No Credit Is Ok
Since first-time buyers are typically younger, they haven’t had time to build up their credit. When you don’t have any credit, you can run into issues, when trying to get financing for a car – especially a new one. New dealerships will require a co-signer, and then your title won’t be in your name fully. Many used dealerships will also require an additional signer.
With the pre-owned cars for sale at AutoMax in Henderson and Youngsville, we are a buy here pay here dealership, so if you don’t have any credit yet, that’s OK. We will help you get into a pre-owned car, no matter your credit situation. Many of our customers have bad credit or no credit, and we understand that first-time buyers need to be able to get a car, without having a lot of credit built up.
5. Room for Error
When you purchase a new car, there is a lot of pressure to keep it in top-notch shape, and if you get a scratch or a dent, it is a huge deal, since it is more noticeable. When you purchase a pre-owned car for sale, you get a lot of leeway, when it comes to keeping it in good shape. There’s likely already a bump or scratch here and there, so there is less pressure to not make any mistakes.
It’s hard to enjoy a new car, when you’re worried about messing it up. You can enjoy a great pre-owned car, without the havoc of needing to keep it error-free. Scratches or dents are less noticeable, and you can move on from small accidents without any stress.
Check Out Our Pre-Owned Cars for Sale in Henderson & Youngsville Today
It’s easy to see why buying a pre-owned car is the best route for first-time buyers and anyone, really – better value, less stress, and an all around more enjoyable experience. If you’re ready to start searching for the perfect pre-owned car for you, start by filling out our financing application and browsing through our pre-owned cars for sale online. Or, just come by our dealership today! We look forward to helping you find the perfect vehicle for you.
AutoMax buy here pay here car dealers in Henderson and Youngsville, NC proudly provide pre-owned cars for sale to Raleigh, Durham, Chapel Hill, Butner, Creedmoor, Louisburg, Wake Forest, Rolesville, Zebulon, Nashville, and Warrenton, in Vance County, Wake County, Granville County, Franklin County, Durham County, Orange County, Nash County, and Warren County.