Negosentro.com | 7 Advantages Of Buying A Used Car | There are many good reasons to purchase a used car. You will spend less money, have good transportation and the same satisfaction as with a new car. The seven best reasons for purchasing used are detailed below.
1) Saving Money on Depreciation
The moment you drive a new car off of the lot, the value depreciates. This is one of the best benefits of buying used. To purchase a decent new car, you need to spend around double the cost of a good used car. If you choose a car that is one to two years old, depreciation happens at a much slower rate. The hit you take when driving off the lot is eliminated.
2) The Additional Features of New Cars
The cost of optional dealer features for a new car is expensive. This includes everything from protective film to pinstripes. When you purchase a used car, you do not have to pay extra for these features. The previous owner has already paid the hefty charges. If there is a specific feature you want such as a sunroof, you can simply look for a car that already has one at a much lower cost. You may even purchase a vehicle with extra features you never knew you wanted. Either way, you are getting more features for a lot less money.
3) Cheaper Insurance and Lower Financing Charges
Your insurance rates are mainly calculated according to the value of your car. This is because if you have a serious accident in a new car, your insurance company will have to pay out a lot more money. You are not going to notice much difference in a brand new luxury car compared to the same one-year-old model, but your insurance rate will be higher. You will also notice a difference in your financing charges such as at AUS Car Finance AutoCarLoans. You will save money on both insurance and financing by purchasing a used car.
4) The Condition
The modern car was designed to last for a minimum of 100,000 miles. This means when you purchase a used car, you are not sacrificing the condition of the vehicle or the reliability. You can find a used car in good mechanical condition with no dents or scratches to detract from the appearance. Many of the used cars are in like-new condition. Most car manufacturers offer extended warranties for the long-term or certification programs. This shows you the car has met the necessary requirements for certification. You can often enjoy the manufacturer’s warranty despite the car being used.
5) The Dealer Fees
You may not always understand the specifics of the dealer fees when you purchase a new car, but you will be paying for them in your price. This often includes fees for dealer preparation, destination fees and shipping charges. These fees are expensive. The worst part is you do not receive anything extra for the additional expense. When you purchase a used car, you do not have to worry about the extra cost of all of the dealer fees.
6) The Variety
There are approximately 350 new models offered in the market every year. If you are impressed by this number, consider the tremendous selection of used cars always available. There may be a specific make or model you always dreamed of driving. If you were unable to afford the price tag, you may be able to afford the same car once it is a few years old. The used car market has something for everyone’s tastes.
7) The Vehicle History
In addition to cars lasting for a much longer period of time, you should also consider the vehicle history. When you purchase a new car, you have no way of knowing if there is going to be a recall. With a vehicle history report, you have current data. This means you will know if the car had more than one owner, if there was ever an accident and what repairs have been made. All of this information is in the vehicle history report. This is an excellent way of determining which used car is worthy of the price. If you are not satisfied with a particular report, you can simply look at a different used car.
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