Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the advantage of purchasing a pre-owned vehicle?

April 26, 2017advantage pre-owned purchasing vehicle

0

Posted

What is the advantage of purchasing a pre-owned vehicle?

1 Answer

0

Posted

It is to your advantage financially to purchase a pre-owned car or truck. A new vehicle usually depreciates between 20% to 40% in the first two years. This is a tremendous savings to the consumer. Also pre-owned vehicles are generally less costly to insure.