Buying a new car has benefits, but expect some drawbacks. When the day arrives to sell or trade that once new vehicle, depreciation could bring down the valuation. With a used car, the vehicle likely already went through the bulk of its depreciation.
Now, depreciation might not be the "top" thing on people's minds when buying used. However, it illustrates there are things to consider when deciding to buy a new or used model.
Realize that a used vehicle comes with some additional benefits. The insurance costs might be lower, and that means fewer expenses. Of course, the greatest cost-cutting may come with the purchase. Used cars provide a chance to buy a car, truck, or SUV at a low price. And look at the variety of models available. Buyers have much to choose from when buying used.
Why not choose a model at Burdick BMW? Look at what's now available at our Cicero inventory.