Lexus of Santa Fe invites you to explore our inventory of affordable used cars for sale in Santa Fe NM. We stand behind the quality of all our pre-owned luxury cars and SUVs. Each one has undergone rigorous inspection and is a great value to anyone looking for a reliable vehicles for sale under $10K. Lexus of Santa Fe invites you to shop online or in-person today. Plus, don’t forget to visit our auto finance center to get pre-approved for a used car loan before you shop.
Competitively priced used cars are a fantastic option for many car buyers hoping to keep within their chosen budget, obtain something practical for a teen driver, fulfill a temporary need, bypass financing altogether, or any number of personal reasons. While buying a new vehicle is often a goal for a number of people, there are some attractions for shopping pre-owned. The most oft-cited of these reasons are that pre-owned cars and trucks experience less depreciation over time, are dependable and reliable vehicles, and commonly cost less to insure than a newer model.
One all-too unavoidable reality of car and truck ownership is a little matter of depreciation. As suggested by Kelley Blue Book, the typical car can lose up to 60% of its value after its first five years, regardless of model or make. Likewise, shopping used helps smart car buyers to leverage depreciation in their favor. Buying a model that is only a few years old means paying a fraction of the original MSRP for a reliable brand-name model. On the whole, buying budget-friendly pre-owned vehicle can mean saving money on the initial purchase while maintaining better value over time.
We stand behind the quality of our selection of pre-owned cars. Our entire inventory of used trucks, cars, and SUVs undergo thorough inspection and repair before being able to be counted for resale. This includes safety above all. Safety is primarily based on the model, make, and year you are purchasing, and not a matter of being pre-owned or not. A Consumer Reports study suggests that reliability and features do not see a significant reduction until after a vehicle’s sixth year. Of course, with all vehicles, mileage is often a better indication of reliability than age.
For budget-concerned car buyers, reducing expenses often includes the price of auto insurance. As suggested by Nerd Wallet, a major factor of vehicle insurance premiums is the vehicle itself. What’s it worth? How much do parts cost? What’s the safety rating? This facet of car insurance is a guarantee against the value of replacing or repairing damage to your car or truck. Because of this, buying a dependable, affordable, and safe used car or truck can significantly lower monthly premiums. Overall rates, however, are often significantly influenced by your own driving profile, including credit score, driving history, and age.
Visit Lexus of Santa Fe online or in-person to view our selection of budget-friendly vehicles for sale under $10K in Santa Fe, NM.