A Few Reasons Why Used Cars May Be a Better Value for Your Money

A used car may be a better value for your money both today and for as long as you own it. This is because a used Volvo in Palatine will generally cost less than one from the current model year. At the same time, you are entitled to the balance of the manufacturer warranty that comes with it. What are some other benefits of purchasing a used car?

Used Cars Depreciate Slowly

A used Volvo in Palatine will depreciate at a fraction of the rate that a new vehicle would. Typically, new cars lose about a quarter of their value the second that they are driven off of the lot. They can then go on to lost about half of their value in the first three years of ownership.

You Know That a Given Vehicle is Reliable

Vehicles that have been driven for 10,000, 20,000 or 50,000 miles without incident will likely continue to run with few problems. Therefore, the odds are good that you won’t have to spend a lot of time and money taking your car to a repair shop. Even if a car is under warranty, it can be frustrating to not be able to rely on it to take you to work or school each day.

Get Modern Safety Features

A used car is not necessary an old car. Cars are marked as used when they are traded or sold from their first owners to a dealership or a private buyer. Therefore, it may be possible to purchase a used vehicle that has advanced safety or technology features included. These features can make a car more fun to drive as well as increase a car’s resale value.

If you are looking for a quality used vehicle, head to McGrath Volvo Cars Barrington or its website MCGrathVolvoCars.com.

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