When it comes to affordability, charisma and style, the new Honda lineup leaves very little to be desired. And here at your trusted local San Diego Honda dealer Pacific Honda, we couldn't be prouder of all the exciting new Honda vehicles we currently have to offer on our showroom floor. But there's one pitfall to the glowing success of the new Honda collection —sometimes it overshadows the excellent crop of used cars, trucks and SUVs we also have to offer our valued customers. For many drivers, buying used makes more sense than buying new—and for good reason! Here are a few reasons signs that point to "yes" if you're wondering whether a used car purchase might be in your future.
Buying a used car is simple common sense in many scenarios. Obviously, budget is the top concern—and it's a bigger one than many people realize due to the many factors that weigh on an auto purchase decision. When it comes to buying used, your budget matters beyond just a vehicle's list price.
It's no secret that buying used helps you avoid the 20% average value depreciation that hits a new car as soon as it leaves the dealership and the extra 10% it loses over the course of the first year of ownership. But your budget also matters when it comes to other outliers like insurance and registration. Because a key factor in the cost of auto insurance is your vehicle's value, used cars tend to boast lower premiums than new ones. And often, registration costs mirror transaction prices. Check out the situation in your state to see if that should be a concern during your car-buying journey.
Another reason to buy used instead of new? Most automakers no longer redesign their models with each passing year. That means buying a used vehicle doesn't necessarily mean you'll be sacrificing the latest bells and whistles when it comes to technology, convenience and safety. And when you opt to utilize the Honda Certified Pre-Owned program, you'll receive peace of mind with your purchase thanks to Honda Certified Wrap Coverage—a package that features comprehensive component coverage, roadside assistance, towing, lock-out assistance, rental car reimbursement and even trip interruption benefits.
Have we convinced you that buying a used car might be the way to go? Please don't hesitate to contact Pacific Honda if you have any additional questions or concerns about the process. We'd be more than happy to walk you through all the pros and cons, or show you around our used vehicle inventory when you stop by our dealership's convenient location at 4761 Convoy Street in San Diego, CA. Either way, we can't wait to work with you soon!