One of the biggest decisions that drivers face here at Jaguar Peabody is whether to buy new or pre-owned. The good news is that no matter which one you choose, you will be driving off our lot in a luxurious, comfortable, and head-turning Jaguar car. Not everybody can afford to pay for a new Jaguar car, but in addition to being more budget-friendly, there are additional reasons to purchase a pre-owned Jaguar car.
Lower Insurance Costs
Most everybody knows that pre-owned cars are more affordable than new ones, but there are many different reasons why this is the case. First is the fact that insurance costs are lower when you purchase pre-owned. Insurance varies based on a variety of different factors, including the value of the car. Because most pre-owned cars have less value than new cars, the monthly cost of insurance will also be lower.
The term depreciation refers to the gradual loss in value of an asset such as a vehicle. When you first drive a new Jaguar car off the lot of our Peabody Jaguar dealership, it can lose up to 20 percent of its value. In fact, the most extreme vehicle depreciation occurs during the first few years of ownership, so purchasing a pre-owned Jaguar that is just a few years is a great idea financially.
Certified Pre-Owned Options
A great way to purchase a high-quality, low-mileage pre-owned Jaguar car is to purchase something from our Jaguar Certified Pre-Owned program. These vehicles have the following advantages:
- 165-point inspection
- 24-hour roadside assistance
- One-year/unlimited mileage warranty
- Vehicle History Report
Discover our inventory of pre-owned Jaguar cars right here at Jaguar Peabody. Visit us today to take a luxury car for a test drive!
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