Benefits of Buying a Used Car | Evansville Kia

 Used 2018 Kia Rio Sedan | Evansville, IN

 

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If you’re looking for an affordable car to buy in Evansville, Indiana, but you’re hesitant to venture into the used car market, Evansville Kia is here for you. Buying a used car doesn’t have to be a risk. If you shop from us, it’s actually a smart, affordable way to save money and get more bang for your buck.

 

Lower price tag

Obviously, a used car is going to cost less than a brand-new car that’s the same model. But you’d be surprised how many ways you save money when you buy a used car.

For one thing, cars depreciate by 20-30 percent in the first year, so buying a used car that’s even a year or two old means you get a lot more value from your purchase because you avoided the steep initial depreciation.

 

Lower associated fees

New cars carry other costs that you don’t see on the price tag. For instance, the higher the MSRP, the higher the taxes are. So, if you pay $25,000 for a new vehicle at a 10 percent tax rate, you actually pay $27,500. And if you finance a new car of a higher price, you’ll pay more in loan interest regardless of the APR.

New cars also come with higher registration fees since those are determined by the value of your vehicle. New cars also have higher insurance costs than used cars.

 

Get more for your money

Plus, buying a used vehicle in Evansville can get you a lot more on your limited budget.

Say you have a budget of $25,000. That’ll buy you a reasonably priced new midsize sedan like the Kia K5. But if you look at used Kia cars from a couple of years ago, you have way more options you can afford at that price, like a used Kia Sportage with all-wheel drive.

You can afford better features, performance, and interior space when you buy used.

 

Just because a used car is cheaper doesn’t necessarily mean it’s lower quality, especially if you buy from a trusted seller who’s confirmed that the former owner properly maintained the vehicle. Check out our wide selection of quality used vehicles here at Evansville Kia in Evansville, IN.

 

Tips for Shopping for a Used Car in Evansville, IN

 

Buying a used car in Evansville, Indiana, can be overwhelming because you have so many options to choose from — especially when you shop at Evansville Kia.

The friendly finance experts at Evansville Kia in Evansville, Indiana have a few handy tips to help you make the most of your used car shopping experience.

 

Know Your Budget

Before making any purchase – whether it’s a car, a house, or even dinner – you need to know how much money you have available in your budget to spend.

Assess your monthly income and existing bills to determine if you have the flexibility in your current budget to afford a car payment and, if so, how much you can afford to spend each month. Also consider expenses like sales tax, insurance premiums, registration fees, and maintenance.

Carefully evaluate your current savings, and consider how much money you’re able to use as a down payment. A higher down payment will give you lower monthly payments but will leave you with less money in the bank at first.

 

Know Your Preferences

To make deciding easier, you can narrow the field by assessing and prioritizing what’s ideal for you. Drivers in Evansville who require heavy-duty performance and utility probably need a truck, while those with large families should consider purchasing a three-row SUV or minivan. If you’re looking for the best value for your dollar as a college graduate or young adult, a used sedan is your best option.

 

Know You Like Driving It

You won’t know if a vehicle is a good fit until you actually get behind the wheel, so make sure you test drive every car you are thinking about purchasing. How a vehicle looks from the outside and how it feels sitting inside it can be completely different sometimes.

In addition to determining if you like the model, a test drive gives you the chance to inspect a used car up close to ensure it doesn’t have any unexpected issues. You can also review the car’s vehicle history report to see if it’s been involved in an accident or had its maintenance neglected.

 

Shop Evansville Kia’s current inventory of pre-owned vehicles when you’re in the market for a used vehicle, where we have models like the Kia Sedona, Sorento, and Soul.

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All tax, title and vehicle registration fees are additional. See dealer for complete details.