4 Benefits of Buying a Used Car

6th December, 2018 in Car Topics

When many think of buying a car, they think of getting a brand new car in mint condition and being the first to own it.

Oftentimes, when advertising for cars is done, there is an emphasis on the car being ‘brand new’. As such, most view the idea of buying a new car as superior and avoid getting used cars.

However, there are a number of benefits to buying a car that is fairly used over a brand new one, some of which you might not have even considered.

Here are some reasons you should consider buying a used car:

1) Saving Cost

This is perhaps the most obvious reason for wanting a used car.

Used cars cost significantly less than new ones and this only gets better the older the model.

A brand new Smart Forfour Hatchback will cost much more than a Second Hand Smart Forfour Hatchback at a dealer like Sandown Group, for example.

You can take advantage of this and get a car model you otherwise might not have been able to afford by buying a new one.

This applies to the year of production as well. A 2007 used model of a car will cost much less than a 2017 used model of the same car brand.

2) Customisation Options

It is often said that car owners use less than half of all the various non-essential features that come with the car.

This means that a part of the cost of a car is paid for features that will never be used.

You can ensure that you get your money’s worth by buying a used older car.

Cars before a certain year do not have many add-ons and this allows you to customise it by adding the features you want.

This is very cost effective as you only need to pay for the features that you want and will actually use.

3) Depreciation

Once a brand new car is taken out of the car dealership, it is automatically classified as a used car and as such, its resale value begins to depreciate.

However, when you buy a used car, particularly an older model, most of the depreciation on price has already taken place.

Therefore, should you desire to sell it, you will get an amount much closer to what you paid for it than you would have if you sold a car that was purchased brand new.

4) Short Time Usage

If you intend to use a newly purchased car for only a short amount of time, it is in your best interest to buy a used one.

If you were to purchase a brand new car and change it quickly, you would end up spending much more money for short-lasting usage.

However, if you purchase a used car, you can gain a lot more value for your money and not have to make an expensive purchase every time you change your car.

Conclusion

While many people dream of buying a brand new car, there are benefits of opting for a used one. Consider the above points when buying a used car.

Written by Paul-Hadley Visit the author's website