There are plenty of reliable and impressive cars to choose from here at Hall Toyota Elizabeth City, but should you buy a pre-owned Toyota or a new one? There's no right answer, but we can walk you through the benefits of buying new and buying used so that you can decide which one is right for you.
Advantages of Buying Used
One of the most obvious advantages of buying used is the price. A pre-owned car that's just a few years old can be less expensive than you would have guessed thanks to “depreciation.” This is the decline in value experienced by new cars as soon as they leave a dealership.
Your money can often stretch a bit more, meaning that a used car that fits into your budget could offer more features, tech, and power than a new car would for the same price. Buying used is one of the best ways to get more car for your money.
Advantages of Buying New
Obviously, a new car has the latest features. It might offer an updated suite of safety tech. Maybe it comes with Android Auto™ or another feature that a previous-generation model didn't offer. If you're obsessed with getting the latest and greatest tech, buying new is often the way to go.
Financing a new car often makes another advantage obvious. The APR on a loan covering a new vehicle is often going to be lower than the rate on a used car loan would be. It pays to take a look at a dealer's newest financing offers to see if you can take advantage of a low rate on a new car.
Whichever option works best for you, our Toyota dealers in North Carolina can help. We'll answer any questions that you have about our vehicles, and we'll get you behind the wheel of one that offers everything that you need!
