If you’re on the fence about whether you should buy a new or used Chevy, it may make the most sense to go with the latter option. Buying a used vehicle comes with a ton of benefits.
Save Money Now
If you plan to finance your purchase, it’s important to remember that the higher the price of the car, the more money you will need to supply for a down payment. This is why it pays to go with a used model so you can keep more of your money in your pocket.
If you have a trade-in vehicle, its value may be able to cover your down payment.
Save Money Over Time
Another benefit of a used car is that it means you won’t have to borrow as much money for your loan. This can result in very affordable monthly payments. Plus, depending on your loan term, you may be able to pay it off fairly quickly.
Save Your Credit
Do you know why people often run into credit problems? It’s because they overextend themselves, and this usually involves big purchases.
With a used vehicle, you can keep your expenses low, so you won’t have trouble making your payments. If your credit score isn’t great, this will help you boost it. Plus, you may eventually be able to refinance your loan for a more desirable interest rate.
Find the Perfect Used Chevy Model at Phelps Chevrolet
If you’re ready to buy a used Chevy, visit Phelps Chevrolet in Greenville, NC to see what’s in stock. We also carry Certified Pre-Owned models, which have to pass a rigorous inspection, come with warranty coverage, and include a vehicle history report.
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