Sometimes, we’re left with no other option but to purchase a new vehicle. Accidents happen, which leave our vehicles beyond repair. Many of us eventually realize that the cost of maintaining our current vehicles has become too expensive. Often, we find that one vehicle just is not enough, and we find ourselves searching for a reasonably priced second vehicle. When faced with these dilemmas, one of the first questions we must ask ourselves is whether or not we should, or have the resources to, buy a brand new vehicle or if we should consider purchasing a previously-owned one. Upon doing research, you may find that purchasing a previously-owned vehicle has some terrific benefits, especially in today’s economy.
Purchasing a brand new vehicle can result in some significant initial costs. Most new vehicle dealerships require at least 10% of the total cost as a down payment. The less you put down on the vehicle initially, the more your monthly payment will be. However, used car dealerships usually offer lower purchasing prices with lower monthly payments. In addition to lower overall cost, some previously-owned vehicles come with the added attention and coverage that comes with certification programs, especially luxury brand vehicles such as Lexus and Mercedes-Benz. Studies also show that after purchasing a brand new vehicle, its value will likely depreciate as much as 73 percent within the first three years of your ownership. Why would you want to throw your money away on something that will lose significant value almost instantaneously? By purchasing a used vehicle, you will find that you will pay less, have lower registration and license fees, and your vehicle will have a lower depreciation rate.
If you are considering purchasing a used vehicle, especially a Used Mercedes in Seattle, I-5 Motors offers a premium collection of quality pre-owned vehicles. They specialize in luxury brands, such as BMW, Lexus, Porsche, Audi, Acura, and Used Mercedes in Seattle, as well as many other luxury and performance brands. If you find yourself in need of a new vehicle, do not throw your money away on one that will leave you in financial hardship in today’s unpredictable economy. Contact I-5 Motors today, and see what options are available to you in purchasing a vehicle that will fit your needs as a driver and your current financial budget.
