What is better than a brand-new car with all the bells and whistles? The answer is a used car that has the same features but at a more affordable rate. Indeed, buying a used vehicle can help you save money and provide the same level of satisfaction as a new car. You would enjoy these benefits when you get yourself one of the used cars in Hollywood FL.
Cost-Saving
First of all, used cars cost 50 percent lower than brand-new cars. It is easier and faster for you to pay off a used car, allowing you to save more on the financing fees. On average, consumers switch cars 6 years after purchase. You can use the savings for buying another car or making the next one a better vehicle option.
No Surprising and Exaggerated Fees
Most often, the deal of a new car looks convincing, but what you don’t know is that it includes many hidden and crazy fees which include shipping charges, dealer preparation fees, and destination fees. You may even find car charges that include advertising fees. Used cars usually don’t come with hidden fees. Sometimes they include a doc fee, which may cost a hundred dollars.
Lower Insurance Premiums
When you have an accident while driving a new car, the insurance will take care of the overall car’s worth. This leaves a gap between the vehicle’s worth and the purchase price. This is where the gap insurance sets in. Gap insurance is what covers the difference between how much you paid for a brand-new vehicle and its depreciated value. However, this will increase your insurance premium. This insurance is not needed when you buy a used car because its depreciation has already taken place.
Inspected and Certified
Whether you opt for used cars in Hollywood FL or elsewhere, you can turn to certified pre-owned vehicles. Doing so will make sure that your used car is of top quality and that it has been completely inspected yet sold for a bargain. Certified pre-owned vehicles have already been inspected, certified, and refurbished by the manufacturer or any other certifying authority. This will serve as an assurance that the vehicle is of high quality. This type of certification also ensures that pre-owned vehicles have special financing, extended warranty, and other advantages.
Warranties
Some used cars still include a part of their original warranty while others have the option of creating a new one. A used car with an extended manufacturer warranty may offer factory trained technicians to check and repair the vehicle using quality parts and a professional service.