Should You Buy a New or Used Honda? 6 Things to Consider

When it’s time to buy a car at our Honda dealership, the debate of whether to buy a used Honda or new Honda is inevitable. With a reputable brand like Honda, known for its reliability and resale value, the decision can be even more challenging.

Depreciation

A brand-new Honda will depreciate the moment you drive it off the lot, typically losing about 20 to 30% of its value in the first year. With a used Honda, the previous owner has absorbed the biggest depreciation hit, allowing you to get more car for your money.

Cost

Budget is often the biggest factor in any car-buying decision. New Hondas come with a higher price tag, but they also often have lower interest rates and come with full manufacturer’s warranties. Used Hondas are less expensive upfront, and Honda’s reputation for durability means you’re less likely to encounter expensive repairs with a well-maintained vehicle.

Reliability

Honda has a sterling reputation for reliability, which gives buyers of both new and used models peace of mind. New Hondas come with a warranty and the promise of untouched mechanical integrity. A used Honda, especially a certified pre-owned model, can also be a reliable choice but may still require more maintenance.

Insurance Costs

Insurance costs are typically lower for used cars, so a pre-owned Honda could save you money every month. New cars, on the other hand, come with the latest safety features, which might help lower your insurance rates. This is usually offset by the higher value of the vehicle.

Latest Features

If having the latest technology and the most up-to-date design is important to you, then a new Honda might be the way to go. New models will have the latest infotainment systems, advanced driver-assist technologies, and connectivity features. A used Honda might not have the cutting-edge tech but might include features that were expensive add-ons when the car was new, offering a great value.

Customization

With a new car, you can pick and choose the features you want, right down to the color and interior finishes. Used cars don’t offer this luxury, but due to the wide variety of cars that are available used, you may find a vehicle that’s already set up the way you like it.

Buy Used or New Cars at Your Honda Dealership

Whether you decide to go new or used, a Honda is a smart choice, and the dealership is the perfect place to go. With a wide selection of both new and used vehicles, as well as access to Certified Pre-Owned Hondas, the local dealer is sure to have the perfect car for you.

Keep these points in mind and do your homework, and whether you buy a new car or a pre-owned one, you’ll be able to find a vehicle that fits both your needs and your budget. Swing by Stirling Honda in Longview, WA and browse our inventory today.

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