When the time comes for you to replace your current car, you may ask yourself if it is best to buy a new or used Cadillac. There is no single answer to this question; a great deal depends on the person and his or her circumstances. Just as the answer will be different from one person to the next, so will the reasoning. In many cases, the decision is based on budget. This requires careful analysis. There are many financial demands that must be satisfied. For many people in Lockport, buying a used Cadillac may be a perfect choice.
Save Money
Of all the good reasons for buying a used car, saving money is number one. It is a fact that new cars depreciate. A 3-year-old car is worth about half of what it costs when new. As a used car buyer, you can take advantage of this; let the first owner absorb the depreciation.
Upgrading Is an Affordable Option
When you buy a used car, you can often afford to buy “more car.” Instead of buying a new, entry-level sedan, you can buy a used Cadillac for the same, or even less money. There are many low mileage, high quality used Cadillac’s available in Lockport. Most of these luxury vehicles are fitted with options that were expensive when the car was first purchased.
Less Depreciation
As alluded to earlier, new cars depreciate rapidly. In the first three years, a car will lose close to half its original value. In the following three years, it will lose less than 25 percent. Vehicles produced in the last couple of decades are far better than their predecessors were. A used Cadillac with 100,000 miles on it has many more trouble-free miles left.
If you are looking for a quality used Cadillac, visit Hawk Cadillac of Joliet near Lockport. For a current listing of new, used, and certified pre-owned Cadillac’s, visit their website.
