Benefits Of Purchasing A Used Car Rather Than A New One
If you don't have the money to buy a car upfront, you may be considering the pros and cons of leasing versus buying a used car. Leasing may be cheap initially, but you will pay more if the mileage count is exceeded in your contract. Additionally, you won't own anything at the end of the lease. Buying a used car gives you ownership of a car and all the freedom this entails. Learn precisely why a used car makes such a great investment and how to buy one with confidence.
Benefits of Buying a Used Car
New cars depreciate the moment you drive them off the auto lot. Sure, that new car smell will fade less quickly, but the fact remains: When you buy a new car, you sink thousands of dollars into the prestige of being its first owner. Simply by buying used, you can get a car for less and will take less of a hit on the depreciation. You will also save on auto insurance, since it costs more to insure an expensive new car. State registration fees will be lower on used cars, and state taxes may go as low as zero.
Buying a Used Car at Auction: What to Expect
An auto auction, like ones you can attend via Capital Auto Auction, is a great way to browse lots of cars at once and get a feel for what's available. With wide inventory, it's possible to find the make/model you desire.
Auto auctions can help you find a car quickly if you don't care about the model and ensure you spend only what you can afford if money is tight. At an auto auction, you can stop bidding if a car exceeds your maximum price point. If the idea of negotiating with a used car salesman or private owner makes you squirm, the auction format is ideal.
Before an auction, cars are cleaned so you won't need to worry about cleaning someone else's car. The team at Capital Auto Auction also ensures that cars are in good order, that auction listings reflect the vehicle's condition, and that prices are fair. With a used car auction every week, new bargains are always coming in. The best way to buy a used car is to do your research on the type of car you want, understand the price range you can expect to pay, and find a car that meets your needs and fits your budget.
Interested in buying a used car at an auto auction? Our auto auctions make this easy by putting a wide selection of affordable used cars in front of you. Call Capital Auto Auction today to learn about upcoming auto auctions near you.