One of the first questions you should consider when planning to buy a car is whether you want to buy new or used. While new cars have plenty of perks, buying a certified pre-owned vehicle from a dealer has many unexpected benefits in addition to a lower price tag. Keep reading to find out some of the great benefits of getting a pre-owned Subaru at Hiley Subaru of Fort Worth.

If you're looking for a used car, SUV, or truck in the Dallas-Fort Worth area, we'd suggest making Hiley Subaru of Fort Worth your first stop. We have a great inventory of pre-owned vehicles that have been inspected by our trained auto technicians. Maybe you haven't yet considered buying pre-owned, or perhaps you have some concerns about purchasing a vehicle that's been driven by someone else. Here are some facts about buying pre-owned that should help to ease any doubts.

Overall Affordability

Buying a used car, whether it's last year's model or an older generation of vehicles, has a much lower overall cost than a new car, which is less money down and a lower monthly payment. You can often get the same features of a new car at a heavy discount by looking at used models that are only one or two years old. For even greater savings, dealerships have plenty of well-maintained older cars with low mileage you can choose from.

Whether you're looking for the spacious cabin provided by an SUV like the Subaru Forester or a compact car such as the Impreza, you'll find that pre-owned vehicles cost less than their new counterparts. One key reason for this is that the value of all cars, SUVs, and trucks depreciates rapidly during the first year or two of use. Some estimates even suggest that a new vehicle loses up to 20% of its value the moment it's driven off the dealership's lot.

One benefit to buying a vehicle after it has experienced this sharp drop in value is that it's depreciation slows down. For instance, a vehicle is likely to lose less of its value between its fourth and sixth service year than it will during its first two years. This makes a used vehicle a sensible investment.

The fact that you don't have to pay as much to get behind the wheel of a pre-owned vehicle may mean that you can afford a better car or SUV than if you purchased a new one. For example, you may be able to afford a higher trim with more luxury features and finishing, or a larger vehicle that's better suited to your needs.

Financing is also becoming more simple when it comes to buying a used car. Just like with a new car, you can choose how long you want your loan term to be and arrange an affordable monthly payment. Depending on your credit, you can get an interest rate that's comparable to rates for new cars.

Discounted Technology

Although new cars offer the benefit of the latest cutting-edge technology, you may be surprised at the luxury touches of much older vehicles. Many must-have modern features included in car models have been around for quite a long time. For example, the first car with Bluetooth was released in 1999, LED headlights have been around since 2008, and backup cameras debuted in standard production vehicles in 1991. Opting for slightly older versions of modern features can help you find a budget car without sacrificing comfort and convenience.

Avoiding Depreciation

Because car parts slowly wear out over time and use, they progressively lose value over time. A new car can lose up to 10% of its value simply by being driven off the lot. Then, it is likely to depreciate by 10% more over the first year of ownership. Depreciation rates drop significantly after the first year, which allows used car buyers to avoid taking a significant financial hit if they ever want to resell their vehicle. Although all cars lose some value as time goes on, you can avoid the steep depreciation cliff of the first few years by buying used. 

Factory Warranties

Many vehicles have warranties from their manufacturer that still apply when you buy used from a dealership. Hiley Subaru offers transferrable, fee-free powertrain warranties for seven years or 100,000 miles for certified pre-owned vehicles that are still covered by the manufacturer. For a little extra peace of mind, you can also purchase extra coverage for far less than you would pay buying new.

Cheaper Fees

Sales tax is one of the added expenses of buying any car, new or used. But because used cars have already undergone some depreciation, the sales tax is much lower than buying new. In Fort Worth, sales tax is 8.25%, which can be a big chunk of change for a brand-new $45,000 vehicle. However, the lower ticket price on a used car requires you to pay only a fraction of what you would have otherwise paid for sales tax.

Reliability and Longevity

Certified pre-owned vehicles go through rigorous inspections to ensure that you're getting a quality vehicle that won't break down the moment you drive off the lot. All CPO Subarus undergo an extensive 152-point safety inspection, where trained Subaru technicians repair or replace anything that doesn't meet a high standard. At Subaru, you can also read the inspection report yourself, allowing you to be well-informed about your future vehicle. Knowing that your used vehicle is reliable and well-maintained when you first make the purchase can set you up for a worry-free time on the road.

