Used Cars, Trucks and SUVs for Sale in Burlington, NC

The Benefits of Buying a Used Vehicle in Burlington, NC

Deciding between buying a new vehicle or a pre-owned option can be tough for some car buyers around Greensboro. Many people are drawn to the modern styles and features of the latest vehicles, and some prefer to buy a vehicle that nobody else has owned. However, late-model used vehicles may also have the latest body style and most of the features offered in new models. Most were well-maintained by their previous owners and have fewer miles on the odometer. What are some of the other benefits of buying a used Hyundai Elantra, Sonata, or other vehicle at Crenshaw Hyundai?

Affordability

When you compare the price of a brand-new vehicle to that of a comparable used vehicle, the used car will typically be more affordable. In fact, the price difference may be substantial enough to allow you to buy a higher-end model. You may also be able to choose a more advanced trim level and options that you may otherwise not be able to afford if you choose a brand-new model.

Depreciation

As soon as a brand-new vehicle leaves the sales lot, the effects of depreciation begin to take a toll. The specific depreciation rate is based on numerous factors, such as the make, model, and market conditions. Hyundai vehicles like the Accent, Venue, and others tend to hold their value well but will still depreciate. Vehicles usually lose most of their value in the first year. When you buy new, depreciation is reflected as a financial loss. On the other hand, depreciation results in a lower sales price when you buy used.

Car Insurance

Auto insurance premiums are based on various factors, including the make, model, resale value, engine type, and more. Often, the cost to insure a brand-new vehicle is higher than that of a used vehicle that is only a few years older. Before finalizing your selection of a used Hyundai or another make and model, compare insurance quotes on the vehicles you are interested in.

Warranty Coverage

One of the appealing aspects of a new car purchase is the peace of mind that comes from manufacturer warranty coverage. However, this coverage typically passes to a second owner. You can purchase an extended warranty if the original coverage is not in place. Our associates at Crenshaw Hyundai can tell you more about the options when you visit us soon. New Hyundai vehicles, for example, are sold with a 10-year, 100,000-mile manufacturer warranty, and this coverage transfers to a second owner. If you purchase a pre-owned Hyundai that is two years old with 20,000 miles, you will still benefit from coverage for eight years or 80,000 additional miles.

Variety of Options

If you purchase a new vehicle, you can buy off the lot or custom order a vehicle to your specifications. Sometimes, the custom order process can take months to complete, and this is not practical for many auto shoppers. When you select a new vehicle from the lot, you are limited only to the latest model year and the options available for that year. On the other hand, if you purchase a used vehicle, you may have various model years and trims to choose from. You may also access discontinued features and packages not offered with the current model year.

Check Out the Used Vehicles in Stock Today

Our dealership serves customers from Graham to Hillsborough, NC, by providing friendly customer service, a great variety of used vehicles and competitive prices. For our team's full support with your search for a used car, contact us today at Crenshaw Hyundai.