4 Reasons to Buy Used SUVs

If you need to replace your vehicle, you may want something different this time. You have several selections for body styles, but basically, the main selections are cars, trucks, and sports utility vehicles. You’ll enjoy many benefits when you shop used SUVs and here are some reasons why.

1. Cost

Maybe you can’t afford $30,000 for a new vehicle. The truth is, many new SUVs start out around $30,000, and the price goes up from there. However, it’s possible to find used SUVs less than one year old, and you’ll save $10,000 or more on the price. This is a huge thing to consider before you buy a car.

2. Get What You Really Want

Maybe you’d like to have a new SUV, but you can’t afford one. If you want something new, you’ll have to settle for less than what you really want. In fact, you might buy a car smaller than you’d like to have. There is a solution to this problem. You can buy a beautiful late-model SUV with all the features you need, and pay the same price as buying a new smaller car. For many families today, this option makes the most sense.

3. Other Costs

Suppose you buy a pre-owned sports utility vehicle, and you save about $12, 000 over a new one. If you live in Columbia, South Carolina, you’ll pay eight percent sales tax. By cutting $12,000 off your total, you lower the sales tax by a whopping $960. This is another cost that you might not consider when you shop for cars.

4. Depreciation Losses

Did you know that a brand new car can lose close to half of its original value in just three years time? When you drove it home, you lost about 11 percent. Shopping for used SUVs can put a lot of money in your pocket, years after you buy.

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