How Buying a Used Car Saves Money
The moment you drive a brand new vehicle off the dealership lot, it becomes a used car. Unless you have a high credit score, the benefits of buying a new car usually don’t involve saving money. First we show you how buying a used car saves money, then we’ll review what to look for when buying a used car so you can shop with confidence.
Ways that Buying a Used Car Saves Money
There are plenty of reasons why purchasing a used car is a savvy financial move. First and foremost, it can help you conserve a significant amount of money in the long run. Since used cars are typically priced lower than brand new models, you’ll be able to make a substantial saving on the purchase price upfront. Plus, insurance premiums for used cars are usually lower since they have a lower value.
Advantages of Buying a Used Car From a Dealership
When you invest in a brand new car, you’ll see an instant drop in the value, known as depreciation, within the first few years. In contrast, a used car has already taken this depreciation hit, so you’ll be less affected by any financial loss. At Auto Excell we only offer certified pre-owned vehicles with full history reports in our inventory so you can actually see most of the maintenance and the frequency that it was carried out.
Additionally, used vehicles have typically endured most of the initial wear and tear, saving you money on maintenance costs.
Research the Make and Model
By doing thorough research, you can identify a reliable used car that won’t require as much maintenance, repairs, or additional specialty maintenance, therefore reducing your overall expenditure. Consequently, purchasing a used car is a cost-effective way to get reliable transportation at a fraction of the cost of a brand new car, with or without a high credit score.
Certain makes/models of vehicles from a specific year may be prone to rusting early, or have problematic transmissions, etc. It’s simply better to do your research first so you can know what to expect.
What to Look for When Buying a Used Car?
When looking for a used car, there are several things you should check to ensure you are getting a reliable vehicle.
First and foremost, check the car’s history report to see if it has been in any accidents, had any major repairs, or has a salvage title. Next, inspect the exterior and interior of the car for any signs of damage or wear and tear.
Check the engine and transmission for any leaks or unusual noises. Make sure all the lights, heat/AC, and electronics are in working order.
Take the car for a test drive and evaluate its handling, acceleration, and braking.
You can also get a trusted mechanic to inspect the car before making your final decision. By thoroughly inspecting a used car, you can ensure that you are making a wise investment that will serve you well for years to come.
Should I Still Buy a Used Car with Good Credit?
Good credit can help with financing and lower interest rates when buying a used car, but there are risks involved. Research the car’s history, maintenance records, condition, and consider future repair costs. Some brand new vehicles actually have to go for more repairs than used vehicles due to factory recalls, or may still have “unofficial” defects.
Have a mechanic inspect it if possible. Overall, buying a used car with good or bad credit can be a smart decision, as long as you are diligent in ensuring the reliability and maintenance requirements.
Save on Used Cars
Feel free to call us and book your self a test drive 1-888-882-3692 or visit us at 1399 Dugald Road, Winnipeg, MB!
Customer Reviews
We enjoy helping people save on quality used cars.
Here are real reviews from real people in and around Winnipeg.
GOOD111 reviews on
Lexie Carriere2024-06-20Great experience! I am a first time buyer and dealt with Markie and his team. They were all very nice and helpful and made sure my ends were met! I recommend going to Auto Excell!Abi Bratko2024-06-18This was my first time buying a vehicle and I had ( mark tabelina ) as my salesperson he was very nice and had a great sense of humor! He made the entire experience so enjoyable! Right from the test drive to driving it home that same day! The vehicle's they sell are very nice and very clean!! They provide you with a full carfax report and they even sent me home with a full tank of gas! Hands down the best dealership I've visited... for great prices awesome customer service and a smooth experience!Samantha K2024-06-17I recently purchased my dream vehicle from Auto Excell, even though it originally seemed out of my price range. After a stressful experience with other dealerships, I was relieved to find Auto Excell. Markie, the salesman, was incredibly helpful, responsive, and friendly. Markie worked around the clock to help answer any questions I had, and even dropped off the keys after a workday to ensure I could pickup my vehicle sooner. Kara, who handled my financing, was extremely knowledgeable and personable. The entire staff, including the receptionist, went above and beyond to help me throughout the process, despite multiple issues with the bank and cheque clearance. I am overly pleased with the service I received at Auto Excell and express my gratitude to the staff for helping me secure my perfect vehicle. I won't be shopping for a vehicle anywhere else in the future and will be sending all of my friends and family who are looking to purchase a vehicle!Liz Beth2024-05-21I got my first vehicle with Auto Excell. They understood what I was looking for and did there best to meet all my expectations. They went above and beyond any dealership I went to before finding Auto Excell made my life with a smooth process. Markie was my guy that helped me through the process and walked me through everything as it was my first vehicle purchase. It’s now been after a month of getting my first vehicle and Markie is always so helpful for any questions still tell this day. I wouldn’t recommend anyone else. I highly recommend if you’re in the market. Great Service.Dave Stubel2024-01-25All staff, as well as the owner, at Auto Excell are fantastic. Easy to deal with! Help choose a vehicle and make a deal the customer is very happy with, and they back up the vehicles! 5 complete stars for Auto Excell on Dugald road!C.T. Hots2023-11-26Drazen was excellent. Went above and beyond his job and was professional and pleasant the entire way. If your looking to finance a vehicle this is definitely your guy!Robert Mihic2023-09-21Extra,sve pohvale..posebno vlasniku Dadi..vjerovatno najbolja auto kuća u gradu..greataxxii2023-09-21The best auto dealer in the whole Canada!Linda Zacharias2023-09-01Car shopping is definitely NOT on my list of favourite things to do, but Drazen made the experience very pleasant. He was very accommodating, by letting me take the car on a long test drive (including a stretch on the highway), and making sure I had everything I needed with the car (spare tire/jack). There wasn't a block heater, so they are installing that for me, for free, next month. Drazen is doing everything he can, even after the sale, to make sure I am satisfied, which I truly appreciate. If you are looking for a low stress and pleasant car shopping experience, this is your place!JP Lenshyn2023-08-22Mark and Kara hooked us up with a top notch vehicle. No high pressure sales environment. Friendly and quick with great prices. Would definitely recommend.
