As a lot of people decide to replace their current vehicle, they can get hung up on whether to buy used or new. New vehicles are shiny, and they admittedly have that irresistible “new car smell”, but buying used makes the most sense in a lot of ways.
If you take the price of a new vehicle and compare the used vehicles available at that price, you might notice certain things. You are likely to find that the used vehicle has a lot better features. And that’s one of the greatest benefits of buying used. Features like a stronger powertrain, leather seats, and other creature comforts, more advanced safety features—these may be features you would have to sacrifice if you bought new.
Another benefit to buying used has to do with the unique way that vehicles depreciate. If you buy a vehicle new, and you sold it about three years later, you would likely sell it for half of the original purchase price. If you were the person purchasing that vehicle, and you sold it after three years, you could get back 70-75% of what you paid.
Giving shoppers yet another option, Honda offers Certified Pre-Owned vehicles. These are used vehicles, under six years old and with less than 80,000 miles on them, that undergo a rigorous inspection and come with both a limited overall warranty and powertrain warranty.
So whether you go with a used vehicle, Honda Certified Pre-Owned vehicle or even a new vehicle, make sure you examine all of the facts and make a decision that works for you.