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Advantages of buying a used car
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Deciding to buy a new or used car isn't always so easy because both solution have advantages and disadvantages.
Most of those who need a new car want to buy it new because of mainly two reasons:
- They want the latest model because it's cool, they like it and they don't care if it's a bit overpriced
- The need it new because they drive a lot and buying a car that already has some mileage wouldn't simply be a good idea.
Buying a new car you get the latest in technology and design, and you have to admit that driving a new ride feels great!
If you're planning to buy a used car then you're probably trying to save.
New cars lose value as soon as you drive them off the lot, and not a few dollars.
Your new car value is immediately $500-$2500 less.
Depreciation is the price to pay if you want to get a shiny new car that nobody else has ever driven before.
You can get a car with a couple of years saving a huge amount of money, and still getting a good car that will last you a lot, and won't lose that initial value.
Some years ago buying a used car was kind of risky: you didn't know if miles were real, what was the car condition etc.
Today there's much more control over these aspects and you can get an extended warranty if you want to be protected against expensive repairs.
Buying a used car that is in good shape you enjoy all the positive aspects of buying a new car, you spend less or can afford a better car for the same price you'd pay a new one.
Moreover you can negotiate the price more than what you'd do on a new vehicle.
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