When purchasing an SUV in Calgary, one of the primary decisions you’ll face is whether to buy new or used. Both options have advantages, but buying a used SUV can offer several compelling benefits. In this guide, we’ll explore the advantages of choosing a used SUV in Calgary.
1. Cost Savings
One of the most significant advantages of buying a used SUV is the cost savings. New SUVs typically depreciate rapidly within the first few years of ownership. You can often find a used SUV in excellent condition at a significantly lower price than a new one. This cost savings can allow you to get more features and a higher-end model within your budget.
2. Lower Insurance Costs
Generally, insurance premiums for used SUVs are lower than those for new ones. This means that you can enjoy ongoing savings on insurance, which can add up over the years.
3. Reduced Depreciation
New cars experience their most substantial depreciation during the first few years. When you buy a used SUV, you avoid this steep depreciation curve. While all vehicles depreciate to some extent, used SUVs tend to hold their value better than new ones.
4. Vehicle History Reports
Thanks to services like Carfax and AutoCheck, you can access detailed vehicle history reports for many used SUVs. These reports provide essential information about the SUV’s past, including accidents, title status, and maintenance records. This transparency can help you make an informed decision.
5. Certified Pre-Owned (CPO) Programs
Many dealerships in Calgary offer certified pre-owned SUVs. These vehicles undergo rigorous inspections and often come with extended warranties, giving you extra peace of mind when buying used.
6. More Vehicle Options
Buying used opens up a broader range of vehicle options. You can explore various makes, models, and trims, including SUVs that may no longer be in production as new vehicles.
7. Avoiding New Car Fees
New cars often incur additional fees like destination, advertising, and registration charges. You can avoid some of these fees when you buy used, helping you save money.
8. Easier Budgeting
The lower upfront cost of a used SUV makes it easier to budget for other essential expenses, such as insurance, maintenance, and potential repairs.
9. Steady Insurance Rates
Insurance rates for used SUVs remain more stable over time than new vehicles. You won’t experience the sharp increase in insurance premiums that often come with brand-new cars.
10. Reduced Environmental Impact
Buying a used SUV can be more environmentally friendly than purchasing a new one. Manufacturing a new vehicle consumes resources and energy while buying a used one extends the life of existing SUVs.
11. Less Risk of Rapid Depreciation
New vehicles can experience rapid depreciation in their first years, leading to a potential loss of value if you decide to sell or trade-in your SUV. Used SUVs have already passed this initial stage of depreciation.
12. Vehicle History Insight
You can research the model’s performance history with used SUVs, including common issues and reliability ratings. This information can help you choose a more dependable vehicle.
13. Ownership Costs
The overall cost of owning a used SUV, including insurance, taxes, and registration, is lower than for new ones. You can allocate your savings to other priorities.
While new SUVs offer the appeal of the latest features and warranties, buying a used SUV in Calgary presents several compelling advantages. From cost savings and reduced depreciation to a broader range of options, purchasing a used SUV can be brilliant for individuals looking to maximize their value and minimize their expenses.
With careful research and inspection, you can find a reliable, well-maintained used SUV that suits your needs and budget, allowing you to enjoy all that Calgary’s diverse landscapes and activities offer.