One of the biggest decisions that you’ll face at Hall Honda Virginia Beach is whether to buy a new or a used Honda car. For many drivers, purchasing used offers many advantages over buying new. As inflation rises to record high levels, everyday Americans are seeing the pinch, and the savings that come with buying used can be a deal breaker. Here are the top five practical reasons to buy used.
Less Vehicle Depreciation
Vehicle depreciation can be defined as the gradual loss in value of a vehicle over time. The most extreme deprecation occurs during the first few years of ownership, and a car can lose up to 20 percent when it is first driven off the lot.
Lower Insurance Costs
Insurance costs vary on a variety of factors including:
- Age
- Driving history
- Credit score
- Mileage
- Location
Typically, you’ll pay less on insurance for a used vehicle compared to a new vehicle because the value of the car is lower.
More Bang for Your Buck
By purchasing a used Honda car, you can stretch your car-buying dollar. If you have your sights set on a high-end Honda car but cannot afford this year’s model, you may be able to afford one that’s just a few years old.
Certified Pre-Owned Options
In addition to our standard used Honda cars, we also carry a selection of Certified Pre-Owned Honda cars. These vehicles are the highest quality pre-owned cars that have passed a strict multi-point inspection.
Wider Selection
If you’re in the market for a specific feature that was only found on an older Honda car, purchasing used will be your only option. In addition to Honda cars, we also carry used vehicles from other automakers.
Discover the advantages of buying a used Honda car right here at Hall Honda Virginia Beach. We carry a wide selection of used Honda and Certified Pre-Owned Honda sedans, SUVs, and more.
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Pre-Owned Inventory
