Blog / Automotive Industry

Why the Average Age of Vehicles on U.S. Roads Is Increasing

This Was Is So Long. Original public domain image from Wikimedia Commons

Did you know the average car on the road is 12.5 years old? That's a record high. And a key reason for this is the rising cost of new and used cars due to pandemic-era lockdowns that resulted in a global chip shortage.

As it turns out, there are several reasons why many people invest in used rather than new vehicles.

Do you want to learn why car owners often prefer buying used cars?

Keep reading to see why getting a certified pre-owned vehicle makes sense.

Take Advantage of Depreciation

One reason people go for used cars over new cars is the ability to leverage depreciation.

Consider this scenario: If you purchase a vehicle for $40,000 today and then sell it in 36 months for $24,000, that means you have to deal with a 40% value loss over the 36 months you owned the vehicle.

But when you buy used from a trusted dealership, you'll get a discount due to the depreciation factor. At Bruner Early, we offer certified pre-owned vehicles. You can trust used cars that are fully serviced and that come with warranties.

Most people can't tell the difference between the 2023, 2022, or 2021 models of specific cars, trucks, or SUVs.

So, you can get a three-year-old Chevrolet, GMC, or Buick vehicle for a fraction of the cost of a brand-spanking-new model. And most of your family, friends, or neighbors won't even know that it's not a brand-new vehicle.

Pay Less Insurance

Do you want to get the best auto insurance deals? One way is to invest in a quality used car. When you call for auto insurance quotes, you'll get lower quotes for a vehicle several years old than a current-model-year vehicle.

Depending on the type of used car you get, you might skip specific coverage options. That'll help you to save even more money on insurance.

Used Cars Are Reliable

One reason the average age of cars on U.S. roads continues to climb is that vehicles are more reliable overall than in previous eras.

Vehicles from several years ago can have better build quality, power train performance, and overall reliability than cars from decades ago. So, you will be able to get a reliable used car from a trusted dealership.

At Bruner Early, you can trust our pre-owned vehicles. A certified pre-owned car is a better buy than a used vehicle from another dealer or private seller.

Certified pre-owned vehicles come with warranty coverage from the original car manufacturer. They're also fully inspected and repaired prior to getting the certified pre-owned label. It's a used vehicle that's almost as good as new.

That's as good a reason as any to purchase pre-owned. Get in touch with us at Bruner Early to learn more about why you can trust our pre-owned vehicles.

Buy Used Cars From Us

One reason the used car industry is succeeding is that prices for used and new cars have increased due to factors like the global chip shortage. But you can still get some great deals if you purchase certified pre-owned vehicles.

When you're ready to buy used cars, contact us at Burner Early. We have quality, certified pre-owned vehicles of different makes and models. Check us out and take a car out for a test drive. You see the difference quality makes.

Give us a call or stop by to see why your next used car should be from our quality selection of vehicles.

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Ensure your GMC truck is ready for anything with a 2023 GMC AT4 off-road package. Get the facts on GMC AT4 in this buyer's guide.

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