Are you trying to decide whether to buy a new or used pickup truck? Wondering when the benefits of buying a used pickup truck are?
If you’re in need of a strong work vehicle that has a great carrying capacity, you may think that it’s necessary to buy a brand new pickup truck. However, this is usually a mistake and can cost you in more ways than one.
Here’s why you should consider buying a used pickup truck instead of a brand new one.
1. Costs Are Lower
Brand new pickup trucks offer plenty of exciting features, but they’re usually fairly expensive. Many new pickup trucks cost between $30,000-$60,000, so it will require a large investment to purchase one.
Fortunately, you have the option of buying used instead. Used pickup trucks are much more affordable than new trucks, but can still provide great performance and features.
When buying a used truck, you can save thousands of dollars. The money you save can be better used elsewhere and can allow you to make home improvements or pay for other essentials.
2. It Will Depreciate Less
As soon as you drive a vehicle off of the lot, it loses about 10% of its value. Vehicle depreciation continues at a rapid pace and a truck may lose 30% of its value by the end of the first year.
Needless to say, this can be quite a bit of money if you’re planning to pay $30,000 or more for a brand new pickup truck. With used trucks, on the other hand, much of the value has already been lost before you decide to buy it. You won’t have to worry about your money going to waste and your vehicle depreciating quickly within the first months of ownership.
Even if you buy a truck that is only 1-2 years old, you’ll avoid the high price of this initial depreciation and will still be able to get a truck that has the features and performance that you need.
3. Get More Features, For Less
If you’re interested in getting a truck with a lot of features, you’ll be better off buying a used one. You’ll be able to get nearly identical features and performance at a much lower price.
The extra bells and whistles that are available for new pickup trucks can cost you quite a bit, on top of the already high price of buying a brand new pickup truck.
By buying used, you’ll be able to go all out and get a truck with great features for a much lower price. You’ll get access to luxurious interior options as well as enhanced towing capabilities that you wouldn’t have been able to afford with a new vehicle.
You’ll also have a lot more options overall. Instead of just choosing from the current line of new pickup trucks, you’ll also be able to choose from any of the great trucks that have been released in recent years. If you’re in Madison, WI, for example, you can choose from many different Trucks For Sale.
4. Pay Less On Insurance
One of the benefits of buying a used truck instead of a brand new one is that it can help you get your insurance costs down.
The value of your vehicle will help determine insurance rates. You’ll need to pay for extra coverage if your truck is a valuable vehicle that you bought brand new.
When you buy a used vehicle, on the other hand, the initial depreciation will have already happened so you can start off with a lower insurance rate as well. This can be helpful for minimizing your monthly bills and can allow your budget to go as far as possible.
5. Use Your Truck With Confidence
If you’ll be using a pickup truck for work purposes or will be transporting items regularly, you may be nervous about harming your truck if it’s brand new. You may feel that you need to be easy on it and it may take you some time to get used to dirtying it up as necessary when hauling items in your truck bed.
When you have a used truck, however, you’ll pay a lot less for it and will be less likely to walk on eggshells when using it. This means that your truck will be more useful to you. You’ll likely get things done faster if you’re not worrying about keeping your truck in pristine condition.
Since your truck will already have some wear and tear on it, you’ll feel better about using it like it’s meant to be used.
6. Get Great Warranty Options
While you may be afraid that buying a used vehicle can leave you in a lurch if something happens to it, this is not the case.
Many used car sellers offer great warranties that will cover your vehicle in case there are any issues. The original manufacturer’s warranty will also still apply to many used vehicles as well.
Especially if you buy certified pre-owned trucks, you can rest assured that you’ll be getting the highest quality vehicle for a used car price and that there will be great protection for it as well. You’ll also get some extra perks as well such as the ability to get free roadside assistance and a free temporary car replacement whenever yours is in the shop.
The warranty offerings you can get from a used vehicle are pretty impressive, so you should be comfortable getting a used vehicle instead of a new one.
Making the Decision to Buy a Used Pickup Truck
If you want to get more done and have a great work vehicle, buying a used pickup truck is usually the best way to go. While buying a brand new truck may seem exciting, you should weigh the pros and cons carefully and consider buying a used vehicle instead.
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Hemant Kumar is a project manager at Tridindia with more than nine years of commendable experience in writing about LMS, translation, and IT. His unmatched talent and passion for digital marketing gave him the opportunity to work as a multi-tasking project manager at TridIndia’s sister company, Link Building Corp. Today, he contributes to the world by imparting knowledge on SEO, link building and internet marketing etc., that helps business owners grow their online business.