Top 10 Reasons to Choose a Premium Pre-Owned Car Over a New Model

In the luxury car world, temptation for a brand-new model is very high. Who does not love the smell of a new car? And the latest in technology cannot be ignored. The idea of driving an utterly untouched vehicle owned by no one else is very attractive. Still, is the new model the best choice? How much do people know that there might be a smarter, a far more financially sound, and environmentally conscious alternative option that actually beats new models in a number of ways? Here comes the premium pre-owned car—a choice which, apart from offering luxury, has substantial advantages that mere new models just can’t beat.

At Kamath Ventures, we truly appreciate the high value of a premium pre-owned car. That’s why we have created this list, which we feel is among the top 10 reasons why choosing a pre-owned vehicle might be the best decision for your next car purchase. So, let’s dig into the advantages that make pre-owned cars the preferred choice of savvy buyers.

1. Huge Cost Savings

Among the factors why people opt for a used car, the cost factor is most appealing. Premium used cars are sold at less expense compared to new ones. Depreciation in a brand-new car can reach as much as 20-30% during the first year itself. You save on that depreciation shock if you go for a used vehicle. In this way, you can get a good quality luxury car at a relatively lesser price.

Example: Just think of driving around in a like-new Mercedes-Benz or BMW that is just two years old but costs close to half what it would be. At Kamath Ventures, luxury at affordable prices is not a dream but a reality.

2. Lower Depreciation Rates

New cars depreciate quickly-on average, that is to say, they depreciate by approximately 50% within the first three years of ownership. However, premium pre-owned cars have already faced the brunt of their depreciation, meaning that these vehicles retain their value much better over time compared to their new counterparts. As such, the pre-owned vehicle is a safer investment.

Statistic: Cars depreciate at an average of 15-20% of its value each year, while a used one depreciates at a slower rate.

3. Better Value for Your Buck

When you’re spending your money on a high-end used car, the budget stretches far. Thus, you will often be able to get a more upmarket model or a car equipped with much more features and upgrades than if you were getting a new car. So, basically, you receive much more luxury, technology, and performance per pound spent.

Example: The same price range could see you walk away with the basic version of a brand new luxury car, or possibly get a top-of-the-line, totally fitted pre-owned car, all courtesy of Kamath Ventures.

4. Certified Pre-Owned Programs

Many high-end used cars have CPO programs, which give more assurance. CPOs are physically inspected and come with warranties that are as good as those from a new car. That is to say, you can be certain that you are driving a quality vehicle that has gone through the thorough process of being vetted and is in prime condition.

Advantage: You get the best of two worlds: a price of a pre-owned with assurance of a new car.

5. Lower Insurance Costs

One pays relatively lower insurance covers for pre-owned cars as compared to new ones. The value of the car is relatively smaller, which would mean that there would not be much to pay in replacement cost in case of an accident. In the premium pre-owned vehicles, you really save handsomely on your insurance premiums.

TIP: Compare the rates of new and pre-owned cars by looking at the insurance rates to see how much you can save with the pre-owned one.

6. High-end Features are Accessible Individuals

High-end Features are Accessible Individuals can gain access to high-end features that may be expensive on a newly purchased automobile, such features often include advanced technology, high-end interiors, and superior safety features, all of which are often more affordable for pre-owned vehicles.

For instance, you might buy a used Audi with the leather seat, premium sound system, and more advanced safety features for the same price that you would buy a new, less well-equipped model.

7. Environmentally Friendly Option

There is also choosing a used car: it is an environmentally-friendly option too. Reusing an existing one decreases the need to produce a new one, which consumes energy and pollutes the atmosphere with tons of CO2. Choosing a luxurious used car makes you promote sustainability and save the Earth.

Did you know? New car production produces about 10-12 tons of CO2 emissions. When you buy a pre-owned car, you’re reducing those emissions.

8. Less registration taxes

There are areas where the value and model year of the car calculate vehicle registration fees. As premium used cars are less pricey compared to a new one, charges for registration of premium used cars are lesser compared to a new car. Altogether this adds up to even more savings by the lifetime of a vehicle.

Benefit: Reduced registration costs add to more money in your pocket that makes the pre-owned option even more tempting.

9. Availability of Historical Data

With regard to a good-used secondhand car, especially one from a great company like Kamath Ventures, you generally can be better informed about its history. A vehicle history report might include the previous ownership, checks-up, and reported accidents, which can allow you to decide on the current condition of the car.

Insight: All this information about a car’s past can provide you with greater insight into its future reliability, thus making your choice in the process more informed.

10. Durable, High-Quality Cars Luxury cars are meant to last

Durable, High-Quality Cars Luxury cars are meant to last; excellent engineering and high-quality materials ensure that these machines maintain performance and ‘looks’ year after year. Even as used models, they can still give excellent driving enjoyment, thus making them a very good investment.

For example, the long-lasting performance showcased by Lexus, BMW, and Mercedes-Benz is something a buyer can look forward to when purchasing a pre-owned model of one of these brands.

Why Choose Kamath Ventures for Your Premium Pre-Owned Car?

Kamath Ventures is into luxury pre-owned vehicles, with exceptional values, quality, and high performance. We strive to make the perfect car and then exceed your dreams and expectations. At the heart of the luxury pre-owned world of Kamath Ventures lies commitment to transparency, customer satisfaction, and ecological practices.

Conclusion

When you buy a premium pre-owned car over the new, you are making sense in every aspect-from saving money and avoiding massive depreciation to environmental impacts and a chance to leverage the luxury feature. When you find the right pre-owned vehicle, you can have the elegance and performance of a high-end car without breaking the bank.

If you’re looking for the green side of luxury, come over to Kamath Ventures for the benefits of pre-owned cars. Let us help you find your perfect car, one  that best fits your lifestyle, budget, and values. Make the smart choice and experience the luxury of driving a premium pre-owned car-without compromise.