Buying a Used Car in 2024? Here’s How to Make a Smart Investment

Buying a Used Car in 2024 Here’s How to Make a Smart Investment

In 2024, buying a used car is a popular and savvy choice, especially with soaring new car prices and ongoing supply chain delays. Used car dealerships in Evansville are certainly seeing a growing trend in pre-owned car sales, and it’s not slowing down anytime soon.
Let’s explore why purchasing a used car is a sound investment, practical tips for getting the most out of your money, and some of the best models used car dealers in Evansville recommend this year.

Key Benefits of Buying a Used Car in 2024

  • Lower Depreciation Rates – One of the biggest financial advantages of a used car is reduced depreciation. New cars lose up to 20% of their value within the first year, while used vehicles have already gone through the steepest drop in value, allowing you to buy an asset that depreciates more slowly.
  • Lower Upfront and Financing Costs – Used cars generally come with a lower price tag and, therefore, lower monthly payments. Even financing rates tend to be lower, as lenders are more likely to approve loans for used cars with stable values.
  • Pre-Inspected Vehicles – At Edge AutoSports, our vehicles undergo rigorous inspections and come with extended warranties. You also have the right to do a pre-purchase inspection so you can purchase a used vehicle with peace of mind.

Tips for Buying a Used Car in 2024

  • Check Vehicle History Reports – Always review the vehicle history report using services like Carfax or AutoCheck. This report will provide information on prior ownership, accident history, maintenance records, and title status, helping you avoid purchasing a car with hidden issues.
    Be Wary of Vehicles With No Inspection – When buying a used car, it’s important to consider only vehicles that have undergone an inspection. Many privately used car sales skip the inspection process, leaving buyers vulnerable to hidden issues and unexpected repair costs.While buying directly from a seller can sometimes mean a lower price, going to a used car dealership in Evansville with an inspection process can save you money and the headache of dealing with unexpected repairs in the long run.
  • Focus on Fuel Efficiency and Maintenance Costs – With fluctuating gas prices, choosing a car with good fuel efficiency can save you significantly in the long run. Additionally, consider models known for low maintenance costs to keep expenses manageable over time.

On the other hand, if you choose to go with a luxury vehicle, buying used is a great option. Many luxury brands are known for their high performance over time, and a well-maintained pre-owned model can offer years of reliable use. This way, you can enjoy the prestige, comfort, and driving experience of a luxury car, without the hefty price tag of a brand-new one.

Our Most Popular Used Vehicles

2019 Honda Civic Si Sedan 4D

The 2019 Honda Civic Si Sedan offers a sportier take on the popular Civic lineup. Powered by a turbocharged 1.5L 4-cylinder engine that delivers 205 horsepower, it features a 6-speed manual transmission for an engaging driving experience. The Si offers a sporty design with unique styling elements like a rear spoiler and bold front grille.

Inside, the Si boasts comfortable sport seats, a 7-inch touchscreen with Apple CarPlay and Android Auto, and a premium audio system. Its combination of performance, practicality, and fuel efficiency makes it a great option for drivers seeking fun without sacrificing daily usability.

2011 Lexus GX 460 Sport Utility 4D

The 2011 Lexus GX 460 is a luxury mid-size SUV with off-road capability and upscale amenities. Powered by a 4.6L V8 engine producing 301 horsepower, it offers a smooth ride on the road and rugged capability off the pavement. The GX features a full-time 4WD system, adjustable suspension, and crawl control for challenging terrain.

Inside, it provides a luxurious cabin with leather seating, wood trim, a premium audio system, and available third-row seating. Known for its reliability and comfort, the GX 460 appeals to families and adventurers alike.

2019 Chevrolet Colorado Crew Cab LT Pickup 4D 5-ft

The 2019 Chevrolet Colorado LT Crew Cab is a versatile midsize pickup that offers a comfortable ride along with excellent towing and payload capacity. The LT trim adds features like an 8-inch touchscreen with Apple CarPlay and Android Auto and a rearview camera. With a spacious crew cab and a 5-foot bed, the Colorado LT is a practical choice for both work and recreation, delivering the right mix of utility and comfort.

2016 Mercedes-Benz E-Class E 350 Sedan 4D

The 2016 Mercedes-Benz E 350 is a luxury midsize sedan that blends sophistication, performance, and comfort. It comes equipped with a 3.5L V6 engine producing 302 horsepower, offering smooth acceleration and composed handling. The interior features premium materials, leather upholstery, wood accents, and advanced technology like COMAND infotainment with navigation.

With a spacious cabin, excellent sound insulation, and driver-assistance features like collision prevention and adaptive cruise control, it delivers both luxury and safety. Ideal for those seeking a refined, executive sedan with a quiet yet engaging drive.

Find Your Next Pre-Owned Vehicle in Evansville

At Edge AutoSports, we’re here to help you find the perfect used car to fit your lifestyle and budget. With a wide selection of high-quality pre-owned vehicles, we make it easy for you to drive away in the car of your dreams – without breaking the bank.
Can’t find what you’re looking for online? No problem! Stop by our dealership, and our friendly team will be more than happy to help you track down exactly what you need.
Visit us today, and let’s get you behind the wheel of a great vehicle!

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