How to Get Your Favorite Family Car on a Budget

How to Get Your Favorite Family Car on a Budget

Family cars are larger in terms of space, power and build. They also come equipped with a wide range of safety features that are much in demand by families or even those who car-pool regularly. People are also conscious of the style and brand image that the car has. So, if you’re looking for a family car with all these glorious aspects but can only spend a fraction of the vehicle’s cost, you’re not alone!

Numerous families have opted to purchase a pre-owned car. Here’s why we think this is a great idea:

1. Cost: Naturally the first and foremost reason for buying a pre-owned car is its significantly lower cost. For example: A new Range Rover costs around $65,000, as a starting price. However, a pre-owned one cuts your costs by more than half to about $34,000. You get all the features and all the benefits for a great price. What’s more, had you spent the same $34,000 on a new car from a lower segment, you may not get the same comfort, drive stability, safety and utility offered by the pre-owned Range Rover.

2. Remain Relevant: Higher segment vehicles stay relevant to the market for much longer than a lower segment car. Think of Volkswagen Jetta. The Jetta will remain stylish and be perceived as new for a much longer period than others.

3. Resale Value: When buying a pre-owned car, you’ll save a lot. But what about when you want to sell your car? When you sell a new car, you’ll sell for a much lower price, sometimes at up to half the price. But when a second owner sells the car, the resale value does not depreciate as much. Meaning that you have a double gain while buying, as well as selling.

4. Warranties: Some cars come with extended warranties from the car maker. This is certainly a boon to anyone buying a pre-owned car. If the car you wish to buy has an extended warranty, you can extend the warranty further and risk exactly nothing! In fact, you gain a huge amount in terms of safety since the extended warranty protects your wallet as well.

5. Redlining your car: If you’ve traded in a sleek sports sedan for a family SUV, you probably think you’re going to miss redlining your car when you wish. But you don’t have to, when you purchase a pre-owned car. When you have a new car, how you handle it or drive it for the first 2,000-3,000 miles will impact the condition of your car in the long run. In general, you’re required to keep the car under 1500-2000 RPM for the first 1,000-2,000 miles, depending on whether the car is a gas, diesel or hybrid model. In the case of a pre-owned car, this waiting period has most likely been crossed, so you can easily redline your car as soon as you leave the dealership.

Figure out your budget and go get your safer, larger and much classier family car at your pre-owned dealership today!