Buying a used vehicle is one way to help you save money, while still getting the bells and whistles you would like on a vehicle. There are many used car options to choose from, though. Here, we look at why you should consider buying a used Honda when you start car shopping.
The moment you drive a brand-new vehicle off the dealership lot, it automatically loses 20% of its value. By purchasing a used vehicle, you will reduce the amount of depreciation your vehicle will experience over time. This is especially so with a Honda.
Honda was recently shown to hold its value well compared to its competitors. In the 2019 ALG Residual Value Awards, four Honda models earned recognition in their class.* The HondaFit was recognized as holding its value best in the subcompact segment; the Accord was recognized in the midsize car segment; the Pilot earned this honor in the midsize utility third-row seating segment; and the Odyssey placed at the top in the minivan segment.
These awards mean that the aforementioned Honda models will not experience as much depreciation over time.
When you purchase a used vehicle in general, you will notice that its price tag will be lower than a brand-new vehicle’s price. This can make it easier for you to stay within budget. Also, you will find that purchasing a used Honda will get you more features for your money, allowing you to get even more innovative Honda technologies depending on the model year you choose.
More choice isn’t a bad thing. The pool of used Hondas that you will be able to choose from is much larger than that of the new Honda models. For instance, you can pick and choose which model’s design you might favor if the new Honda design language isn’t something you enjoy. You can also find the features and technologies you want.
Buying a used car is often a smart financial decision, but buying a used Honda is an even better one. Visit Hardin County Honda to discover our extensive lineup of used and certified Honda vehicles.
*Based on ALG’s residual value forecast for the 2019 model year.