• Porsche Lincolnwood

Oct 20, 2023
5 Great Reasons to Buy a Used Porsche

Going for a used Porsche rather than a brand-new one can save you a whole bundle of cash. You’ll pay a lower sticker price and enjoy savings on fees, insurance, and vehicle depreciation. Buying a 911, Taycan, or Cayenne of a different year at a reduced cost is the primary reason for selecting a pre-owned Porsche. Still, there are also other great advantages to consider.

1. Stretch Your Dollars

Stretching your dollars is a significant benefit of buying a pre-owned Porsche. You can get more car by purchasing used vehicles rather than new ones. Plus, nowadays, you can see details about a car’s ownership, accident history, title status, mileage, and service records. If you have your sights set on a sporty Porsche, you may not be able to afford this year’s model, but one two or three years older in excellent condition could better fit your budget.

2. A Wider Model Selection

You can choose from a selection of models with different trims and features that would have been out of your financial reach if you were considering buying a brand-new Porsche. Additionally, it’s crucial to remember that Porsche is a top-tier vehicle that consistently provides cutting-edge technology and safety features, not to mention that they always stay in style, whatever the year.

3. Fork Out Less for Fees

Purchasing a pre-owned car is often a more cost-effective option compared to buying a brand-new vehicle, primarily due to the lower initial cost of the car. This is highly beneficial when considering the sales tax, which is lower for pre-owned vehicles. However, when preparing to purchase a pre-owned car, it’s vital to consider the additional fees that come with car ownership. To ensure you’re fully prepared for these expenses, it’s a good idea to check the DMV website for specific information regarding title tax, registration fees, and documentation fees.

4. Take Advantage of Lower Insurance Rates

When it comes to insurance rates, the value of your car plays a significant role. Older cars are more affordable to insure compared to newer models. Opting for a pre-owned Porsche will result in lower monthly insurance costs. Insurance rates also vary based on how old you are, your driving history, your credit rating, and where you live.

5. Enjoy the Benefit of Less Vehicle Depreciation

New cars start depreciating the moment you drive one off the showroom floor, and their value will continue to decrease throughout the first year of use. On the other hand, pre-owned cars have already gone through their primary depreciation phase, making a pre-owned Porsche an excellent investment. If your dream is to sit behind the wheel of a Porsche, buying a pre-owned one is a great option. Treat yourself and stop at Carlock Prestige today and take a fast and powerful pre-owned Porsche for a spin.