Why Buy A Used Car?
Saturday, November 1st, 2008If you’ve decided to buy a used car, you’ve already made a smart decision. You can get a car that’s as good as a brand-new car, without suffering the depreciation that wallops new car buyers. Used cars — even only one year old — are 20 to 30 percent cheaper than new cars.
But there are other good reasons to buy a used car:
- Buying a used car means you can move up in class
- You’ll save money on insurance
- The glut of cars coming off lease makes creampuffs easy pickings
- Unlike with new cars, which are priced to the penny, bigger bargains are possible for the smart used-car shopper
Furthermore, the classic reasons to avoid used cars — lack of reliability and the expense of repairs — are less of an issue. Consider these related thoughts:
- Used cars are more reliable today than ever before
- Many used cars are still under the factory warranty
- Most new car manufacturers now sell certified used cars, which include warranties
- The history of a used car can easily be traced using the VIN number
- Financing used cars has never been easier — leasing is even available through some banks
- The money saved by buying a used car can be invested or saved to use on items which appreciate — like real estate — instead of cars, which depreciate
- If you buy from a private party, the negotiation process is less stressful
True, you can’t be the first one on the block with the trendiest vehicle. And there is the lack of new car smell. But your consolation will be the knowledge that you got a great deal and made a solid decision. So read on, as we guide you along the road to used-car happiness.
