Used cars are a great choice not only to save money. You can find some great deals that have all the state-of-the-art features that new cars have. They also won’t go through the inevitable depreciation as soon as you pull out of the dealership. If you want a status symbol, then perhaps the latest model is the way to go, but there’s a lot to be said about the used car market. If you’re into customising your car for parts, for example, then they could be ideal. Here are five reasons you should consider a used car.
No hidden costs
There might appear to be plenty of incredible deals on new cars at the moment, but you’re more likely to save money by going used. There are often hidden costs such as destination fees, shipping fees, and possible dealership preparation or processing fee. Used cars don’t tend to have hidden fees, although it is worth doing your research and ensure you’re buying them from a reliable resource.
Inspected and certified
Used cars are generally, and should be, fully inspected and certified. Certified pre-owned vehicles also often come with an extended warranty, special financing, and other perks. The most important thing is to ensure you purchase a used car from a reliable source such as Choose My Car. You can even opt for a personal car buying service.
There can even be environmental benefits to buying a used car. New cars actually produce a quarter of the carbon dioxide during their manufacture and shipping. This means that by opting for a used car, you are essentially recycling an old car, avoiding these emissions. However you look at it, used cars result in a lower environmental impact.
No instant depreciation
The main issue with new cars is that they always suffer instant depreciation. Their value goes down as soon as you drive them out of the dealership. This is unfortunate and a new car isn’t usually much of an investment. You’re more likely to retain the same value with a used car. There are certain cars that depreciate fast compared to others, however, but if you buy a used car it will have already been through this reduction in value.
Cheaper to customize
Used cars are often the best cars to customize. You can trade parts online, so if you’re something of a keen mechanic, you can personalize your own car at home in the garage. Even if you buy a used car from a dealership, you’re not normally required to settle for any add-ons. You tend to have the option to install your own add-ons at a lower cost than with a newer vehicle. You’d probably spend a considerable amount more on a new car without it being customized.
It really depends on what you’re looking for. Used cars aren’t for everyone. But, if you’re looking for a bit of character and something you can personalize, they might just work for you. Hopefully, you’ll save some cash as well.
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