The price difference between new and used vehicles has increased drastically within the past few years driving more buyers to look into opting for used low-mileage vehicles.
Auto makers have been adding in expensive high-tech features into their vehicles accounting for higher prices. The average price for a new vehicle stands at $36,848 as of December 2017, an all-time high.
On the other hand, a large number of leased vehicles are ending up on the used car market making it easier for prospective buyers to find well-maintained vehicles that are just a few years old. Many dealerships are also offering popular crossover and SUV’s for sale in their used inventory.
As a result, auto makers are offering discounts in order to maintain market share. Auto finance companies are also staying competitive by offering 0% financing deals and longer finance terms.
View our stock of used cars for sale in Meriden, CT below.