If you’re car shopping on a budget, then buying a reliable model like a used Kia is a terrific strategy. Not only can you save on upfront vehicle costs, but Kia models are known worldwide for being low-maintenance. Learn about all the reasons why buying a used vehicle is a smart money-saving strategy.
Why a Used Kia Is the Best Budget-Friendly Family Car
The initial cost of a new car is the biggest budget-friendly advantage. You can save significant cash on a used car purchase because used vehicles have a lower market value than vehicles that are fresh from the factory. In addition to a lower sticker price, a used car also has lower sales taxes and other upfront fees.
Used cars are typically lower than brand-new Kia models because a used vehicle has already depreciated. A brand-new Kia will lose a chunk of value during the first year of car ownership from depreciation; sometimes as much as 20%. New vehicles lose a chunk of value for the first few years because they no longer have that “new car” curb appeal, the vehicle gains mileage, and it may be exposed to wear and tear damage.
Kias Need Fewer Vehicle Repairs
Kia is well-known for being a low-maintenance vehicle that does not require extensive repairs, even as the vehicle ages. Most drivers will be able to schedule routine vehicle maintenance like tire rotations, filter replacement, and oil service with predictable costs for several years. If major vehicle components like the engine or battery need repairs, you can also expect Kia repairs to be less expensive than other auto manufacturers.
Kias Have Robust Warranties
When you purchase a second-hand Kia, you will likely have the benefit of the remaining powertrain warranty. All new Kia vehicles come with a 10-year or 100,000-mile powertrain limited warranty that covers the costs of repairing the drive axles, engine, and transmission. This powertrain warranty is transferable to secondary owners, which means if the first owner only had the Kia for five years, the second owner can benefit from the remaining five years of warranty coverage.
Other Kia warranties are also transferable to the vehicle’s second owner. The basic limited warranty and anti-perforation limited both last for up to five years. If you purchase a Kia that is one or two years old, you can get the benefit of the last three years of warranty coverage for bumper-to-bumper and body sheet repairs.
Kias Have Lower Insurance Costs
Purchasing a second-hand Kia can also give you the benefit of lower insurance premiums. Typically, insuring a brand-new car with a higher value is more expensive than insuring a used vehicle with a lower market value. Drivers can benefit from lower premiums and deductibles, so the savings can be significant.
A previously owned Kia can save you tons of money in upfront vehicle costs, ongoing vehicle repairs, and monthly insurance premiums. Drop by Southwest Motors in Pueblo, CO to explore your second-hand Kia options today.
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