If you’ve recently experienced a car accident, you may be in need of new vehicle to help you get back on your feet, back to work, and back to your daily life. But if that insurance reimbursement check isn’t matching up to the sticker price on a new set of wheels, you may want to take another look at the “Certified Pre-Owned” options available. Here’s why:
1) You’ll pay less for close to the same quality as a new car.
2) The dealership will generally offer a full certification inspection and warranty.
3) You may pay less for insurance & taxes.
4) You’re pre-owned car may have a very similar look and feel to the newest model on the market.
5) That “new car smell” doesn’t last as long as the higher payments on the current year’s model.
While there are many benefits of purchasing a new vehicle, there are also several limitations, so you’ll want to weigh the costs and benefits against your own personal situation before deciding. For instance, the warranty you’ll likely receive with a pre-owned vehicle will likely be more limited in length and coverage than with a new model. And if new features were introduced in later models, you likely won’t have access to those.
But for the most part, a Certified Pre-Owned car can be a great option to save costs while ensuring that you have a safe, reliable means of transportation to get back to your routine after an accident.