Most people would prefer to have a new car instead of a used one. However, you should consider buying one of the Honda sport used cars in Indianapolis. There are several reasons you should buy a used car.
Save Money
You will can save thousands of dollars by buying one of the Honda sport used cars in Indianapolis. Even if the car is one-year-old, you will still be able to save a lot of money. The reason that used cars are cheaper even if they are relatively new is because new vehicles depreciate quickly.
Depreciation
Today’s cars are built to last longer than ever. However, they will still depreciate quickly. A new car will likely lose up to 25 percent of its value within the first year. It can lose up to 50 percent of its value within three years.
Reliability
You have probably heard stories about people who have brought lemons. However, you can easily find a reliable used car today. For example, you can get certified pre-owned options that have been checked out by mechanics before being put out on the lot. You can also look at the vehicle history reports to see if the car has experienced any problems.
Lower Insurance Rates
A used car will help you save a lot of money on your insurance. The value of your car is one of the factors that will be used to determine insurance rates. You may not notice a difference between a brand-new car and a three-year-old car. However, your insurance company will take notice. It is also cheaper to register a used car.
Warranties
Many used cars still have the original warranty if they have not exceeded so many miles. If you have a warranty on your vehicle, then you can get the cost of repairs covered. You will be able to save a lot of money.
