2667 × 1500If you're looking for a smart way to save on your next vehicle purchase, Ken Pollock Alfa Romeo. Our suggestion? Purchase a used Alfa Romeo car! This is a great way to save money while still having the chance to get behind the wheel of a luxurious performance vehicle.

Lower Costs

The first and most obvious difference between a used car and a new one is the price. A used car is often less expensive than a brand new one thanks to a phenomenon known as “depreciation.” Essentially, once a new car leaves the dealership it begins to decline in value, or depreciate.

This means that a vehicle that's a few years old has declined in value and could cost less than you might expect. A vehicle that was once out of your price range could now neatly fit into your budget. You might be able to afford a higher trim level or a model that offers different options.

Less Expensive Insurance

There is another way that buying used can save you money. A used car might also cost less money to insure. One thing that helps determine insurance premiums is the age of the vehicle. Generally, the newer the car, the more money it costs to insure.

One example is GAP insurance. If you owe more money on your loan than your car is worth and your vehicle is totaled in an accident, this covers that “gap.” So if you owe $20,000 on your car and your insurer says it's only worth $17,000, you're not responsible for coming up with that $3,000 on your own. This type of coverage is often unnecessary on a pre-owned car, which means lower premiums.

If you want to learn more, visit our Alfa Romeo dealers in Wilkes-Barre, PA. We'll help you find the perfect used Alfa Romeo car!

Categories: Pre-Owned Inventory