What to Look For When Buying a Used Car?
As your trusted Chrysler, Dodge, Jeep, and RAM dealer, buying a used car, truck, or SUV from Hendrick CDJR Wilmington means our sales team is helping you look for a used vehicle with low mileage, low price, and in excellent condition. Shop our extensive selection of reliable vehicles and we'll help make the process easy!
Is it Easier to Finance a Used Vehicle?Â
Used trucks, such as the timeless and powerful used RAM 1500, are cheaper to finance than their newer models! When you're buying a used RAM truck in Jacksonville, Leland, Myrtle Beach, and surrounding areas, the amount needed to borrow is generally lower, which means your down-payment is a larger percentage of your purchase, which brings your interest rate down.
How Much Does A Used Car Depreciate?
Generally, after buying and driving a new car off a car lot, it has likely immediately lost much of its original value. Luckily, buying a used car, truck, or SUV is beneficial because its value is at a more steady level and will remain the same or only slightly depreciate over time.
Are Insurance Rates Lower on Used Vehicles?
On average, insurance rates decrease around 3.4 percent each year a vehicle ages. So, you can put more money back in your wallet with a lower insurance rate on your used vehicle. In other words, you'd end up paying less for a used vehicle, each month, that drives just like a brand new one!