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Car buyers today have an abundance of options. As you conduct your search, you may decide that a pre-owned vehicle is a better fit for your lifestyle and budget. As a full-service dealership, Hiley Hyundai of Fort Worth maintains an impressive selection of used cars to address your various needs. Used cars offer a series of important benefits over buying new.
You can count on our trained sales team to present you with choices that fit those needs in terms of make model, price, mileage, and color. Our inventory is constantly changing. We will partner with you to find the pre-owned car that is right for you.
Purchasing a brand new vehicle means you’ll have a problem-free car that comes with the latest automotive technologies. However, it may not be the best option for everybody. More and more car-shoppers are showing preference for used vehicles because they offer a number of benefits over their new counterparts. The following are a few good reasons why you should consider buying a pre-owned car:
For a vehicle of the same make and model, buying new is going to cost you significantly more than buying used. It requires you to take out a larger auto loan and make higher monthly payments, which increases your financial burden. If you buy a pre-owned car, you can fulfill your transportation needs while enjoying greater financial freedom.
A new vehicle depreciates at a much faster rate than a used one. It begins to lose value the moment it leaves the dealership lot. As a general rule of thumb, a new car will be worth about 20% less than its initial value by the end of its first year and roughly 50% less after five years. Therefore, if you purchase a $20,000 vehicle, you may not be able to sell it for more than $10,000 when it reaches the five-year mark.
Buying a pre-owned car is a sound financial decision in that it allows you to avoid the steepest part of the depreciation curve. If you purchase a car that’s more than five years old, you won’t lose a lot of money if you decide to sell it after one or two years.
The value of your vehicle has an impact on your auto insurance premium. In most cases, a used car costs less to insure than a new one. Depending on the age, make, and model of your vehicle, buying used can help you save up to hundreds of dollars a year on car insurance.
Dozens of new vehicle models are released every year, but your choices will be limited if you’re buying a new car on a budget. You’ll probably be able to afford only entry-level models with basic features.
With the same amount of money to spend, you’ll have plenty of options if you buy used. You can get a larger vehicle that provides more room for your family or a higher trim level that comes with more comfort, infotainment, or safety features. Additionally, you have the option of buying a vehicle that’s no longer being widely produced, such as a station wagon or muscle truck.
In general, vehicles have become more reliable over the years, thanks to the advancement of automotive technology. Most modern cars can run well past the 100,000-mile mark if they’re properly maintained. Therefore, if you purchase a used vehicle today, you’re more likely to end up with a dependable car that still has plenty of mileage left to go. Also, with access to vehicle history reports and services records, you can gain a clearer insight into the condition of any used vehicle you’re interested in, which makes buying used less risky.
Used cars offer customers many advantages. Our sales team will help you understand the variables involved and decide on the option that works best for you. We will listen closely and tailor our suggestions to your needs.
You may be wondering about the benefits of buying a used car. Here are some of the main benefits, according to the experts at Cars.com and Bankrate.com:
By definition, used cars are lower in price than the newest models. Given how technology and dependability have evolved, you can come away with a great used car with an excellent service, safety, and maintenance record that lasts for many years. More cars are routinely outlasting well above 100,000 miles — even to 200,000 miles and beyond. Buying used can save you money on the purchase price and over the lifetime of the car. If you’re shopping on a budget for an affordable car, be sure to check out our vehicles priced under $10,000.
The auto business has gotten intensely competitive in the age of the internet. There is more information available about cars and their service histories than ever. In response, many dealers, including Hiley Hyundai of Fort Worth, participate in manufacturer-initiated certified pre-owned vehicle programs. The goal is to set your mind at ease that you are buying a car you can depend upon.
Earning the designation of certified pre-owned means a used car meets the manufacturer’s standards for quality and provides some protections and guarantees over a certain time frame or mileage. Certified pre-owned is almost like a new car warranty. Hiley Hyundai participates in the Hyundai Certified Pre-Owned program, which covers most Hyundai models.
Buying a car is a significant investment. New cars tend to experience a significant depreciation in value in the first years after purchase. There is nothing inherently wrong with this as long as you understand and plan for it. Buying used, however, can in some cases shield you from the effects of depreciation. You can also help maximize resale value through activities, such as cleaning the car regularly, keeping up with regular maintenance, and limiting mileage as much as you can. With the right choice, you may be able to retain a more favorable future resale value.
