When it comes to buying a certified pre-owned car, Philly Auto stands as an iconic name in Philadelphia area. Renowned for offering some of the finest automobiles, Philly Auto takes pride in having the largest selection of pre-owned vehicles. Our reputation in the Philadelphia area is built on a commitment to transparency, a customer-friendly experience, and consistently exceeding expectations. Notably, our staff demonstrates remarkable loyalty, with most team members having served for 15+ years, and some for even 40+ years. This family-owned business treats customers and employees like extended family members and is deeply grateful for their support.
In the process of purchasing a car, you face numerous decisions: sedan or SUV, manual or automatic transmission, and one of the most critical choices is whether to buy new or used. While there are clear advantages to purchasing a brand-new vehicle, there are also compelling reasons to consider a used one from a reputable dealer like LA City Cars. Opting for a pre-owned car from LA City Cars can save you money in the long run, allowing you to acquire the car you desire without breaking the bank. What’s more, LA City Cars offers peace of mind through its warranty and inspection procedures.
Here are some lesser-discussed benefits of buying a used car:
- Cost Savings: Choosing a used car can save you money right from the start. New cars typically come with higher price tags compared to their used counterparts. You can find a used car that’s just a year or two old, and it will cost you less than a brand-new model. This is a smart way to own a well-maintained vehicle without overspending.
- Diverse Selection: Opting for a used car provides you with a vast array of choices. There are millions of used cars available online and at dealerships, offering you a wealth of options. You can even find models that are no longer in production, broadening your choices.
- Easier Financing: It’s generally easier to secure financing for a used car than for a new one. New cars depreciate quickly, making banks more reluctant to approve loans. However, used cars have already experienced depreciation, simplifying the process of obtaining a loan and fulfilling your dream of owning the car you desire.
- Lower Maintenance Costs: Used cars are often more budget-friendly to maintain and repair. Their parts are readily available as they have been on the market for a while.
- Reduced Depreciation: New cars lose about 20% of their value as soon as you drive them off the lot. In the first year, most cars lose an additional 10% of their value. Used cars depreciate at a much slower rate, providing a more stable loan-to-value ratio.
- Lower Insurance Costs: Generally, insurance for used cars is more affordable compared to new ones, thanks to the lower value of used cars. Depending on your vehicle’s age, you may even consider liability coverage, which can save you money.
- Reduced Dealership Fees: The additional fees associated with a used vehicle, such as sales tax, are typically lower than those for new cars due to the lower initial cost.
- More Value for Your Money: Choosing a used car allows you to get more for your money. You can afford a higher-end model that’s a few years old at a lower price. Since cars are not significantly redesigned each year, the differences in technology and style may be minimal.
- Peace of Mind: Vehicle history reports have dispelled the stigma associated with buying used cars. You can now check a car’s ownership history, accident records, title status, and more. Additionally, certified pre-owned (CPO) programs offer added confidence in a used car’s reliability, often including additional warranties.
In conclusion, buying a used car, especially from a reputable dealer like LA City Cars, can be a financially savvy and reliable choice with numerous benefits, provided you do your due diligence.