When some of us imagine used cars, we may think about a useless old clunker of a car sitting in some junk heap, with barely an engine and four flat tires. But this is hardly the case nowadays when people mention used cars. In fact, used or pre-owned cars today are a great alternative to buying a new car, and you don’t have to settle for some old and decrepit model, either. There are some excellent deals on pre-owned vehicles of all kinds, most of which are two to three years old or less, and with only a few thousand miles on the odometer as well. Additionally, if you buy a used car from a good dealership, you can rest assured that the car has been completely checked and inspected and may even come with its original warranty or an extended warranty. But what other advantages can you get from buying a used car? Here are five of the best.
1. A much better rate and price
Obviously, with a used car, you will pay a much lower price compared to a new one. You can buy a great make and model (say, an Audi or a Mercedes Benz) at as much as 50% less than its original price, and it may come with some excellent features as well. Plus, with used cars, you have more financing options and you may not have to deal with the state’s sales tax, either (this depends on the state, so do your research on this first). But even if the state has a sales tax, it will still be lower for used vehicles compared to new vehicles. And your used car’s registration fee will probably be lower since most states base their registration fee on the car’s value and its model (what year it came out). The older the car, the lower its registration fee.
2. Benefits on depreciation
You may already know that cars depreciate very quickly, and if you buy a new car, your purchase can quickly lose its value as you use it and drive it around. In the first year alone, your new car can lose as much as 40% of its original value. With used cars, you don’t have to think about physical depreciation as well as mental depreciation (where you worry about the slightest dent or scratch just because you paid too much for the car).
3. Avoid fees associated with new cars
If you purchase a new car, you will most likely contend with extra fees, such as processing fees, preparation fees, and even an advertising fee or charge, which can go up to a few hundred dollars. But when you buy a used car, these fees are all but eliminated.
4. A wider variety
If you have your eye on a unique or specific make and model of vehicle, then you have a lot more options with used cars, such as the selection of used cars in Layton Utah from Young Automotive. You can select from a wider and broader inventory of vehicles, some of which can be vintage or high end, depending on what you want.
5. Benefit from reviews and more comprehensive information
Before you buy a used car, you can find out as much as you can about it simply by going online. You can research the car’s actual value on different sites, and you can even find out a vehicle’s historical records and info. You can also read reviews from other users and buyers, such as their satisfaction rate with the car, the problems they encountered, and even the reputation of the dealership from where you want to purchase a vehicle. You definitely have more information at your fingertips, which can help you make a more logical and better decision in the end.