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July 13, 2020

Now is time to shop for certified pre-owned vehicle

  • Take advantage of record-low interest rates and greater savings than buying new.
    • By RONALD MONTOYA
    Edmunds

    iStock image
    On average it costs about $15,471 less to buy a 3-year-old used vehicle than a new one.

    Used cars have historically been a smart alternative for those in need of transportation during an economic downturn. They don't depreciate as much as new cars and are less likely to overburden a buyer with a large loan at a time of uncertainty.


     
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