It’s lovely buying a new car but does it actually make economic sense? Penarth based Ashley James argues a strong case for buying preloved.
Buying a new car is, admittedly, an exciting experience, but these days the smart money is buying second-hand or preloved vehicles. New models can sometimes be an unknown and, as we’ve all read in the past, manufacturers are not always quick to acknowledge their new models have faults or to rectify them.
Ashley says, “A second-hand car has a track record and proven reliability – we know what makes and models are well built, reliable, good value and have the features people want. We mainly sell Volkswagen, Audi and Porsche if you fancy something sporty! Considering buying pre-owned? Here are a few things to consider:
Significant cost savings
One of the most attractive benefits of buying a used car is the savings. As soon as a new car leaves the forecourt, its value depreciates rapidly – often losing 20-30% within the first year. With a used car, you avoid this steep depreciation hit.
Lower insurance costs
Used cars typically have lower insurance premiums compared to brand new models. Since they’ve already taken their initial depreciation, their overall value is lower, which means cheaper insurance rates and long-term savings.
Proven reliability over time
While new cars may come with the latest features, they are often unproven in terms of reliability. Some new models, as we’ve seen in the past, come with faults that manufacturers are not always quick to realise. A preloved car, on the other hand, has a known track record. You can buy with confidence, knowing it has already proven its reliability on the road.
Warranty coverage
Many preloved vehicles still have the remainder of their manufacturer’s warranty. Even if they don’t, we offer a selection of warranty options for peace of mind. Purchasing an extended warranty is an affordable option with a preloved car, you get peace of mind without paying the brand-new price.
Verified maintenance history
Buying a preloved or used car from a reputable seller often comes with a verified maintenance history. This gives you confidence in the vehicle’s condition, knowing it’s been well cared for and maintained properly.
Modern features and technology
Used cars come equipped with many of the same modern features and technology that were available when first purchased, allowing you to enjoy up-to-date tech without the higher price tag of a brand-new model.
Slower depreciation
After the initial drop in value, preloved cars depreciate at a slower rate than new cars. This means they hold their value better over time, making them a smarter investment in the long run.
Reliability
Modern cars are built to last, and a used vehicle that’s only a few years old is still in its prime. You can expect reliable performance and fewer issues for many years to come.
Bottom line…
If you’re looking to get the most for your money when buying a car, preloved and used vehicles offer a compelling option. With cost savings, lower insurance, proven reliability, warranty coverage, and all the latest features – all while avoiding the steep depreciation and potential risks of a brand-new car – it’s no wonder savvy buyers are choosing pre-owned cars.
The next time you’re in the market for a vehicle, consider the benefits of a preloved vehicle – you might just drive away with a deal that’s nearly as good as new.
If you are looking for a particular Audi, Volkswagen or Porsche, Ashley James Automotive are more than happy to help you into your next car. Ashley says: “We will also buy your Audi, Volkswagen or Porsche (up to 80,000 miles/10 years old). We also buy and sell classic cars. Get in touch if we can help in any way.”
Ashley James Automotive
Windsor Road
Penarth CF64 1JG
02920 790 790
hello@ashleyjamesautomotive.co.uk
www.ashleyjamesautomotive.co.uk
Opening times
Monday to Friday 9am – 5.30pm
Saturday 9am – 5pm
Sunday by appointment only
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