Here at your home for new and used cars for sale, Hall Chrysler Dodge Jeep® RAM Virginia Beach, we are experienced in helping customers through the “new vs used” decision. While some aspects are obvious – used cars are cheaper, new cars come in peak condition – there are other factors to consider as well. While our staff members are always happy to help, there are a few important questions that you can ask yourself to help decide.
For starters, ask yourself what your budget is for a down payment. Surprisingly, it is sometimes easier to purchase and finance a new RAM 1500 or Dodge Charger with a lower down payment than a used. That’s because of incentives from the manufacturer or dealership. On the other hand, a down payment can go further toward paying off a lower-priced used car than a newer version. Worried about the down payment? You can also think about the cost of a trade-in, and even value your trade right from our website!
The second thing to consider is depreciation. Depreciation is the value a car loses as it gets older, and typically the biggest hit comes right after purchase of a new model. It may be that this is worth it to you because you want the advanced technology or prime condition of a new car, but a used car that’s just a couple of years old means you don’t have that large and immediate depreciation after purchase, and your vehicle will likely retain much more of its value for longer.
Whatever you decide is right, we can help! We offer a vast range of used and new models for everyone, whether you’re interested in a new Jeep SUV or a used model like a Chrysler Pacifica. Norfolk, VA drivers can find the new and used inventory for whatever they need right here at Hall Chrysler Dodge Jeep RAM Virginia Beach.