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Buying a Used Vehicle

If you've decided to buy a used car, you've already made a good decision. With the average price of a new car increasing every year, it is not surprising that the fastest growing segment of the auto industry is the used car market. In the past decade, used cars have become increasingly better values. New cars lose value from the moment they leave the dealership parking lot. A new car also continues to depreciate quickly in the first couple of years and as much as 20% the first year alone. This means your can buy a 1 year old car for about 20 to 30% less than a brand new car without dealing with the initial depreciation factor of a new car.
If your are still undecided about weather to buy “new” or “used” here are some additional factors to be considered: Used cars are more reliable today than ever before, many late model used cars are still under the factory warranty, and financing used cars has never been easier. Leasing is even available through some banks on certain used cars.

If you have any questions on the car buying process in Arizona or about our Dealer Members,
please contact us at the AIADA.

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