Affordable & Perfect Ride Among Used Cars in Mexico

Mexico is one of the richest markets for car sales, and there are many examples of how it is possible to find very attractive options on cars that have not been sold and second-hand cars. These automobiles, which may not get the attention that other popular types receive, can provide a great deal of value at a much lower financial cost. This is why you can get them for less.  Read on to learn more about the unsold and used cars market in Mexico…

Why are Used Cars Cheaper?

Used cars are cheap because of the massive drop in value a new car loses as soon as it leaves the showroom. The depreciation chart shows that a used car can be bought for very little even if it’s only a few years old. Used car markets are more competitive with many options across many makes and models. Dealerships and private sellers of used cars price their inventory competitively, and that brings in more buyers and reduces prices further.

Besides the obvious price benefit on the purchase price, used cars also have lower insurance and registration fees. Maintenance costs vary depending on the age and condition of the car but are again cheaper than the higher servicing costs involved in keeping a new car running. All that adds up to used cars being very cheap for the buyer on a tight budget who wants value for money.

Mexico’s Used Car Market and Popular Choices:

Used cars in Mexico have a big and varied market where you can find many models to fit different needs and budgets. From family sedans to rugged SUVs and more. Here are some of the most popular models you can find in Mexico’s used car market:

Used Jeep Compass For Sale in Mexico

One of the most timely and versatile sports utility vehicles is the Jeep Compass. The latest model of a Jeep Compass in Mexico would cost around $35,000 USD or almost 700,000 MXN. But a second-hand Jeep Compass, especially those 2-3 years old, could be more affordable at $25,000 USD which is almost 500,000 MXN. That’s a savings of $10,000 USD or roughly 200,000 MXN—a steal for a car so reliable and good for the budget buyer.

Used Mazda for Sale in Mexico

Used Mazdas are in high demand in Mexico because of their reliability and performance. From the sporty Mazda3 to the spacious Mazda CX-5 there is something for every used car owner.

After the makeover to all new and not bad on the pocket, the Mazda CX-5 can be as low as $30,000 USD—almost 600,000 MXN. For the used market a 2-3 year old Mazda CX-5 would cost around $20,000 USD (approximately 400,000 MXN). That’s a savings of $10,000 USD (approximately 200,000 MXN) which is a very good cost-to-performance ratio. With buyers able to buy at discounted prices it’s possible to get the same Mazda driving experience. 

Used Honda For Sale in Mexico

For instance, Honda is all about reliability and efficiency. Used Hondas are very popular in Mexico; Civic, Accord, and CR-V are some of them. They last long and are not so expensive to maintain, so many budget-friendly buyers can buy them. You’ll find a used Honda to suit you without the price of a brand new one.

A brand new Honda CR-V would cost around $32,000 USD, about 640,000 MXN. A 2-3 year old used Honda CR-V would be sold for approximately $22,000 USD, about 440,000 MXN. That's $10,000 USD or 200,000 MXN savings for a buyer looking for a reliable car at a low price. Plus, most used Hondas come with the latest features, so driving is comfortable and fun.

Used Ford For Sale in Mexico

Ford cars are tough and fast. In Mexico, customers can find a lot of variety in the used Ford market, from compact Fiestas to big SUV Explorers. Used Fords have a price to quality ratio that’s why customers love them. If you buy a used Ford, you’ll get a reliable car and save money.

A brand new Ford Explorer would cost around $45,000 USD, about 900,000 MXN. A 2-3 year old used Ford Explorer would be sold for approximately $30,000 USD, about 600,000 MXN. Now, the $15,000 USD or 300,000 MXN difference between the two makes the used Ford Explorer so attractive to most people looking for a tough, reliable, and versatile SUV.

Used Genesis GV70 For Sale in Mexico

For a little splurging without breaking the bank, the Genesis GV70 is one of the options. These cars have premium features, sleek designs, and great performance. In a used Genesis GV70, you can model-year your way to big savings with hardly any compromise to that luxury drive.
The new Genesis GV70 will cost around $50,000 USD, about 1,000,000 MXN. A 2-3 year old used Genesis GV70 will be around $35,000 USD, about 700,000 MXN with savings of about $15,000 USD, or 300,000 MXN.

Conclusion

The used car market in Mexico is ever expanding and there’s demand for all types of vehicles whether you are looking for a good family car, a powerful sports car or an economical car with low mileage, there is an opportunity to get it at a very reasonable price. If a person is interested in a car with the off-road capabilities of a Jeep Compass or a SUV with powerful engines like Mazda, a car for a long drive like Honda or a heavy-duty vehicle like a Ford, the choices are endless. Furthermore, within the used car market, you are bound to find the specific car of your choice with all the features you desire at the most suitable price.