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Why Should You Buy a Used Car?

If you’re looking for a used vehicle, Cadillac Pensacola is your one-stop-shop! There are many reasons why our customers opt for a quality used vehicle, including like-new quality at a more affordable price, great financing opportunities, and a wide range of options to choose from. There’s never been a better time to buy a used vehicle from Cadillac Pensacola, and we’ve got a great selection of pre-owned vehicles and Certified Pre-Owned vehicles available. Buying a new or used car is a journey and our team is here to assist you along the way.

Advantages of Buying Used

Lower Prices

Because of this price advantage, car shoppers often have the ability to step up to a nicer model in the used market. Considering that used cars are cheaper than newer models, used cars will have a lower loan amount and based on the terms of the loan, the monthly payments may be lower and have less total interest. Also, lower prices for used cars mean there are better chances of being able to buy your vehicle for cash or making a large down payment.

Avoid Depreciation

We’ve all heard the stories about how quickly a new car can depreciate. The steepest decline in depreciation in new cars happens right away, with some models potentially losing 40 percent or more of their value in the first year alone. Used cars hold their value longer with minimal differences from their newer counterparts putting used car buyers at an advantage when it comes to depreciation.

More Vehicle Options

While the new car market is full of newer and fresher looks, it’s hard to find exactly what you’re looking for with options being limited. The used car market allows you to find the exact car you want with a variety of options. From smaller trucks to midsize cars and SUVs, we have you covered. As the used car market continues to grow, used vehicle quality and reliability are improving as well. Now there are more high-quality cars that can endure much more mileage.

Research and Reviews

In the process of researching a used vehicle, buyers have the advantage of several years of reliability information which they can access. Potential problems or issues can be avoided simply by researching a vehicle’s history and reading critical reviews. There are plenty of reputable websites to do research on new and used cars such as, Cars.com, Cargurus, Edmunds and more!

Used Vehicles FAQs

What Should I Look for When Buying a Used Car?

It may sound crazy, but one of the most important things when buying a used vehicle is dealership trust. In a sales world with questionable tactics, it’s important you trust the dealership you are buying from. Luckily, buying a used vehicle from Cadillac Pensacola means our sales team is helping you look for a vehicle with low mileage and in excellent condition, at a price that you can afford. Check out our extensive selection of reliable used vehicles, and we’ll help make the process easy!

Is it Easier to Finance a Used Vehicle?

Since used vehicles typically have smaller loan amounts, they’re normally easier to finance than new vehicles. At Cadillac Pensacola, our experienced finance team will gladly help you every step of the way! We also work with various credible financial institutions that can give us the ability to help you get credit approval regardless of your credit history. Go ahead and fill out a credit application today!

Will a Used Vehicle Depreciate Differently than a New One?

Yes! Any new car loses much of its original value once it leaves the lot. A benefit of buying a used vehicle is that its value is already at a steady level and will typically remain the same over time.

What’s the Difference Between Used and Certified Pre-Owned?

The main difference is that certified pre-owned vehicles have been thoroughly inspected and reconditioned to like-new quality. Also, most certified pre-owned programs have an extended warranty that activates after the New Vehicle Warranty expiration, which is an additional perk for CPO owners. A used car from a private seller won’t have the same warranty protection and perks as a certified pre-owned vehicle from Cadillac Pensacola.