Purchasing A Pre Owned Vehicle Can Save You Money!

1. Purchasing A Pre Owned Vehicle Can Save You Money!

2. If you are thinking about buying a used car , you are probably already aware that buying a used car can result in significant savings off of the cost of the car purchase. However, did you know that buying a used car can help you save money in other areas as well? 

3. Few ways that buying a used car can result in significant savings  Reduced purchase price. Not only is the cost usually less, but you may also get the benefit of having extra features or options for free or very little extra expense. Here’s why: When you buy a new car, you get to choose exactly what options and features you add onto the car. Because you are able to make that choice, each little thing you do that’s optional will cost you more money.

4. Lower insurance. Insurance agencies base their insurance rates on how expensive it will be to repair or replace a damaged vehicle and on the likelihood that your vehicle will be damaged or broken into. Of course, there are other factors affecting insurance rates as well – such as your driving record and locality – but the car plays a huge role. It is less expensive to insure older model vehicles, which will save you money over the life of the car! Lower taxes. You are probably aware of the high rate of taxes that you will have to pay when you own a new car. Depending on your locality, these taxes can be quite expensive. However, when you have a used car the taxes will be lower because the value of your car will be lower.

5. Contact us today at www.carloanskingston.ca to find out other ways that we can help you save money by buying a used car! Not only will we find you a great used car to suit your lifestyle, but we can get you approved for your car loan, regardless of past credit. Apply Today!