Thinking about buying a car?
Wondering what the advantages of buying a used car are?
While you may be tempted to go out and buy a brand new shiny vehicle when it's time to get a new ride, it's best to weigh your options carefully first. Getting a used car comes with a lot of advantages over buying a brand new one, and for some people, it's the best choice overall.
If you're wondering whether you should buy a used vehicle, look no further. Below we'll tell you about the top advantages of buying a used car instead of a brand new one.
1. Lower Prices
One of the best reasons to get a used car instead of a new one is that it is much more affordable. Even buying a car with less than 10,000 miles on it will be much cheaper than buying a brand new vehicle.
Additionally, because it will be much cheaper you may be able to get more for the money you spend as well. You may be able to take a more luxurious and fully featured used car home with the same amount of money you would be spending on an entry-level new vehicle.
By opting for a used or certified pre-owned car instead, you may be able to get a little more bang for your buck.
2. New Cars Lose Value
In addition to new cars being more expensive, they may also be a poor choice because their value goes down quickly, even as soon as you drive the car off the lot. Within just 3 years, a new car's value may depreciate by as much as 50%.
A used car's value, on the other hand, won't change nearly as fast. The car is already used, and so the value won't go down as much as a new car's value would. Because of this, you'll be able to easily sell a used car in a few years if you decide you want to make another change or upgrade, without losing nearly as much money on your purchase.
3. More Style Options
A limited amount of vehicles roll out each year, and if you don't like their features then you're out of luck if you're buying a brand new car. Buying a used car will give you access to many more types of vehicles from the past few years, making it more likely you'll be able to find a car that is perfect for your needs.
You'll have to do your due diligence to make sure a used car is still roadworthy, but if you find one that is reliable, you'll have a lot more options available. When buying new cars, on the other hand, you may have a harder time finding what you're looking for.
4. Registration Fees Are Cheaper
In addition to saving on the purchase price of a used car, you'll also be happy to learn that registration fees can be quite a bit cheaper as well. While states differ how they handle registration fees, many states will base the registration charge on how old or new your car is.
Used cars are able to bypass some of the higher fees that new cars get and as a result, you'll be able to save even money when buying a used car. In addition to the upfront savings of buying a used car, you'll also be able to save on registration fees as well.
5. Insurance Costs Are Lower
There are many factors that can influence the cost of car insurance, and one of these is the car's age. In addition to registration fees being cheaper, insurance costs will also be lower when you buy a used car instead of a new one.
When it comes to insurance rates, owning a brand new car is just about as bad as it gets. Your insurance company will have to help pay if there is any damage to your car, so if you own a brand new vehicle, they'll predict that the value is much higher than a used one.
As a result, getting a used car can save you quite a bit when it comes to insurance costs, which can definitely add up over time.
6. Certified Pre-Owned is an Option
Many people who buy a new car because they believe any used car will be unreliable and will quickly break down after weeks or months. Luckily, that's not the case and there are many reliable used cars out there to be found.
Cars that are certified pre-owned are particularly attractive options for car buyers. These vehicles are often in great shape and also come with extended warranties, great financing options, and other advantages.
You may want to consider buying a certified pre-owned vehicle if you want to experience the best of both worlds since these vehicles come with a lot of the advantages that both used and new cars have to offer.
7. More Resources Are Available
Whether you buy a new car or a used car, problems will come up from time to time. The great thing about buying a used car is that chances are there will be a lot more information available about common issues and concerns.
If you experience any vehicle problems or issues, chances are that people with the same vehicle as you will be discussing it online. A Nissan car, for example, will be easy to find information on if you have a problem or a question about your vehicle.
These extra resources can be a great help as a vehicle owner, but some of these resources may not be available for the newest car models.
8. You'll Have the Car's Full History
Another great thing about buying a used car is that you'll be able to easily find out about its history. You'll easily be able to get a report on a vehicle and will be able to see exactly what it has been through in the past.
While a brand new car won't have any history to speak of, if you're on the fence about buying a used car, it can be comforting to know that you'll have access to extended information about it. When you consider how much information you'll get on a used vehicle, buying a used car becomes a more attractive option than you may have initially thought.
9. Used Cars Last
Despite what some may believe, used cars last much longer than they used to. If you expect that a used car will break down on you months after buying you couldn't be more mistaken. Especially if you buy a used car that is only a few years old, you may not notice much difference in its life compared to a brand new car.
Used cars from the past few years can be surprisingly reliable. However, if you consider the substantial price difference along with its similar reliability, you'll see why a used car can be such a great option.
Understanding the Advantages of Buying a Used Car
While there are more advantages of buying a used car besides the ones mentioned above, these are some of the top things you need to consider when making a purchase. After considering the benefits above you may be starting to realize the many benefits of buying a used car instead of a brand new one.
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