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We’d love to send you home in a brand-new Ram, Jeep, Dodge or Chrysler, but if that’s not in the cards for you, whether it be because of price, choice or availability, we have a wide selection of used vehicles for you as well. Why is buying used such a great option in our current times vs. a new vehicle purchase? There are many reasons, including a cheaper price, less depreciation, easier ability to maintain your budget, more vehicle choice and the high amount of used inventory compared to the lower new inventory currently. Read on with our team at Golden Mile Chrysler as we outline why you should buy your next used vehicle from our North York dealership.

talking about insurance after accident

Price

This is often the biggest and deciding one for most people, the cost it takes for you to drive home in said vehicle. While used vehicles can get pricier themselves, if you’re looking to get a vehicle on the cheap, and one still of high quality, buying used is the perfect route to go down. The best new features may be on the new Ram, Jeep, Dodge and Chrysler lineup, but you can still get these same tier of features on a used model, and, perhaps, one just a few years old. Shop used and drive away at a great price.

Depreciation

One of the biggest downsides of buying a new vehicle is the large amount of depreciation value that goes out the window as soon as you drive off the lot. That means that if you want to sell the vehicle you’ll automatically have to sell it at a much lower price, due to the fact that it’s not “new” anymore. Buying used means you ignore this large chunk taken off, a previous owner already dealt with that, so if you intend to sell the vehicle in the future you won’t be losing as much on your purchase. Sure, depreciation still happens with used vehicles, but nowhere near to that initial level from new.

Depreciation
Vehicle Choice

Vehicle Choice

The beauty of a lineup of new Ram, Jeep, Dodge and Chrysler vehicles here at Golden Mile Chrysler means you have a pick from a variety of vehicles. Whether it be an SUV, car, pickup or van, there’s a model for you to buy new. For even more choice, though, those brands and off-make models, buying used gives you the most choice possible. As well, buying new only serves you, generally, with models from the current and preceding year, while buying used gives you the entire range of vehicle years. Perhaps you liked the style of a pickup from 10 years ago, that option is available to you when buying used.

Increased Used Availability

Used vehicles have seen a resurgence in popularity in the last few years due to troubles that the pandemic has wrought on the automotive industry. Component shortages, factory shutdowns and supply chain issues have all put a stranglehold on the number of new vehicles able to be produced, nowhere near-normal levels. With lesser availability at a dealership and a longer time to order, used vehicles have become especially more valuable given their current ability to be bought now, and still, largely, on a lesser price. Take advantage of the current market, even trade in your vehicle, and buy used.

Increased Used Availability

Golden Mile Chrysler is your top choice to buy used in the North York area. Toronto-area customers will love our vast selection of not only Ram, Jeep, Dodge and Chrysler vehicles, but also a healthy amount of off-make models, too. If you have any questions about our used buying process, contact us, today, and we’ll walk you through the entire process, step-by-step.