Buying a car is a dream come true. Everyone undoubtedly wants to own a quality car that will last for years and bring only joy.
But here’s the trouble. When it comes to buying, it is very difficult to decide whether to buy a new car or opt for a used car. Buying a used car is certainly a risk. But you can count on many advantages of this kind of transaction. What exactly is the advantage of buying a used car?
The low price is not the only advantage of buying a used car. We will tell you what you should look for when buying a used car, how to check its condition and calculate the possible costs.
Low price and range
These are the main advantages of buying a used car. If the car is a year or two old, it will cost 20-30% less than a new car. If finances do not allow you to buy a new model, you can choose a two- or three-year-old car on the used car market. In addition, there is a car marketplace today where the range is much wider than in car dealerships.
A higher class car
When comparing their income and the price of new cars, the average buyer realizes that they often have access to only basic equipment. Such a purchase may not be enjoyable. In fact, in addition to the effect of novelty, you also need modern multimedia systems, a rearview camera, climate control, and other additions that give a feeling of comfort from driving the car. It is quite possible to pick up a good used car with the necessary list of features for an acceptable price for the buyer. A three- or five-year-old used car costs the same as a new car in a lower class.
The right model is only available on the used market
The used car market allows you to buy a model that is either already discontinued or not represented in our country. Thus, some models may not be represented in the showrooms of official dealers. In this case it is possible to buy only the previous versions of the car from hand. Or another example. The number of available frame SUVs is reducing, the manufacturers simply stop producing them. The only way out is to find a suitable model on the used car market.
By the way, buying a car in the sales centers, you can use the pre-approved car loan.
Tested and operated
Various model defects, various breakdowns and failures of systems and equipment all happen to a car in the first three years of its life and are changed by the owner under warranty. When buying a used car, you are buying a car that has had time to show what is wrong with it, and it has already been fixed.
Liquidity
A new car that leaves the showroom of an authorized dealer immediately loses at least 10% in value. Over the next three years, the value of the car decreases by another 10%-15% on average. Having purchased a used car, it is possible to sell it later for almost the same amount. On the one hand, this is due to a gradual increase in the price of new cars, and on the other hand, used cars do not lose value as quickly as new ones. The used car market is large, but it consists mostly of the most marketable models. This means that you can easily sell your used car on the market.
Speed of transaction
The used car is already in front of you. There is no need to wait for the car dealership to order the car and deliver it from overseas. All you have to do is close the deal with the seller and pick up your new car. The best option is to buy the car from someone you know well, a relative or friend. This way you can be sure the car is in good condition and you will get good advice on how to service it in the future.