Many states, including Texas, charge sales and use taxes on vehicles. They also base registration fees on the price of the sale of the auto. Paying a lower price upfront for a used vehicle can limit those types of fees so that more of your money goes toward the vehicle. You may also find that insurance costs less on older vehicles because they are lower in price. Depending on the age of the car, it may be possible for you to reduce your coverage. Note that drivers in most states are required to carry liability insurance, but you may be able to lower your coverage limits or even drop comprehensive or collision coverage altogether. Every case is different and every state is different. Make sure you consult with your insurance agent.
Hiley Hyundai of Forth Worth is proud to participate in the Hyundai Certified Pre-Owned program. Buying a car through the certified pre-owned program in effect means you will be getting a like-new car at used-car prices. What’s not to like?
We offer the entire line of Hyundai models, including the Hyundai Elantra, Sonata, Accent, Tucson, and Palisade. Check out our current selection of Certified Pre-Owned vehicles here.
Each car accepted into this program meets age and mileage requirements, has a clean title (verified by CARFAX), and has passed a 173-point mechanical, safety, and appearance inspection performed by Hiley Hyundai. The program includes benefits such as rental car reimbursement, travel interruption reimbursement, and roadside assistance benefits. Hyundai estimates that a Hyundai Certified Pre-Owned vehicle on average carries around $2,000 in added value over a non-certified used Hyundai.
At Hiley Hyundai of Fort Worth, we also know you have options when it comes to financing the purchase of a vehicle, whether new or used. We have a team of professionals who work closely with lenders in the Fort Worth area. Because of these established relationships, we can help you find a payment plan that fits your budget. We want to help you find a car that works best for you and your family.
Buying a car is a big commitment. We will work with you to make sure you understand the variables involved, including all financial terms as well as sizing the right down payment. Visit our financing page to learn more about our approach to financing.
When you’re buying a pre-owned vehicle, it’s essential that you shop at a reputable auto dealership, such as Hiley Hyundai of Fort Worth. Our dealership is part of the Hiley group of dealerships, a family-owned business that has been in operation since 1990. Over the years, our fervent commitment to quality and customer satisfaction has made us one of the most trusted names in northeastern Texas’ automotive retail industry. We strive to treat our customers with the utmost respect and sincerity and genuinely help them own their ideal vehicles. Rest assured you’ll feel right at home at our dealership.
At Hiley Hyundai of Fort Worth, you’ll find a vast selection of well-conditioned used cars, SUVs, pickup trucks, and minivans from many auto manufacturers. Examples of car brands we carry include Hyundai, Mazda, Kia, Honda, Nissan, Toyota, Ford, Chevrolet, GMC, RAM, Volkswagen, and Audi. No matter which model you choose, you’ll drive off our lot in a truly reliable vehicle. Our highly qualified technicians thoroughly inspect all of our pre-owned vehicles to make sure they meet our stringent quality standards. Also, we constantly review our used car prices to provide you with the most competitive deals.
Another benefit of shopping for a pre-owned vehicle at Hiley Hyundai of Fort Worth is that you can take advantage of our special offers to save money. We offer discounts on selected used cars on a rotating basis, so make sure you check our “pre-owned vehicle specials” page before you head to our dealership. If you opt for a featured model, you may be able to save hundreds or thousands of dollars on your car purchase.
Finding the right auto financing solution is often a challenge for car buyers. However, this won’t be a problem at our dealership. We have a dedicated team of finance experts who can connect you with a wide array of auto loan providers. Whether you need a conventional car loan or refinancing, we can help you find a financing solution that suits your needs and preferences. Even if you have bad or no credit, we’ve got you covered.
The sales and finance teams at Hiley Hyundai of Fort Worth are looking forward to helping you drive home your favorite used vehicle. Don’t hesitate to contact us if you need more information or want to schedule a test drive.
At Hiley Hyundai of Forth Worth, we will listen closely to you at every step to identify a car that meets all your goals. Your satisfaction is our top priority.
Our used car inventory offers the best of both worlds. You can choose from a top selection of used Hyundai vehicles. Looking for additional options? Be sure to browse our large inventory of used cars for sale, including vehicles from Ford, Mazda, Kia, and other manufacturers.
Remember that we also offer a wide selection of new Hyundai vehicles. We carry all of the newest models, including the Hyundai Elantra, Hyundai Sonata, Hyundai Accent, Hyundai Tucson, and the Hyundai Palisade. Check out our new car specials as well as Hyundai national incentives and offers. Contact us with questions! We will find the right used car for you.