5 Benefits of Buying a Pre-Owned Vehicle

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When you're in the market for a new vehicle, you have many options to choose from. You could splurge and purchase that shiny new 2021 to cruise the Lake in style or you could choose a "new-to-you" pre-owned vehicle that is both effective and efficient. There are of course pros and cons to both avenues. As the best car dealership in Camdenton, Hulett Chevrolet Buick GMC thought it would be fitting to highlight just a few of the benefits that come with buying a pre-owned vehicle. Read on to see the advantages!

Depreciation

Cars depreciate, there's no way around that fact. When you buy a new car, you can expect (with a few outstanding exceptions) it to lose up to 50% of its initial value within the first three years. So, solely as an investment, not the wisest decision. This is where shopping used can be beneficial, the vehicle has already likely depreciated and as such you can catch a better deal.

More Bang for your Buck

Thanks to the aforementioned depreciation, when you shop in the used vehicle market you can obtain awesome deals on some great vehicles. Perhaps you could get the base-level vehicle that's new to the market, or you could buy a few years older and get a fully-loaded vehicle with plenty of life left.

Lower Insurance

When insurance companies determine rates, the primary item of their analysis is based on the value of your car. So, that new Corvette is going to cost a bit more to insure than the older model, and while you may not notice any differences between your 3-year-old 'Vette and the newest one... your insurance company certainly will!

Available Data

There are likely to be new bugs or kinks to be worked out on the newest models to hit the market. However, when you buy pre-owned, you'll have access to years' worth of reports and data to help you minimize the risk of something going awry after the purchase. You can use this valuable information to create side-by-side comparisons of vehicles you are interested in and ultimately make the best decision for your needs.

What Certified Pre-Owned Means for You

When you buy a certified pre-owned vehicle, you're effectively protecting yourself against any vehicle shortcomings. While you're not getting the newest model on the market, you're getting an added layer of protection on a thoroughly analyzed vehicle. One that has passed numerous inspections and tests just to have the certified pre-owned label. Be sure to clarify any dealership/manufacturer warranties with your dealership as they can vary in scope and terms.

Now that you know some of the advantages of shopping for a pre-owned vehicle at the Lake of the Ozarks, we encourage you to check out our supply of pre-owned vehicles online or stop by our car dealership in Camdenton for a first-hand look at our fabulous selection. We take pride in providing exceptional automotive service here at Hulett Chevrolet Buick GMC, allow us to assist you in your next vehicle purchase!

Hulett Chevrolet Buick GMC - That's The Way We Do It At Hulett!

513 N. Business Route 5
Camdenton, MO  65020

Sales: 573.317.4191
Service:  573.317.4195

Location: Camdenton, MO 65020, USA

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