There are a number of reasons to buy a used vehicle. One of the biggest advantages is that the old owner has already absorbed all the depreciation costs, which happens during the first several years of ownership. For more information, consider the following:

1. You can minimize depreciation. Most people do not realize that a new car can depreciate by as much as 20 percent simply by driving it off the lot. Vehicles can lose up to 30 percent of their value during the first year of ownership. Many people actually end up owing more than their vehicle is worth during this period.

2. You can reduce insurance costs by buying a used vehicle. The industry bases the cost of insurance on the vehicle’s value. Owners can also choose to drop some insurance costs.

3. Used car buyers also have more peace of mind when considering a used car. A decade or so ago, buying a used car was like rolling the dice. Now, the process is a lot more transparent.

Why not visit our showroom today and take a used vehicle for a test drive? We are happy and ready to answer any and all questions.

Leasing's low payments have short-term appeal, but the best bet for the long term is to buy a used car. https://t.co/7H8dLeLTMP

— Edmunds (@edmunds) June 12, 2017