The time has finally come: your old sedan took its last breath at the side of the road, leaving you to face an expensive reality – you require new wheels!
Though you are tempted by the idea of a shiny new jeep sitting in your garage, your wallet stops you from taking the step further and looking for a Jeep dealer in San Diego. So, you might be thinking of buying second-hand. But then you are confused about whether it is the right decision.
Don’t worry! You have come to the right place, as this post will walk you through the benefits and drawbacks of purchasing a used jeep.
Benefits of Purchasing a Used Jeep
Second-hand jeeps may lack the mystique and magic of the original ones, but they still have the plus points that make them worth a shot.
Buying a Used Jeep will Save Money.
It is no rocket science that purchasing a new jeep will put significant strain on your wallet. New cars typically cost more than second-hand; though you can get some leverage with lower interest rates, still the price will be high.
At the same time, when any car enters the used-vehicle market, its cost is automatically reduced. So, investing in a second-hand jeep is not a bad idea, especially if you can find a properly kept and maintained vehicle – something you can easily find when you search for a Jeep dealer in San Diego.
Cheaper to Ensure
The great thing about a used car is that you have to spend less on insurance than paying for full insurance when buying a brand-new jeep.
Though the insurance rate will mainly depend on the model, it will be significantly lower than that of a new car. One reason for this could be that it doesn’t require much to replace an older version compared to a new one.
A fact that most consumers are unaware of is that every car comes with a depreciation value. When you drive out of the car showroom, its value starts to fall. Most vehicles begin to depreciate right after the first few years of use. So, buying a new jeep is not that big of an investment.
At the same time, when you buy a used car, you are letting someone – perhaps the previous owner take the depreciation hit.
Drawbacks to Purchasing a New Jeep
Certain red flags come with buying a second-hand jeep. Since you have little idea about how the previous owner treated the car and why it is being traded in, there is always the risk of taking someone else’s problem home. Some other issues are also prevalent.
When purchased for the first time, every product is at its best. The same thing can be said about jeeps. Buying a new one will have the latest features, such as good gas mileage and lower emissions.
However, the jeep parts such as engine, speed, or other things can start giving you trouble within time and use. In this sense, remember that you could face trouble down the road with its body and engine parts when purchasing a second-hand jeep.
Another problem with buying a second-hand model is choices are limited. It would be difficult for you to find a vehicle with the exact features and options you need.
One of the significant drawbacks of purchasing a used jeep is that you will find no warranty covering the repair cost. On the other hand, a new car generally comes with one that will cover any problem that arises within a few years of purchase or as long as the warranty states.
The Bottom Line
If you are someone more interested in the latest technology and features than price, buying a new jeep is the right choice for you. However, if money is an issue and you probably want something of good value at a low price, going for a second-hand one is the route you should pick.
Ultimately, it depends upon you which direction you take – buying new or old!
It is advised to check new and old showrooms, compare the price and features, and gauge which option best suits your lifestyle and financial state.