Should I Buy a 2020 Used Ford Car?
Should I Buy a 2020 Used Ford Car?
Posted on September 4, 2021
Many people gravitate toward the latest, greatest, and newest model when shopping for a vehicle. However, not considering used or pre-owned cars, even if it is just a 2020 model, is a mistake that could result in buyers paying much more than necessary.
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Used and Pre-Owned 2020 Cars
The most overlooked vehicle model is the last model year. At the moment, that would be used or pre-owned 2020 cars. Some of them might even be dealer vehicles with really low kilometres on them.
Buyers might not think to look for a 2020 model when the 2021 models are shiny and new on the lot. However, for many Ford models, there were no significant changes to features or capability between the model years.
For example, take the Ford Edge two-row SUV. It is a great family vehicle and prioritizes the comfort of five passengers over providing a cramped third row. The only new features standard across the lineup were new wheel designs, new acoustic-laminated glass on the front side windows, and rear parking sensors. Every other design element and feature remained the same, though there were additional optional features that drivers could pay to upgrade.
Whether looking at or driving the vehicle, the majority of drivers will never know the difference between the 2020 and 2021 model year. This is why 2020 models still matter, and why they offer great value to buyers.
Significant Savings
Buying a used vehicle is a better financial choice for drivers. While the average new-car transaction price surpasses $35,000, the average used vehicle price comes in over $10,000 less. Vehicles lose 10-20% of their value immediately after being sold, which is money down the drain when it comes to buying new. Buying a used 2020 car, with just a few thousand kilometres on the odometer, will result in significant savings. And since it is still so new, drivers can probably even still enjoy that new car smell.
Certified Pre-Owned 2020 Cars
A certified pre-owned program takes away a lot of reservations that buyers might have about buying a used vehicle versus a new one. Ford Certified Pre-Owned vehicles have undergone a 172-point inspection to ensure that they are in great, like-new shape for buyers. If routine maintenance needs to be done or a repair needs to be made, it is done with OEM parts.
In addition, Ford's program offers a comprehensive limited warranty, 24/7 roadside assistance, and more. A car that has undergone a thorough inspection, offers an extended warranty period, and costs thousands less than new? Certified pre-owned is a blessing for car buyers.
Should Drivers Buy a Used 2020 Ford Car?
Yes, drivers should buy a used 2020 Ford car. Unless the model underwent a significant redesign, there are no perceptible changes between driving a 2021 or 2020 model. The powertrains and standard features remain mostly the same with only minor tweaks here and there. Drivers should not be concerned about missing out on the latest and greatest offerings by not buying new--instead, buy a used 2020 Ford car and enjoy the savings all the way to the bank!