Why this avalanche of 3-year and 30,000 km opportunities?

As a consequence of the explosion of LLD and LOA, low-mileage used cars are flooding the market. An unprecedented opportunity.

The alignment of the planets is perfect: a very high supply, low demand, and prices tending to drop. By what miracle? Simply due to the spring of the many long-term rental contracts or lease-to-own options that customers now favor over outright purchases. For manufacturers, this means that the same car lives twice, thus becoming a double source of revenue. For the second customer, a large part of the depreciation has already occurred during the first 3-year cycle.

Here are, therefore, the reasons to greatly consider a used car that is 3 years old and has 30,000 km, the mileage often specified by LLD and LOA contracts.

1. An Unbeatable Quality-Price Ratio

Used cars from three-year LLD and LOA contracts offer exceptional value for money. As soon as a new vehicle leaves the dealership, its value begins to drop rapidly. After three years, a car can lose up to 50% of its initial value. By purchasing a used vehicle of that age, you benefit from a nearly new car at a much lower price. Moreover, with only 30,000 kilometers on the clock, these cars are still in excellent mechanical and aesthetic condition. The first users are encouraged to take great care of them, or they risk incurring penalties upon return. These penalties are then used to restore the cars before they are resold on the used market.

2. Thoroughly Maintained Vehicles

Cars from long-term rentals are generally well-maintained. LLD contracts often include strict clauses regarding regular maintenance and necessary repairs. Tenants are required to adhere to these conditions to avoid penalties at the end of the lease. You can therefore be assured that the car has followed a rigorous maintenance program, which is a guarantee of reliability and longevity. Moreover, these used cars even come with an extended warranty of 12 to 24 months. Again, peace of mind is ensured.

3. A Transparent History

Purchasing a used car can sometimes be a source of uncertainty, especially regarding the vehicle’s history. However, with cars from LLD, you have the advantage of a transparent history. Dealers keep detailed records of maintenance and any repairs performed. This transparency allows you to know precisely the condition of the car and to purchase with confidence.

4. A Diverse and Recently Updated Selection

Long-term rental fleets are constantly updated to offer recent vehicles to their clients. This means you have access to a wide range of recent models equipped with the latest technologies and safety features. Whether you are looking for a comfortable sedan, a spacious SUV, or an economical city car, you will find a broad selection of three-year-old cars to choose from.

5. Flexible Financing Options

Dealers and companies specializing in selling used cars from LLD often offer attractive financing options. Whether you opt for a classic auto loan or a lease with the option to buy (LOA), you can benefit from favorable terms tailored to your budget. Additionally, some companies offer extended warranties to provide you with extra peace of mind.

7. A Safer Investment

Buying a new car involves significant depreciation in the first few years. In contrast, by choosing a used vehicle that is three years old, you avoid this major initial depreciation. If you decide to resell your car after a few years, the loss of value will be much less significant, making it a safer and more profitable investment in the long run.

Conclusion

Purchasing a three-year-old used car with around 30,000 kilometers, stemming from expired long-term leases, represents an ideal opportunity to combine savings, quality, and reliability. With rigorous maintenance, a transparent history, flexible financing options, and a varied selection of recent models, this alternative ticks all the boxes to satisfy discerning consumers. Not to mention the ecological aspect and the security of the investment, this option undoubtedly deserves consideration by any future car buyer.

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