A new Can-Am comes with warranty, current tech, and sometimes factory financing that changes the math. A used one saves thousands — if the numbers work. Here's a decision framework from a dealer that sells both.
D&P Performance
2 weeks ago
You've decided you want a Can-Am. The question now isn't which brand — it's whether to buy new or save money on a used one. And the honest answer isn't as simple as "used is always cheaper." Sometimes it is. Sometimes factory financing on a new machine makes the total cost of ownership surprisingly close to — or even better than — a used one at standard rates.
At D&P Performance in Cedar City, we sell both new and pre-owned Can-Am UTVs. We don't push one over the other because we make money either way. What we care about is that you make a decision that makes sense for your budget, your riding, and your tolerance for risk. We covered the general new vs. used UTV question in an earlier post. This one gets specific to Can-Am — depreciation curves, financing math, warranty considerations, and the real-world scenarios where each option wins.
The single biggest financial argument for buying used is depreciation. A new vehicle loses its steepest chunk of value the moment it becomes "pre-owned," and UTVs are no exception. But how much depreciation actually occurs — and how fast — varies significantly by model.
Not all Can-Am UTVs depreciate at the same rate. The sport models tend to hold value better than utility models because demand stays high in the resale market. Here's what we see in real-world trade-in and resale values in the Utah market:
What does this mean in dollars? On a $28,000 Maverick X3, first-year depreciation of 15–20% represents $4,200 to $5,600. On a $22,000 Defender, 18–25% represents $3,960 to $5,500. Those are real numbers — but they're not the whole story.
Here's where the new vs. used math gets interesting — and where a lot of buyers don't run the numbers far enough.
BRP periodically runs promotional financing rates through authorized dealers like D&P Performance. [Confirm with Patrick/Laci: What are the current BRP retail financing programs and promotional rates? Are there specific model-year programs, seasonal promotions, or qualified buyer rates currently active?] When these programs are available, qualified buyers can access rates significantly below standard powersports lending rates.
Consider this scenario — the specific numbers will vary with current programs, but the pattern holds:
A new Can-Am at $28,000 with a promotional rate versus a two-year-old used version of the same model at $22,000 with a standard powersports loan rate. The used machine costs $6,000 less at purchase. But over a 60-month loan:
In some promotional windows, the monthly payment on a new Can-Am at a promotional rate is within a small amount of the monthly payment on the same model used at a standard rate. When the numbers land that close, the new machine — with warranty, zero wear, and current technology — is the better financial decision.
The key takeaway: Don't compare sticker prices alone. Compare total cost of ownership: purchase price plus total interest plus expected maintenance and repair costs over the period you plan to own the machine. That comparison sometimes favors new when promotional financing is active.
Used isn't always the underdog. There are scenarios where a pre-owned Can-Am is unambiguously the smarter purchase:
The ideal used buy is a two- to three-year-old machine with under 3,000 miles, complete service records (preferably from an authorized dealer), no structural damage, and a seller who maintained it on schedule. These units exist — not every rider puts hard miles on their machine. Some buy a UTV, ride it a dozen weekends, and decide to sell for lifestyle reasons, financial changes, or brand switches.
When you find this machine, the math works strongly in favor of used. The steepest depreciation has already happened, the mechanical components are still well within their service life, and you're buying essentially a broken-in machine at a meaningful discount.
If you have the mechanical knowledge to evaluate a used UTV thoroughly — or you're buying from a dealer like D&P Performance where factory-trained technicians inspect every pre-owned machine before it goes on the lot — the risk of a used purchase drops significantly. The danger with used isn't that used machines are inherently bad. It's that uninformed buyers can't tell the difference between a well-maintained machine and one that's been neglected. If you can tell the difference, used becomes a confident purchase.
Sometimes the budget is the budget. If your ceiling is $18,000 and the new model you want is $26,000, the new vs. used debate is academic. A quality used Can-Am at $18,000 from a dealer who inspected it is a solid purchase — it gets you on the trail, it's a known machine, and it fits your financial reality.
This is the factor most buyers underestimate. The interest rate you pay has an enormous impact on total cost — and new and used machines typically carry very different rates.
Over 60 months, the difference between a promotional rate and a standard used rate can amount to thousands of dollars in interest — money that doesn't go toward the machine, the riding, or anything you can enjoy. Run the total-interest calculation before you assume used is cheaper.
