Pre-owned Mazda cars can be perfect for students, families, and many other kinds of drivers. When you opt for a pre-owned vehicle over a new model, you have way more options available to you at a wide range of price points as well.
If you’re not sold on the idea of a pre-owned vehicle just yet, consider these financial factors before you visit our dealership.
Overall Cost
The most obvious benefit to buying a pre-owned car is the lower overall price point. A new vehicle depreciates in value the moment it leaves a dealership, and it continues to depreciate in the first year of ownership. However, if you opt for a pre-owned model, you can take advantage of the depreciation that’s already happened and buy a model at a fraction of the cost.
Favorable Financing Terms
You can also save money on a pre-owned car by skipping financing altogether and paying for your vehicle outright. However, if that’s not doable, you can still pay off your loan early or make a substantial down payment to minimize interest.
Lower Insurance Costs
Another way you can save with a pre-owned car is with lower insurance rates. Often, new cars come with full coverage insurance, which can be more costly. Not to mention, full coverage is usually required for newly financed cars, which is why their prices are so high. Models that are slightly older do not have insurance costs that are as high.
At Peruzzi Mazda, we love showing our customers around our lot and helping them find the perfect vehicles for their lifestyles. You can view our inventory online anytime and contact our sales professionals when you are ready to talk specifics. We look forward to seeing you soon at our Fairless Hills car dealership!
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