3 Advantages Of Buying A Used Truck
Having a truck can be great- it gives you the ability to haul things, they are fun to drive, and if you are adventurous you can take your truck off-road. Whether your current truck is on its last legs, or you are interested in becoming a truck owner for the first time, you may be on the fence about whether to purchase a new truck or a used truck. There are pros and cons to each, but if you are in the market for a truck, buying used may be your best bet. There are many advantages to buying a used truck, such as:
Lower Overall Cost
Obviously, a used truck is going to be less expensive than a new truck. If a brand new truck in the make and model that you are interested in is out of your budget, you can most likely afford the same truck if it is a few years old. Most truck models don't change dramatically each year, so there is a good chance that you can find a quality used truck that has all of the features that you are looking for and is also in your price range.
Less Depreciation
The new truck smell is nice, but buying a truck new comes at a big cost. New cars and trucks start depreciating in value as soon as they are driven off the lot, so a new car or truck that was only purchased a week ago isn't worth what it was bought for. It will depend on the make and model, but it is estimated that a new vehicle depreciates in value by 19% in the first year, and after the second year of ownership it is only worth approximately 69% of the original purchase price. When you buy a used truck that is a couple of years old, you can avoid the steep depreciation and know that you're buying a dependable truck that is a good value.
The Ability to Afford More Options
A new truck versus a used truck may come down the choice of buying a bare bones model compared to a fully loaded truck with all of the bells and whistles. If you are seeking a number of optional features that can be very expensive in a brand new truck, there is a good chance that you can find a great used truck that has what you want. If you have reservations about buying used, look for a truck dealer that offers certified used trucks- every certified used truck is carefully examined and tested to ensure that it is in good running condition, and many certified used trucks come with a warranty.
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