McKenzie Sales Yorkton Archive

Buying a car can be such a fun experience. During the first test drive your blood is pumping and you’re excited to feel what this potential new car has to offer.

However, once upon a time, buying a used car was a risky proposition. There was a good chance you could buy a lemon, or a car that had been used and abused. Today the savvy customer does not face these risks. It is safer, and less risky, than it has ever been before.

Many dealers offer one-owner vehicle that are still on warranty, so that takes some risk out of the equation, and in addition, there are many research tools on the internet to help you learn about the reputation and performance history for the specific vehicle you may be interested in. With a little research, you should know of any recalls or common problems.

In saying that, it is best to keep in mind that car makers have made a point of producing a more reliable and long-lasting vehicle over the years. Most cars on the road these days are expected to last well over one hundred thousand kilometers, sometimes more than double that. This is something to remember when considering a car that is two to five years old. There are many good years that lie ahead for that vehicle, and the increased amount of leasing means there is a solid supply of two to five year old vehicles out there that have already suffered the worst of the depreciation curve.

The second you drive a new car off of the lot, its value depreciates by as much as 20 percent. When you buy a used car, all the depreciation has been absorbed by the original owner. 

You may also get a bit more bang for your buck when shopping used. When you drive a new car straight off of the lot, you typically pay for every added feature. When you upgrade to include a sunroof, tinted windows, and a spoiler, you can leave with a total price of thousands of dollars higher than the sticker price. Used cars with these same amenities might cost a little more than those without, but not nearly to the same extent.

Buying a used car is a great way to save some money and still get the car you’ve been searching for. Whether you’re constrained by your pocketbook, or have certain automotive needs that must be met (such as a backseat for the kids, or all wheel drive for winter months), today’s used car options deliver almost everything new cars do – and at a lower overall cost.

For some great examples, visit us at www.mcfinance.ca , give us a call at (877)783-2772, or, better yet, swing by 134 Broadway Street East in Yorkton, and experience first hand that great blood pumping feeling of the first drive in your new car.

We look forward to meeting you.