Why Buy Used from Rob Green GMC 

At Rob Green GMC, we sell both new and used vehicles to better serve our wide range of customers. While it’s always nice to drive a vehicle that’s just arrived from the factory, you may find the price a bit out of your range. You may then want to consider buying used for the following reasons.

Saving Money

Easily the best reason for buying a used vehicle is money savings. Because of the lower cost, you may be able to afford a higher-level model, a better trim level, or more options and accessories than you had originally planned. You'll not only save money on the purchase but also on lower sales tax, registration, and other fees.

The price for insurance will also be lower because used cars are not as expensive when you are buying collision and comprehensive coverage. If the car is old enough, you may even consider dropping collision and comprehensive coverage and only getting liability coverage, which saves you even more money.

Less Depreciation

A new car can depreciate by as much as 20 percent the minute you drive it off our lot. After the first year, its value goes down by another 10 percent for a total drop of 30 percent. It’s not something you typically notice unless you sell the vehicle or trade it in to discover that your vehicle is worth less than you thought.

If you buy a used car that's at least a year old, you will not experience this depreciation because the previous owner has already suffered the loss. You will still get some depreciation at around 10 percent per year after the first.

Lower Chance of Negative Equity

If you don't account for the depreciation when you finance your new car, you may be hit with negative equity, which is when the money you owe on the loan is less than the value of the car.

For example, if you buy a $30,000 car and it depreciates by 20 percent when you drive it off the lot, it will only be worth $24,000. You will however owe $30,000 in financing, if you do not put a down payment or have a trade-in equal to the expected depreciation.

If your vehicle gets into an accident on that first day and is totaled, the insurance company will pay you $24,000 at most. That will only cover part of the $30,000 loan, leaving you to come up with the $6,000 on your own.

When you buy a used vehicle, much of this depreciation will have already occurred, which reduces the chance of negative equity.

Still Under Warranty

One of the big advantages of buying a new car is the warranty that protects you against any defects that occur within the warranty period. GMC offer basic limited warranties of three years or 36,000 miles, and powertrain warranties of five years or 60,000 miles.

If you buy a used car that is only one or two years old, it will still be under the factory warranty. Any covered repairs will be done for free at our service department.

Less Stress

When you buy a new car, you're concerned about keeping the exterior finish as good-looking as possible. You zealously guard against scratches and dings to the body by parking your vehicle as far away as you can from others. You stress out whenever a shopping cart accidentally hits the rear trunk ON a bird goes to the bathroom on your hood.

With used cars, you're generally not concerned too much about the look of the body. It will already have dings and scratches from the previous owner, so you don't worry if it accumulates another blemish.

Taking the Next Step

If you have any questions about buying a used vehicle or want to get started on looking for one, give us a call at Rob Green GMC. A knowledgeable staff member can give you more information and schedule a test drive. You may want to request financing in advance by filling out our convenient online form. You'll then know how much car you can afford and can confine your browsing the vehicles that meet your price range.