It’s a myth that new vehicles are always better. While new trucks hit the market every year, many car shoppers are finding that buying used trucks is more practical. You can save more money, find more durable designs, and opt for certified pre-owned programs for added assurance. Buying used is smarter — and here are a few reasons why.
Buying used saves you money — and we’re not just talking about sticker price. New trucks can lose from 30 to 40 percent of their initial value in the first few years of ownership, which means vehicle depreciation is a serious issue for new-car buyers. If you buy a used truck, you avoid this initial depreciation, saving more money in the long run. Plus, with a lower sticker price, financing is often less when you buy used, so you’ll avoid paying too much on interest.
They don’t make them like they used to. One key example is the Ford F-150. While there are advantages to the lightweight aluminum design of the latest generation of F-150 models, aluminum may dent and get damaged easier if you’re loading and unloading cargo. It’s worthwhile to do your homework when shopping for a truck, as you may often find that older trucks are more durable than their new counterparts. Pay particular attention to material, design and engineering.
You can buy certified pre-owned trucks now as well. Any certified truck is required to undergo a rigorous inspection, and it has to meet key criteria. CPO models have a vehicle history report, and they usually come with added warranties and perks, like roadside assistance. So, if you like buying used but want a little extra peace of mind, a CPO truck is probably right for you.
Shop with us at Pollard Used Cars, and we’ll help you find the ideal truck for your lifestyle and budget.