The Benefits of Buying Used Cars in St. Charles

The Benefits of Buying Used Cars in St. Charles

December 31, 2019  

The Benefits of Buying Used Cars in St. Charles

Are you looking for used cars in St. Charles? 5 Star Auto Plaza has a large and ever-changing inventory of used vehicles to choose from. There are several factors to consider when buying a used car rather than a brand new one.

  1. New Cars Depreciate – The consensus is that as soon as you drive off of the car lot, your new vehicle will depreciate 10% and will jump to 20% during the first year.
  2. Lower Sticker Price- You can purchase a used vehicle at a lower price than if it was brand new. You may be able to get a luxury vehicle at a fraction of the cost of brand-new, which is an excellent value if you find a car with low mileage.
  3. Lower payments- Your payments are smaller with a used vehicle than a brand new one due to the lower sticker price.
  4. Data- On a used car, you have its history available, so you know what’s happened with the vehicle. It’s a lot less risky of a purchase than in the past because of the technology available that gives data.
  5. Insurance costs- Insurance payments are generally less expensive because the vehicle is insured for less due to the lower monetary value to replace the car if you get in a wreck. This is something people don’t often consider when purchasing a vehicle, and it is essential when you’re budgeting for costs.

These are simply a handful of reasons to consider purchasing a used vehicle rather than a brand new one. If you are looking for used cars in St. Charles, contact our team at 5 Star Auto Plaza at (636) 940-7600 to set up a time to view our inventory and discuss your financing options. 

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