Why Do We Think Used Cars Are Better Than New?

New Car Factory Lot

Buying a used car offers significant benefits beyond just cost savings. First, used cars depreciate at a much slower rate than new cars, meaning you retain more of your investment over time. Additionally, choosing a pre-owned vehicle is an eco-friendly decision, reducing the demand for new car production. Manufacturing a new car requires significant resources, including energy, raw materials, and emissions. By choosing used, you help minimize waste and lower your carbon footprint.

Despite the overwhelming number of advertisements pushing new cars, the reality is that in the U.S., used cars outsell new ones nearly 3 to 1. Smart move, America!

Another huge advantage of buying used is that you can afford a higher-end model with more features than if you bought new. For example, a lightly used, low-mileage top of the line 2022 Toyota Camry that was nearly $40,000 when new can now be found for around $28,000. That’s just a few thousand more than the entry level 2025 Camry. Similarly, a 2021 BMW 330xi that was close to $50k when new can be found for about $30,000. This is the power of depreciation—allowing you to get a premium vehicle for a fraction of the original price.

Many of these vehicles come from lease returns, meaning they were previously driven by individuals who typically log fewer than 12,000 miles per year. A three-year-old car with only 36,000 miles? That’s practically new! Plus, many still carry a portion of their original factory warranty, offering additional peace of mind. If more coverage is needed, buyers can opt for an extended warranty from the manufacturer or a third-party provider anytime before the new car warranty expires.

Vehicle history reports provide transparency by revealing previous ownership details, accident history, and service records—helping you buy with confidence. Additionally, lower car insurance rates and registration fees make used cars a smart financial decision.

With lower costs, less depreciation, and plenty of high-quality options, buying used isn’t just practical—it’s the smarter move.

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