Used cars also have the benefit of being time-tested. Buying used gives other people a chance to drive around the latest model first, allowing you to sit back and learn about actual maintenance and repair costs from their experience. For example, the 1989-1999 Subaru Outback is often considered to be one of the most reliable vehicles you can buy. Many '89-'99 Outbacks have upwards of 300,000 miles on their odometer and still have a lot of life left. Researching what vehicles have stood up to the test of time can help you choose the best car for your future.

You Get a Broader Choice of Cars

Deciding to buy pre-owned opens up new possibilities for you in terms of choice. If you're browsing new cars at a dealership, your choice is typically restricted to one or two brands. However, pre-owned inventories usually consist of a broad range of top automakers. Not only that, you also get various trims and model years of the same vehicle.

Since used cars have already been on the road for some time, you can rely on a lot of experience from other drivers while you're doing your research. You're likely to find a larger number of customer reviews online about a used model than you would for a new one. This will allow you to make a well-informed purchase.

While we of course specialize in Subaru vehicles here at Hiley Subaru of Fort Worth, our pre-owned inventory comprises many other popular auto brands. This gives you the opportunity to compare a diverse range of vehicles before you make your final choice. Our team of auto experts can provide you with advice on the features and capabilities of the vehicles we stock to help you reach a decision.

People looking for a new car have limited options based on what models were released that year. Buying used allows you to choose from a wider variety of vehicles, giving you more freedom to select a car that perfectly fits your lifestyle. You can often find high-volume used vehicles in many different trims and colors, so you can select the customizations you want. Hiley Subaru has a large inventory of used vehicles available that you can test drive to get a feel for what you need in a car.

Your Insurance Costs Could Be Lower

When auto insurers set your insurance rates, a big part of their calculations is the value of your vehicle. Due to the fact that pre-owned cars cost less than new ones, your insurer is likely to offer you a lower insurance rate than they would if you were driving a car fresh off the assembly line.

This can make a big difference if you're working with a modest monthly budget. It may even mean that you can afford better insurance coverage to protect your investment.

By choosing a used or CPO car, you can also save on insurance costs. Because new cars are worth more, insurance companies see them as more of a liability. As a result, insurance rates for new cars are much higher than used ones. Older models that have already depreciated over the course of a year or more usually get better deals, saving you money in the long term. 

Purchasing a used car can be a smart financial move for people who want to invest in the features they care about without paying a premium for that new car experience. If you're interested in getting the features you want for a low price, reach out to one of our knowledgeable associates for help. They can use their knowledge of our extensive inventory to help you find a used vehicle that meets all of your needs for thousands cheaper than buying new. 

You Can Rely on Our Well Maintained Used Cars

All pre-owned vehicles in our showroom go through a rigorous inspection by our service team. They take a close look at all key parts and components to ensure they're in good working order, and carry out any repairs before we put the vehicle up for sale.

If you're looking for extra peace of mind, why not check out our range of certified pre-owned Subarus? Our certified pre-owned program is reserved for only the best maintained used Subaru SUVs and cars. Each vehicle comes with a CARFAX vehicle history report so you can see how many owners it had, how often it was maintained, and whether any substantial repairs were carried out.

Our certified pre-owned Subarus are also backed by a seven-year/100,000-mile powertrain warranty. If anything goes wrong with your engine or related components during that time, our expert service team will be standing by to take care of it for you. One final bonus for customers who buy a certified vehicle is that you get 24-hour roadside assistance for a limited period.

If you want to protect yourself against any unexpected repair costs, you may want to consider purchasing one of our service contracts along with your used vehicle. These contracts can include routine maintenance, such as oil changes, tire rotations, and fluid top-ups, which can help keep your pre-owned car running smoothly for longer. They can also include coverage for auto parts and components that may get damaged over time or in a collision. Our extensive stock of Subaru-certified components means that we can provide or order high quality parts for your vehicle's repair needs.

Get a Used Car at Hiley Subaru of Fort Worth, TX

Now that you know some of the great benefits to purchasing pre-owned, why not take some time to browse through our current inventory? You can narrow your search by focusing on vehicles priced under $10K, or by concentrating purely on our certified pre-owned range. Our wide selection of used cars and SUVs is always changing, so if you find one you like, it's a good idea to move fast. On the other hand, if you haven't found what you're looking for yet, check back regularly to explore our new inventory as it arrives.

If you have any questions about our used inventory, our certified pre-owned program, or our service center offers, don't hesitate to contact us today. Our team of auto experts will be only too happy to provide you with the advice you require and get the purchase process going when you're ready.


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