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Lexus of Albuquerque invites you to explore our inventory of affordable used cars for sale in Albuquerque 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 Albuquerque 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.
Budget-friendly pre-owned cars and trucks can be a great choice for many car shoppers desiring to stay within their given budget, acquire a practical set of wheels for a rookie driver, fulfill a temporary need, simply bypass car finance altogether, or any amount of personal reasons. While buying a new car is generally a bucket list goal for a number of people, there are several attractions for shopping used. The most oft-cited among these rationales are that used cars experience less depreciation over time, are reliable and dependable vehicles, and generally cost less to insure than a less dated model.
An inescapable fact of car and truck ownership is depreciation. As suggested by Kelley Blue Book, the typical car may lose approximately 60% of its value after the first 5 years, regardless of model or make. Likewise, buying pre-owned helps smart car shoppers to use depreciation in their own favor. Acquiring a model which is only several years old means getting a dependable model for a fraction of the original price. On the whole, shopping for a cost-effective pre-owned vehicle can mean saving money on the initial purchase and maintaining better value over time.
We stand behind the quality of our selection of used cars. Our entire inventory of used cars, trucks, SUVs, and vans undergo thorough inspection and repair before being certified for resale. Above all else, this includes safety. Safety is primarily based on the model, make, and year you are purchasing, and generally not a matter of being pre-owned or not. A Consumer Reports study suggests that features and reliability do not see any significant reduction until after a vehicle’s 6th year. Certainly, as with all vehicles, mileage is often a better indicator of reliability than age.
For budget-conscious car buyers, reducing their expenses can often include the cost of car insurance. As suggested by Nerd Wallet, a significant factor of vehicle insurance premiums is actually the vehicle itself. What’s it worth? How much do replacement parts cost? What’s its safety rating? This facet of automobile insurance is the guarantee against the value of replacing or repairing damage to your car. Due to this, buying a safe, affordable, and dependable pre-owned car can significantly lower monthly premiums. Final rates, however, are often significantly influenced by your own driving profile, including credit score, age, and driving history.
Visit Lexus of Albuquerque online or in-person to view our selection of budget-friendly vehicles for sale under $10K in Albuquerque, NM.