Mike Rollins

Mike Rollins
Member since Jul 23, 2022

by Mike Rollins on Jul 23, 2022

Finance

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There are lots of reasons to buy a used car, but the most important one is that it can save you tons of money! In fact, buying pre owned vehicles in Spanaway, WA, can save you enough money to pay off your mortgage in some cases! From saving money to getting better gas mileage, there are many reasons to buy a used car instead of a new car. Here are five practical reasons to buy a used car over a new one. Low Vehicle Depreciation When you buy a new car, it can lose up to 20% of its value the moment you drive it off the lot. In just the first year of ownership, a new vehicle can depreciate by as much as 30%. After three years, that number jumps to 40-60%. But when you buy a used car that's just a few years old, it's already gone through that initial depreciation hit. So, you can save a significant amount of money by buying Spanaway used cars. Less Insurance Cost One of the most practical reasons to buy a used car is that the insurance costs will be lower than if you ... Continue reading →

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