There are a lot of new compact cars on the market, many of which offer particular features or amenities. Compact cars and coupes are still commonly thought of as low budget or entry level new cars, intended for people who would have trouble purchasing or financing a larger or nicer vehicle. Such cars are often referred to as econoboxes, which, in a lot of cases, isn’t an entirely inappropriate descriptor. There are a lot of cheap entry level compact and subcompact cars on the market, both new and used, and they definitely have found their place. Used coupes and used compact cars often compete for attention with new models, since there is such a low profit margin on price. Since this class of vehicle is perceived as entry level, manufacturers often offer very competitive deals on compact cars, hoping to convert young buyers and win loyal repeat customers.
That begs the question, if new or recently refreshed models of compact cars and coupes are so low priced, what is the benefit of buying a preowned coupe if a new one is just as affordable? Well, used coupes and used compact cars cover a range; they’re not all as inexpensive as some potential buyers might think. Residents of high density urban areas, in particular, are known for buying premium quality compact cars. They like the size because they’re easier to park, but still want the experience of owning and driving something nice and comfortable, with a lot of features. Shopping for used coupes and used compact cars makes this option available to people who might not otherwise be able to afford a premium new car. And since the small car category is increasing in popularity, many current owners are trading up, which makes it a good time to shop for used coupes and used compact cars.