Not everyone loves that new car smell, and not everyone is willing to shell out the extra cash for a brand-new vehicle. There are many benefits to purchasing a used car. These benefits include finances, slower depreciation, lower insurance premiums, and more. Keep reading to learn why drivers love a used Kia.
5 Benefits of Purchasing a Used Kia in Frederick, MD
1. Lower Finances
A pre-owned Kia means getting a quality car at a lower price. Used vehicles can be priced up to 50% less than the same model new off the lot. These vehicles have been tried and tested on the road and have a few more miles than a brand-new model. This means you know the car you are getting is reliable and should cost you much less upfront.
2. Slower Depreciation
New cars depreciate fastest in their first year. In the second year, they are still dropping rapidly. A vehicle generally depreciates by about 30% in the first two years of ownership. Purchasing a used vehicle means that it will depreciate at a much slower rate. Additionally, pre-owned Kia models are known to be reliable, meaning they hold their value at a better rate than many of their competitors.
3. Lower Insurance Premiums
A new car will have a much higher insurance premium than a used model. Additionally, as a rule of thumb, when purchasing a used vehicle, you usually don’t need to buy gap insurance along with it. When your car is totaled, a standard insurance policy should pay for the car’s value at the time of the incident.
When you owe more than what your car is worth, you need gap insurance to pay the difference. This happens a lot with cars that have been purchased brand new. However, this gap insurance isn’t usually necessary with new-to-you cars because their depreciation rate is much slower.
4. Lower Carbon Footprint
Did you know purchasing a used vehicle is better for the environment? Up to 25% of the total carbon dioxide your vehicle produces in its lifetime occurs during initial shipment and manufacturing. Therefore, purchasing a used vehicle lowers your carbon footprint and lessens the vehicle’s environmental impact.
5. Backed By Kia
When you choose to purchase a certified pre-owned Kia, you know that you get a vehicle that a quality brand backs. Certified pre-owned vehicles eliminate a lot of the stress of buying a used car. A certified pre-owned Kia has been tested and passed a 164-point inspection, so you know it is a solid and reliable vehicle.
If you are looking for a new-to-you car for your family, check out a pre-owned Kia. Come visit us at DARCARS Used Car and Service Center of Frederick and check out our inventory of trucks, SUVs, and vehicles under $20K today.
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