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310 East 20th Street, Chattanooga, TN, 37408

Benefits of Buying a Used Car

2022 Chevrolet Equinox
Are you shopping around Ooltewah for a vehicle on a budget? If so, you may be considered buying pre-owned. If you’re on the fence, we’re here to say that there are countless used car benefits to consider. Learn about the major pre-owned car benefits with us, and then, fill out a pre-approval and contact Mtn. View Chevrolet to arrange to test drive our used vehicles for sale in Chattanooga!

Pre-owned Car Benefits: Residual Value Trends

Did you know that when you buy a new car, it loses up to 11% of its value the first time you drive it off the lot? One of the best benefits of buying a used car is that you don’t have to pay for the honor of demoting the once-mint condition of a new vehicle by being the first person to purchase it. What’s more, the rate of depreciation slows with each year of your vehicle’s life, so the older the vehicle you buy, the less money you’ll lose to depreciation.

Pre-owned Car Benefits: Insurance Premiums

According to the statistics, used car drivers are a lower liability than new car drivers. Since insurance agencies determine your monthly rate depending on how you score in terms of liability, it goes without saying that driving used usually results in lower insurance premiums!

Pre-owned Car Benefits: Selection

When you shop for used cars near Dalton, you’re shopping from a selection that includes multiple makes, models, and trim levels from a wide variety of model years. All of a sudden, your budget is opened up to a much larger selection of features, vehicle classes, and engine options to consider, and many of these options may be out of your budget when shopping new!

Test Drive Used Vehicles for Sale Near Athens

There are many more used car benefits, so if you have questions or are curious, don’t hesitate to call Mtn. View Chevrolet at (423) 763-7946 to learn more about the benefits of buying a used vehicle! We’re happy to answer your questions, and can arrange for you to test drive our pre-owned vehicle specials in Chattanooga! Till then, take a moment to read our used car buying checklist!

 

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