People all around the world love to own their favorite car, but many times, this dream becomes unassailable due to the mammoth investment which should be made to buy a new vehicle. To avoid this problem, it is always recommended to buy a used car, as it allows you to purchase a good car in a reasonable rate. There are umpteen numbers of benefits of choosing a best used car over a new one, and some of the most noted ones are mentioned below.
Advantages of buying used cars
- Affordable price range: This is the first and foremost benefit which attracts more and more people towards buying used cars. For example, to buy a new car which falls in Sedan class, you will be compelled to pay at least 07-08 lakh INR. But if you are looking for a used one, you will surely get 20-30 percentage discounts on vehicles which are less than two years old.
- Better depreciation benefits: New cars are known for losing their values immediately. In many cases, new cars usually lose more than 40 percentage of its value during the first year. But when it comes to second hand used cars, things will be different, as the depreciation rate will be very low. If you are purchasing a car which is four years old, you can sell it in the fifth year with a depreciation value of less than 4%.
- Choose from a wide range: This is another noted advantage of buying a used car. Sometimes, you will be wishing to buy a car which is not available in market now. If you are opting to buy a second hand car, then it is not a difficult deal to purchase 1979 Mustang Turbo or 2015 Volkswagen Vento.
- Save some bucks: While buying a new car, you will be compelled to pay various charges which include tax and DMV fees. There will be umpteen numbers of other fees, and sometimes, it will cost up to hundreds of dollars. In the case of used cars, things are different, and you can easily escape from unwanted expenses.
Even though, buying a best used car provides unending numbers of advantages when compared to a new one, you should be very careful while purchasing one. You should always make sure that the car which you are purchasing is of good condition, and it should have the necessary fuel efficiency. It is also recommended to check the year of manufacture before saying yes to a particular seller.