Why Buy Used?

September 20th, 2021 by

Are you looking for a great deal on your next vehicle? Then you should consider purchasing used. In fact, there are several reasons why purchasing used is a smart choice. At Ken Ganley Kia of Medina, we have one of the top used inventories in the Medina, OH area. We sell hundreds of top-quality, used cars, trucks, and SUVs to drivers looking for a top deal. Here’s a look at why purchasing used may be the best option for you. 

1). Used cars are usually less expensive

On average, the cost of a new vehicle is $40,000. However, if you look at used vehicles, the average price is about $26,000. This could be easier on your wallet. You can even find used cars at well under the price of the most affordable new cars. If you are looking for your first vehicle or an affordable second vehicle for the household, then purchasing used is going to make the best sense for you. 

2). You don’t have to deal with steep depreciation

Did you know that a new vehicle loses 1/3 of its value the day that it rolls off of the dealership lot? If you don’t want to deal with the steep depreciation of a new vehicle, then you will want to purchase used. One of the best shopping tactics is to purchase a vehicle at the “sweet spot” of the depreciation curve. This is the point in the vehicle’s deprecation when the vehicle has lost about half of its value. Usually, you can find a vehicle at the sweet spot of its depreciation curve at about four years. A four-year-old car will still be very reliable while also being extremely affordable. 

3). You can drive more vehicle for your money

Have you ever wanted to drive a luxury vehicle or a vehicle with lots of horsepower? When you purchase a used vehicle, then you can drive more vehicle for your money. For instance, let’s say that you want to drive a mid-sized luxury sports sedan. The cost of a new mid-size luxury sports sedan can cost anywhere from $50,000 to $80,000. However, you can find a quality used, four-year-old, mid-size luxury sports sedan for about $25,000 to $40,000. 

4). You can find options at under $15,000

If you don’t have lots of money for your vehicle purchased, then buying used is going to make lots of sense. For instance, Ken Ganley Kia of Medina offers several used vehicles for under $15,000. We understand that there are a number of students and people on fixed incomes who need a vehicle. That’s why we work hard to ensure that we have a number of affordable vehicles in our inventory. There is a good chance that you will find a vehicle that you want that is also within your price range. 

5). It’s easy to track a used vehicle’s history

In the past, you had to “roll the dice” when it came to purchasing a used vehicle. After all, you didn’t really know who previously owned the vehicle, and you weren’t sure if the vehicle was in an accident. Today, you can use a CARFAX report to learn everything that you need to know about a used vehicle. That includes the vehicle’s mileage, accident reports, service reports, and ownership history. This gives you the peace of mind that you are purchasing a vehicle with a clear history. 

6). Many used vehicles are properly screened before they are placed for sale

Do you want to make sure that you are purchasing a quality vehicle while shopping used?  Many dealers pre-screen their used vehicles before they are placed for sale. At Ken Ganley Kia of Medina, we put every used vehicle through a complete mechanic, cosmetic, and safety inspection before it is placed for sale. That means that every vehicle that you see on our dealership inventory is ready to provide you with years of quality driving. 

7). Lower insurance rates

Finally, used vehicles usually come with lower insurance rates. If you are younger, then driving a used vehicle is going to make more sense because you can potentially save hundreds or even thousands of dollars when you drive used. Also, used vehicles do not require as much coverage as new vehicles. Therefore, you don’t have to purchase a huge policy with stiff premiums. 

Purchasing used as the smart choice

As you can see, purchasing a used vehicle is going to make lots of sense. When you purchase used, you are going to get more vehicle for your money. Also, you can have peace of mind knowing that the vehicle has been pre-inspected and has a clear ownership and accident history. Here are some tips to consider when purchasing a used vehicle:

Check out the vehicle’s range of prices – There are several resources where you can find the average price of a used vehicle. Two of the best vehicle pricing resources are Kelly Blue Book and Edmunds.

Watch vehicle review videos

Check out the vehicle’s range of prices  – If you want to know more about a particular used vehicle, you can search for a review on it on Youtube. You will find detailed reviews on just about every part of the vehicle. 

Connect with owners on vehicle forums – Just about every vehicle has its own forum group. For instance, if you are interested in a used Kia Sedona, then you can take to current Sedona owners and learn more about the vehicle. 

Finding a great deal with a used vehicle at Ken Ganley Kia of Medina

Get a great deal on the used vehicle of your choice at Ken Ganley Kia of Medina. We are one of the top sealers of quality, used vehicles in the Medina, OH area. Be sure to visit our dealership today and see what we have available. We look forward to offering you a top deal on a quality used car, truck, or SUV. Visit us today.

Posted in Shopping Tips, Used