Categories: Tips & Tricks

Top Benefits of Buying a Used Car

Advantages of Buying a Used Car Instead of New

Buying a used car can also offer the same thrill and contentment as a new car if the choice is made rightly. It will also not overburden you financially. The fundamental purpose of having a vehicle is to have a default means of transportation by your side 24/7. If a used car can offer the same at a much lower rate, why not opt for a used car instead? Keep reading this blog by McLaren Chicago dealership in Chicago, IL, to learn more about the advantages of buying a used car instead of a new one.



Reasons for Buying a Used Car:

1. Saves You Money

The cost of used cars is almost 50% less than the new cars. Deciding to buy a used car will save you a lot of money and help you stick to your financial plan. Getting the same features and elements at a much lower rate is undoubtedly a profitable deal.

2. No Additional Fees

A new car usually comes with hidden fees such as shipping charges and destination charges. A used car does not have such exaggerated costs.

3. Lower Insurance Rates

The worth of a used car compared to a new car is considered low by the insurance companies. So, a used car has low insurance rates.

4. Lower Annual Registration Fees

The annual registration fee is maximum in the first three years of owning a car. Post that, it starts depleting. So, if you purchase a vehicle that is a minimum of three years old, you will have to pay lower annual registration fees.

5. Depreciation Perks

A new car loses a maximum percentage of its value in the first year. But, depreciation of an old car is relatively slow. Keeping this in mind, the wise option would be to buy a used car and resale it for almost the same price after two years. This will bring you more profit than opting for a whole new vehicle.


Read more: Is A Pre-Owned Vehicle Worth Buying?



Read more: Can you drive a McLaren on the street?


If you see yourself driving one of the pre-owned beauties, check out our impressive inventory of pre-owned cars at the McLaren Chicago dealership in Chicago, IL.

Share

Recent Posts

McLaren Automotive Partners with Divergent to Revolutionize Suspension Technology on the New McLaren W1

McLaren and Divergent Collaborate to Develop Advanced Suspension Systems   McLaren Automotive has consistently been…

December 18, 2024

Where to Buy a Used McLaren P1 Steering Wheel in Chicago, IL

Exclusive Pre-Owned McLaren P1 Steering Wheel Near Me in Chicago, Illinois    When it comes…

December 16, 2024

Video: Dubai 24 Hours Champion’s Take on the McLaren 750S Performance

Joe Osborne, Dubai 24 Hours Champion’s Verdict on the McLaren 750S   When a seasoned…

December 13, 2024

What Makes the 2025 McLaren Artura Spider a True Supercar Icon?

2025 McLaren Artura Spider Notable Features that Set it Apart    The 2025 McLaren Artura…

December 12, 2024

Celebrating the McLaren P1™ with Maurizio Zagarella: Watch the Video

The McLaren P1™: A Tribute to Power, Performance, and Legacy with Maurizio Zagarella   The McLaren…

November 26, 2024

McLaren Artura Dominates British GT Championship, All You Need to Know

British GT Championship: McLaren Artura Secures Victory with Stellar Performance in GT3 and GT4 Season…

November 25, 2024