Why Buy a Pre-Owned GMC Sierra 1500?

January 10th, 2021 by

The GMC Sierra 1500 is one of the most popular, top-rated full-size pickup trucks on the mainstream auto market. It is renowned for its reliability and the power and capability it offers on the road. Plus, its cabin is very comfortable and it has a bold exterior style that stands out on the road in all the right ways. If you are in the market for a pickup truck and are on a budget, keep reading to learn why a pre-owned GMC Sierra 1500 might be the right choice for you.

Why Buy a Pre-Owned Vehicle?
Lower Prices
The primary reason why many drivers choose to purchase pre-owned vehicles is the fact that used cars from previous model years tend to come at much lower prices than brand-new versions of the same vehicle model. In fact, the average driver could save more than $100,000 in their lifetime if they only purchased used cars rather than brand-new vehicle models.

Why Buy a Pre-Owned GMC Sierra 1500?
Why Buy a Pre-Owned GMC Sierra 1500?

Plus, car insurance rates tend to be lower for used cars than for brand-new vehicles because pre-owned vehicle models are worth less than new cars—so they cost less to insure when it comes to collision and comprehensive coverage.

Less Value Depreciation
The original value of a brand-new vehicle depreciates very quickly. In fact, a brand-new car immediately loses between 10 to 15% of its original value the minute you drive it off of the dealership lot. Each year, the value of a new car decreases by approximately 10

to 20%—which means certain brand-new vehicle models lose more than 50% of their value by the time they’re 5 years old.

This means that buying a used car can actually be a much better investment than purchasing a brand-new vehicle. When you buy a brand-new car, you lose up to 15% of

the money you put into buying it as soon as you leave the dealership. If you purchase a pre-owned vehicle model that is already two or three years old, however, that car will likely have already depreciated in value by more than 30%. This means that, when you eventually sell that car, you will be able to gain back more of the money you spent on the car than you would if you had purchased a brand-new model instead.

More Security
Buying a pre-owned vehicle used to be much riskier than it is now. The used car market has blossomed throughout the past several years. Drivers are opting to purchase used cars over brand-new models now more than ever—used car sales have increased significantly just during the COVID-19 pandemic alone.

Websites like Craigslist and signs tacked to street poles are no longer the main sources where you can look for a used car. Most official dealerships that operate under the umbrella of major automakers now sell used cars in addition to brand-new models. If you purchase your pre-owned vehicle from an official car dealership, you will likely be offered special warranties and guaranteed a certain level of quality for the car you buy.

If you want additional peace of mind, you can select a certified pre-owned vehicle model. Most major automakers offer certified pre-owned vehicle options in addition to the standard used car models they have available on their lots. Certified pre-owned vehicles have to meet higher standards of quality, they come with thorough and clean vehicle history reports, and they must be underneath a certain threshold for both age and mileage.

Why Choose a Pre-Owned Sierra 1500 Model?
The GMC Sierra 1500 gets better and better with each passing model year. This might seem like a reason to buy a brand-new 2021 Sierra 1500 rather than purchase a pre-owned model from a previous year, but it’s actually quite the opposite.

However, the continuous updates and upgrades that GMC makes to their Sierra 1500 actually means that you can buy a pre-owned model of this pickup truck from one of the last several model years and expect it to still live up to modern standards and expectations for brand-new vehicle models.

If you are interested in making a pre-owned Sierra 1500 model your next vehicle, call or visit your local GMC dealership today to find out your local options for purchasing a pre-owned model of this impressive full-size pickup truck.

Posted in Uncategorized