When it comes time to purchase your next vehicle, you have an important decision to make: should you buy new or preowned? While the allure of a brand-new car can be tempting, there are many compelling reasons to consider a pre-owned model instead. As a trusted dealership serving Greeley, Colorado and the surrounding areas, Honda of Greeley is here to highlight the top benefits of buying preowned.
1. Get More Car for Your Money
One of the biggest advantages of buying pre-owned is that you can typically get more vehicle for your budget compared to buying new. Pre-owned vehicles have already gone through their initial steep depreciation, so you avoid paying that premium. This allows you to shop in a higher class of vehicles while staying within your budget. For example, maybe you can now afford to step up to that roomier SUV or treat yourself to more luxurious features by going with a pre-owned model.
2. Slower Depreciation
New vehicles typically suffer from rapid depreciation, losing a significant chunk of their value as soon as you drive them off the lot. With a pre-owned vehicle, depreciation will have already slowed, so your vehicle retains more of its value over time. This is a smart financial move, especially if you may want to trade in or sell your vehicle after a few years of ownership.
3. Lower Insurance and Registration Fees
In addition to a lower purchase price, pre-owned vehicles can save you money in other ways too. Insurance premiums are often lower on pre-owned vehicles since they have a lower value than their new counterparts. Registration fees are commonly based on model year and vehicle value as well, so you're likely to pay less for renewing your tags each year.
These types of savings can really add up over time as a pre-owned vehicle owner in Longmont or Loveland. Put that money back in your pocket or save it for future vehicle maintenance and repairs.
4. Peace of Mind with a CPO Vehicle
For even greater assurance when buying preowned, consider a Certified Pre-Owned (CPO) vehicle. CPO programs like the Honda Brand's require vehicles to be newer, low-mileage, and put them through a comprehensive inspection process to ensure quality and reliability. CPO vehicles also come with extended warranty coverage for added peace of mind.
At Honda of Greeley, we're proud to offer a terrific selection of Certified Pre-Owned Honda models to our valued customers in Fort Collins and beyond. Every CPO Honda has passed a thorough 182-point inspection and comes with a free CARFAX report so you can buy with total confidence.
5. Ample Vehicle History Information
Finally, buying pre-owned gives you the opportunity to dig into a vehicle's history so you know exactly what you're getting. Thanks to vehicle history reports like CARFAX, you can find out important details about a preowned vehicle's past, such as number of prior owners, accident history, maintenance records, and more. You'll have a clear picture of where that vehicle has been and how it's been cared for over the years.
For local pre-owned vehicle shoppers in Cheyenne, Wyoming, Honda of Greeley makes it easy to access this valuable vehicle history information. We happily provide free CARFAX reports on our pre-owned inventory so you can make an informed purchase decision.
Find Your Ideal Pre-Owned Vehicle at Honda of Greeley
Are you ready to experience all the benefits of pre-owned vehicle ownership for yourself? Visit Honda of Greeley at 4535 West 29th Street in Greeley, CO to explore our extensive selection of high-quality preowned models, including Certified Pre-Owned Honda vehicles. Our friendly, knowledgeable sales team is standing by to help you find the perfect pre-owned vehicle to fit your needs and budget. Stop by our dealership today and let us show you how much you can save by buying pre-owned!
