The average price for a new car in the United States is approximately $32,000. This price doesn’t include state taxes, dealer fees and tag fees.
Due to the increasing prices of new cars, many customers are exploring options at pre owned car dealerships Canton OH. Here’s why.
Lower Sales Tax
Used cars have lower sticker prices than new cars. As a result, you’ll save money on sales taxes. In some states, you won’t be required to pay sales taxes at all.
Less Depreciation
Depending on a new car’s brand and model, you can expect the vehicle to lose as much as 30 percent of its value after you drive it off the dealership lot. When you purchase a used car, the bulk of the vehicle’s depreciation has occurred. While it’s true that used cars will lose value each year, they don’t lose their value as quickly as new cars.
More Extras and Amenities
When you purchase a new car, you may have to pay extra if your want a navigation system, upgraded technology features and pinstripes. The amenities are already factored into the price of a used car. So, you won’t have to pay more for amenities that drive up the vehicle’s price by thousands of dollars.
Lower Monthly Car Payments
Purchasing a less expensive car means that you’ll have lower car payments. You may have the opportunity to purchase a luxury used car with a lower monthly payment than a new midsize sedan.
Thinking about purchasing a car from pre owned car dealerships Canton OH? At Squared Auto, we have a select inventory of vehicles. In addition to car sales, we offer weekly specials, finance options and a service department with skilled technicians. Visit our dealership to explore our current inventory.
