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The car industry has been unpredictable recently, largely due to people staying home during the COVID-19 pandemic. Car manufacturers adapted to this by slowing down the production of new vehicles drastically, with some coming to a near halt. Nobody could have predicted how this would affect consumer spending, and when life returned to normal, car manufacturers couldn’t bump up production fast enough to keep up with driver demand. This has now created an interesting market, with it not being uncommon to find that new vehicles are on backorder.
Meanwhile, almost every used car dealership in America is thriving. First, the lack of new car inventory led many shoppers to make a used car dealership their first stop. And then, those on the fence about selling their car started enthusiastically taking their vehicles to local dealerships to see what kind of offer they could get. They knew they had a hot commodity, and dealerships were paying top dollar for used cars.
Now things have settled down slightly. New car production is picking up, but not so much that you see huge price drops on new vehicles, so used cars remain a good deal. Because of the mad rush to sell old cars, many used car dealerships are now overflowing with options. That means they’re slashing prices and offering incentives left and right. It’s created the perfect storm, and there’s never been a better time to buy a used vehicle. At Ryan Cadillac of Minot, we take great pride in our impressive selection of used vehicles and welcome you to come down and take advantage of our array of used cars, trucks, and SUVs and get a great pre-owned vehicle for a price that won’t break your wallet. But if you still need more convincing, keep reading to learn the many benefits of buying used. Some might surprise you.
Many shoppers are unaware of the various benefits of buying used. We’re all so accustomed to believing that new and shiny is always the way to go, but don’t overlook the value and perks of a used car. Let’s break them down for you.
The majority of depreciation on a vehicle happens in the first few years, so when you buy a used car, it’s already suffered most of its depreciation. This means that should you decide to resell it down the line, you’ll see a better purchase-to-sale price difference than someone sees when they buy a brand new car, then sell it used.
Car emissions are one part of the global warming equation when it comes to vehicle contribution. But there’s another major one, and that’s car production. The more people buy new cars, the more manufacturers must ramp up production to meet consumer demand. There are countless used vehicles in perfectly good condition, many of which you can find right here at Ryan Cadillac of Minot. If being kind to the planet matters to you, you can know you did your part by buying used.
New vehicles are exciting with all their innovative modern technology and features; however, you play the role of a guinea pig when you buy a new car with just-released features and systems. The glitches and the recalls are yet to come. Luckily, when you buy a used car, there’s already a known history of how the vehicle functions, so there shouldn’t be any surprises like major factory defects or faulty batteries. People who bought the car new were essentially the ones who truly tested the reliability of these pristine features, and now you can just relax and get into a car that you fully understand and know what to expect.
Used cars can save you money in a couple of ways. First, their price tag will generally be less than a new car’s. Second, there’s the fact that insurance is typically less for a used car. That’s because its parts are usually less expensive to replace than those on new vehicles. So you might find that your premium goes down when you report to your insurance company that you bought used.
At Ryan Cadillac of Minot, we pride ourselves on carrying an impressively diverse lineup of used vehicles. If you’re looking for a rare luxury vehicle so you can enjoy sophistication and ultimate comfort at a great price, we’ve got it: think of the gorgeous used Cadillac XT5 or the classic ATS. And if you need something spacious with a higher driving position, we have used Escalades. But we also carry other top-name brands like Chevrolet, GMC, and Buick. If you’re after a specific past year’s model with a rare feature that’s no longer in production, pay us a visit, and we’ll be happy to help you find it.
Carrying a variety of makes and models is important to us, so whether you’re in the market for a durable pickup truck to be your work car or a comfortable and stylish sedan to take to the office, we want to make sure that you don’t have to go anywhere else to test drive a vehicle. For those on a budget, you can use our sliding price tool on our website to set your budget to find some of our most affordable vehicles. We know you’ll be impressed by how comprehensive our selection is, and you won’t have to go anywhere else to find that perfect vehicle at a competitive price.
Ryan Cadillac of Minot has been family owned and operated since 1945, and we like to deliver that feeling of being part of the family to every customer that walks through our doors. We aren’t just about making a sale and turning a profit. We want to create life-long relationships with our customers, so our priority is understanding their needs and finding them a great car at a price that works best for them. We carry new and used vehicles from top brands like Cadillac, GMC, and Chevrolet, and each of our used vehicles goes through a comprehensive inspection before making their way onto the sales lot.
We don’t just want to help you find an excellent car; we also want to help you maintain it. That’s why we have a top-notch vehicle service center with factory-trained technicians who understand the ins and outs of every car we carry. You can know your vehicle is in good hands when you drop it off with us, and doing so is easy, thanks to our easy scheduling tool online. Don’t forget to check out our regular service specials, from rebates, price match guarantees, and more. We don’t think taking great care of your car should be expensive, so offering great specials are our way of saying “thank you.” Plus, we offer protection plans like GAP coverage and tire and wheel protection, so you always know your car will be taken care of.
When you’ve picked out the car you want, our helpful and educated finance team is happy to help you decide whether a lease or loan is best for you. We offer a variety of auto finance options on every vehicle, new and old, and work tirelessly to make sure that any shopper, no matter their credit, can get behind the wheel of their desired vehicle. Pair that with our rotating offers like special discounts on new and used cars, and there’s no reason not to visit us and see what great used vehicles we have waiting here for you.