The Reliability of a Used Ford for Long-Term Value

 

It is well known that brand-new cars are poor investments from a financial standpoint. In contrast, purchasing a used Ford offers reduced upfront costs, lower insurance premiums, and stronger resale potential.  

Discover Why a Pre-Owned Ford Offers Lasting Performance and Peace of Mind

Slow Depreciation

A brand-new vehicle loses 11% of its value the moment you leave the dealership and continues to depreciate with every passing year. If you take out a five-year auto loan, your car will only be worth about 37% of its original MSRP by the time you finish paying it off.

Purchasing a pre-owned Ford, on the other hand, gives you a strong resale value because depreciation slows down dramatically after the first five years. In other words, the previous owners have already absorbed the steepest decline in the vehicle’s value.

Lower Monthly Payment

A pre-owned Ford is cheaper than a brand-new vehicle because most of the depreciation has already taken place. This means that you can opt for a range-topping model without breaking the bank. In addition to lower monthly loan payments, you will also be spending a lot less on insurance since used vehicles are cheaper to replace.

Excellent Build Quality

Ford makes durable vehicles that last generations, as anyone who’s owned an F-150 pickup truck will confirm. All Ford vehicles have undergone rigorous testing in a vast range of temperatures and environments. Additionally, if you have your eyes on a more recent model, it may still be covered by Ford’s transferable three-year/36,000-mile bumper-to-bumper warranty and five-year/60,000-mile powertrain warranty.

Low Maintenance Costs

Strong build quality translates to less money spent on repairs. According to Consumer Reports, Ford vehicles rank seventh among all brands for the lowest maintenance and repair costs. The same report indicates that total maintenance expenses are about $1,100 during the first five years of owning a Ford and about $4,200 between years six and ten.

Competitive Features

The lineup of Ford vehicles includes powerful pickup trucks, luxury SUVs, and high-performance pony cars. If you are looking for speed, choosing a used Mustang puts you in command of a thunderous V8 and a sporty manual transmission. For heavy-duty work, you can choose from a range of Ford F-Series pickup trucks, with some models such as the 2020 Super Duty offering an impressive 37,000-lb towing capacity.

If you are looking for your dream car in the pre-owned vehicle market, visit us at Infantino Motors in Miami, FL. We offer a wide selection of pre-owned Fords and other models, all of which are in pristine condition.

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