Buying a used car instead of a new one is one of the best financial decisions you can make. And with Subaru being one of the most dependable automakers out there, with 97 percent of Subaru Outback vehicles sold in the last 10 years still being on the road today, buying a used Subaru is practically a no-brainer.
A new car is a depreciable asset, which makes buying a used Subaru a good financial decision.
New Vehicles and Depreciation
If you’re looking for an asset to invest in, something that will increase in value over time and provide you with an eventual positive return, there is no vehicle out there – outside of rare, classic collector cars – that will fall into this category.
Unlike houses, automobiles are depreciating assets. As they age, they loses value rapidly. Because a vehicle is often necessary for transportation to work and other things, the question then becomes, which vehicles will depreciate the least? The answer is used cars.
While all automobiles undergo the process of depreciation, the majority of depreciation occurs in the first few years of ownership. Thus, by purchasing a car that is a few years old, you can get something with certain new-generation features at a fraction of the price of the new model.
And because Subaru cars like the Subaru Outback are so reliable and long-lasting, you can be sure that they’ll be solid performers for years to come.
Maryland Used Subaru Dealership
Here at Herb Gordon Subaru, we have a wide selection of used Subaru sedans, wagons, and SUVs. For the highest quality selection, check out our Certified Pre-Owned inventory, or contact our friendly dealers to learn more about our inventory or schedule a test drive.
