When shopping for a vehicle, it is tempting to look at the newer models, but there are many reasons why it is smarter to buy used cars. From saving money to avoiding early-onset mechanical problems, here are five reasons a new vehicle purchase pays off.
1) save money
The most obvious reason to buy used is simply to save money. Most auto dealers estimate that a newly purchased vehicle will lose about 19 percent of its value after just one year. On top of that, insurance tends to cost less for a used vehicle, as do the fees associated with ownership, such as lower sales tax and, in some cases, lower registration fees.
2) Have more information
Historic cars have more information available about their ownership and use. These days, it’s easy to track an exact car and find out who was driving it, how often, and if it was involved in any accidents. With used cars, it is easier to know what the user experience will be like. That’s not the case with new models that have yet to hit the road. Reviews and ratings make it easy to make sure your new trip will be the best fit for you.
3) Get something more exclusive
Your budget will stretch a bit more with used cars. A new car that costs $ 20,000 will come with pretty standard features, while a used car that costs the same amount will likely have more upscale details like an upgraded stereo system or leather upholstery. Buying second hand means that your dollar goes the extra mile, making it possible to get a “better” vehicle for your money.
4) Better for the Earth
For those who think sustainable, a used car may make more sense than a new one. Buying used avoids the emissions that come from producing a new car, and if the vehicle has good gas mileage, that’s a bonus! Although buying a used one because it may not lead to a significant reduction in toxic emissions, it will feel good knowing that you are making a small change.
5) More selection
Used cars come in all makes and models, some even with unique details. If you search hard enough, you might come across some cool vintage features, like a Mustang with red leather interiors. Searching is even easier with the rise of online auction sites.
Keep these factors in mind when deciding between new or used cars, and you’re sure to get the best vehicle for your lifestyle.