[Verify with BRP/Patrick: Confirm the current Can-Am warranty transfer policy for 2025-2027 model years. Is the factory warranty transferable to a second owner? Are there conditions, fees, or limitations on transfer? Does the BVLOS or extended warranty transfer?]
Warranty transferability is a significant factor in the new vs. used equation. If the factory warranty transfers to a subsequent owner within the original coverage period, a used machine still under warranty carries meaningfully less risk than one where the warranty has expired or doesn't transfer. If the warranty does not transfer, the used buyer is taking on the full risk of any mechanical failure — which changes the financial calculus, especially on machines with turbo engines, advanced electronics, and other high-cost components.
When you're shopping used, ask the dealer or seller specifically about warranty status and transferability. Don't assume — confirm.
One thing that doesn't change whether you buy new or used from D&P Performance: the price we show is the price you pay. DSRP pricing means one all-in number with no added dealer fees, no documentation fees, no surprise charges at signing. The number on the machine is the number on the deal.
That matters more than you might think when comparing new vs. used. Some dealers advertise a low sticker price and add fees during the paperwork process — destination charges, prep fees, documentation fees — that inflate the actual out-the-door cost by hundreds or thousands of dollars. At D&P, the comparison is straightforward: the price you see on the new machine and the price you see on the used machine are both real, complete numbers.
After nearly five decades of helping buyers through this decision, here's when each option consistently makes sense:
Buy new when:
Buy used when:
The short version: Don't make this decision based on sticker price alone. Compare total cost of ownership — purchase price, total interest, warranty coverage, and expected maintenance. And if you're not sure, bring both sets of numbers into D&P Performance and we'll walk through them with you. We sell both and we'll tell you which one makes more sense for your situation.
Browse new Can-Am inventory and browse pre-owned inventory at D&P Performance. Every machine — new or used — is inspected by factory-trained technicians and priced with one all-in number.
We accept trades from any manufacturer. Riding a Polaris, Honda, Yamaha, or anything else? Bring it in and we'll work the value into your deal.
Call (435) 586-5172 or contact us online to talk pricing, financing, or to schedule a look at anything in stock. We're at 110 E Center St in Cedar City.
First-year depreciation on a Can-Am UTV typically ranges from 15% to 25% depending on the model. Sport models like the Maverick X3 tend to hold value better — often depreciating 15 to 20% — due to strong demand. Utility models like the Defender and Commander typically see 18 to 25% depreciation. In Utah, high UTV demand tends to slow depreciation compared to national averages. Actual numbers depend on condition, mileage, and local market conditions.
It depends on current promotional rates. BRP periodically offers promotional financing through authorized dealers at rates well below standard used-vehicle rates. When a promotion is active, the total interest paid on a new machine over the loan term can be less than the interest on a used machine at standard rates — even though the used purchase price is lower. Always compare total cost of ownership (purchase price plus total interest), not just sticker price. D&P Performance can walk you through both scenarios with current numbers.
BRP warranty transfer policies should be confirmed directly with an authorized dealer, as terms vary by model year and region. Some manufacturer warranties transfer within the original coverage period, while others are limited to the original purchaser. Contact D&P Performance at (435) 586-5172 to verify current warranty transfer policies for any specific model you're considering.
The X3 holds value well, so the used discount may not be as large as you expect — a two-year-old unit with low miles often sells for only 15 to 20% less than new. When BRP promotional financing is active, the total cost gap between new (with warranty, zero miles, low rate) and used (no warranty, higher rate) can narrow significantly. Used makes sense for well-maintained, fairly priced units when you're comfortable without factory warranty. New makes sense when promotional financing is active and the monthly payment difference is small.
Yes. D&P Performance is a factory-authorized Can-Am dealer carrying both new and pre-owned Can-Am UTVs including Maverick X3, Maverick R, Commander, and Defender models. Every pre-owned machine is inspected by factory-trained technicians. D&P accepts trade-ins from any manufacturer and uses DSRP pricing — one all-in price with no added dealer fees. Call (435) 586-5172 or visit at 110 E Center St, Cedar City, UT 84720.
Visit D&P Performance in Cedar City to see our full inventory of Can-Am, Ski-Doo, and Lynx vehicles.
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