Benefits of Buying a Used Toyota in Baltimore, MD

Looking for a reliable, powerful, comfortable vehicle for yourself or your business? Visiting a Toyota dealership is a great start, but you don’t necessarily have to go with the latest, brand-new model. Pre-owned vehicles come with unique benefits, so it’s definitely worth considering a used Toyota in your search.

5 Benefits of Buying a Used Toyota

1. Performance for Less Money

Used cars are typically more affordable than brand-new vehicles, but this doesn’t mean that they have less to offer. By opting for a used car, you’ll likely be able to afford a higher trim level within the same budget. A pre-owned vehicle can be more practical with a more powerful engine and a broader range of features than a new car that only comes with the bare essentials.

2. Slower Depreciation

Every car loses value over time, in a process known as depreciation. But new cars depreciate the fastest: on average, a brand-new vehicle can lose value when you drive it off the lot, and continue to depreciate by 20% over the first year. Depreciation then slows down to around 10% per year for the first five years. After that, the value of the vehicle levels out and tends to decrease much more slowly.

This means that used cars can make great investments in many respects, especially if you intend to sell the car in the foreseeable future. You’ll likely get a much better return on a used car than on a new one.

3. Cheaper Insurance

Another way in which buying a pre-owned Toyota helps save you money in the long run is lower insurance premiums. Because the value of a used car is almost always lower than that of a brand-new equivalent, your car insurance is likely to be correspondingly cheaper.

4. Lower Maintenance Costs

New cars don’t need many repairs, so they should be less expensive to keep in driving shape, right? Not necessarily. In fact, older cars tend to be cheaper to repair and maintain because replacement parts are more widely available. Plus, if you take advantage of the Toyota Certified Used Vehicles program, you can be sure that your used car will be just as reliable as a new one.

5. Wider Selection

Buying a new car limits you to the models and trims that are currently in production. By going for a pre-owned Toyota, you can widen your choice of models, engines, and trims to include cars produced over several years. While you can’t customize a used car like you would a new one, you’re more likely to find the ideal car for your needs in a wider pool of models and versions.

Find Your Used Toyota Car, Truck, or SUV in Maryland Today

Ready to find the prefect pre-owned Toyota for you? Contact DARCARS Toyota of Baltimore today to chat with our advisors and see our current range of used vehicles!

Tags: Used Toyota Benefits, Why Buy a Used Toyota
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