|Image source: cars.com|
If you are looking for a new ride or even your first car, there are many reasons why you should consider getting a pre-owned vehicle instead. Coming off a 7 percent decline in the past five years, the average price of used cars is certainly worth noting.
There’s a high number of cars coming off lease this year, and the used-car inventory is going steadily higher. The chances of finding great buys from dealers all over the U.S., especially for cars that have barely seen the road, are therefore also on the rise.
Nothing beats the lower cost of these pre-owned vehicles. Remember that new cars lose their value rapidly while coming with steep upfront expenses. Opting for a certified pre-owned (CPO) model can save you thousands of dollars.
|Image source: berlincity.com|
Finally, keep return on investment or ROI in mind. New cars will always have a negative ROI, as you’ll get much less than what you paid. The value of pre-owned vehicles depreciates at a much slower rate.
American Federal Auto LLC specializes in the sale of pre-owned cars that have been fully inspected, serviced, and restored. These vehicles come with bumper-to-bumper warranty and affordable payment options. For related reads, visit this blog.