Buying a used car or truck can often be a practical and financially-sound decision. Used car prices can sometimes be nearly half the price of a new car, and the savings don’t stop there. Buying a used car often means paying it off more quickly, so you save costly finance fees. It’s been reported that drivers switch cars about every six years, so it’s easy to see how each purchase can have a long-term impact when you add up the savings.
Aside from the significant savings from the significantly lower purchase price of a used vehicle compared to a new one, two of the other top money savers are depreciation and insurance costs.
Depreciation
A new car begins to depreciate (decrease in value) as soon as you drive it off the lot. By the time you pull into your driveway, you could have already lost more than 10 percent of the original new car’s price tag! From that point on, a new car will continue to lose value month after month, year after year, until it depreciates out. When you buy a used Chevy or any other used car, someone else has taken the hit from depreciation, and you reap the benefits. Here’s an example:
You buy a new car for $33,000 and sell it three years later for 18,000. This example means you would lose $15,000 in depreciation in three short years. If you buy the same model car, but it’s three years old when you purchase it, you’ll only pay $18,000 for the vehicle. In this example, if you sold the car for $13,000 three years after you bought it, you would only lose $5,000 in depreciation!
Insurance
Because a new car depreciates, the rates to insure that car will be less year after year. Not only will your insurance premiums go down, but you also have more flexibility in your coverage options and rates. Sometimes it’s possible to buy only collision coverage, so you save even more money because you’re not paying for often costly comprehensive insurance. As a bonus, registry renewals go down each year as the car depreciates also.
Now that we’ve covered the savings you can expect when you buy used instead of new, why consider buying a Chevy specifically? Chevrolet is an iconic American car brand known for its quality, tradition, and innovation — and it’s one of the most popular car brands in the U.S. for many reasons.
Should I Buy a Chevy? Here Are 5 Reasons Why the Answer is Yes!
Longevity
A properly maintained Chevrolet can last from 200,000 to 300,000 miles before major repairs are needed. That longevity means if you drive an average of 15,000 miles per year, your Chevy could still be on the road up to 20 years after it rolled off the car lot. When you want a reliable and long-lasting used car, truck, or SUV and you want to buy American-made, buying a Chevy is a smart move.
Lower Repair Costs
While you can get as much luxury and all the bells and whistles you want with a used Chevy, many of the best used Chevy cars are considered non-luxury models. That categorization means the average annual repair cost of $649 for Chevrolets is less than the average car or truck repair cost. You get all the style and performance you need, years of dependability, and lower repair costs when you buy a used Chevy.
Selection
From the iconic Corvette and other muscle cars to practical sedans and compacts like the Chevy Cruze, you can take your pick of the best used Chevy cars to buy right here in Tucson. You’ll find SUVs like the popular Equinox, crossovers, and of course, trucks. Chevy full-size pickups have been a staple for farmers, adventurers, and families in the U.S. for generations and are as popular now as ever. Whether you’re hauling, towing, or off-roading, you can’t beat a hard-working Chevy Truck.
Chevy Silverado
The Chevy Silverado 1500 series is a used Chevy truck renowned for its reliability and quality. When you’re buying a Chevy Silverado, you get a truck with old-school performance and power and the modern bells and whistles you want. You’ll find two-wheel and four-wheel versions, modern transmissions and engines, and surprising fuel economy for so much power.
Chevy Camaro
The Chevrolet Camaro hit the car scene on September 29, 1966, as a fast and powerful pony car that would become one of the most-loved American-made sports cars. From its beginnings decades ago to the 6th generation introducing the 2016 Camaro (Motor Trend’s “Car of the Year”), the Chevy Camaro continues its reign. Whether you choose a V-6 or V-8 powered Camaro, you can count on exhilarating performance and super-sporty style.
When you’re ready to find the best used Chevy cars and trucks, check out our inventory and head over to one of Tucson’s most established used car dealers, Car Time Supercenter. Get started on your quest for the ultimate Chevy when you call 520-750-0505 or submit a short contact form.
There are good reasons people will buy their next used car in Tucson from Car Time Supercenter. But I think we are one of the most trusted used car dealerships mainly because we treat everyone like family. My family has provided quality, dependable local used cars to Tucson customers since 1984, and I’m proud to be a part of our continued success.
Like many family-owned businesses, I grew up going to work with my dad. Falling in love with cars was natural because of my father’s passion, and eventually, I came to love the car business just like him. I officially joined the Car Time Supercenter team in 2012, starting in the finance department. Over the past decade, I’ve learned the used car business and how to treat customers from my family and industry resources.
Today, I oversee marketing, social media, inventory, and reconditioning, so I play an essential role in delivering local Tucson used car buyers the best experience possible. I also help our family business keep up with the times while providing old-fashioned customer service. From attending NADA classes to becoming Allstate certified for back-end products, I continue to learn and add skills to serve our customers better.