Buying a car is never quite as straightforward as you might think. There are always lots of different elements to think about and many reasons why one car would be better than another (or one wouldn’t work for you at all, even if it ticks all the boxes).
Although there are lots of issues to think about, one decision – and the first decision you’ll need to make in most cases – is easy. The question is whether to buy a new car or a used one, and the answer is that buying a used car is a great idea. This might not be what you were expecting to hear, but the truth is that a used car will have many benefits that a brand-new one does not. Read on to find out more.
Less Depreciation
It’s nice to have a car that’s all yours and no one else has ever driven, but it’s not a good idea when it comes to your finances. That’s because a brand-new car depreciates very quickly. In other words, as soon as you start driving a new car, hundreds and sometimes even thousands of dollars will immediately be lost from the price. As you’ll know, when you look at the cost of a used car, the price difference between that and a new car is staggering, and that’s due to depreciation.
The point is, when you buy a brand-new car, you’ll never make your money back and you certainly won’t make a profit when you come to sell it; and although the same can probably be said of a used car, the loss won’t be so great.
More Choice
There are only a small number of new cars available. Manufacturers will make a limited number of them because they’re expensive, and too many that don’t sell will make a loss. Plus, the more of them there are, the lower the price will have to be to sell them. This will clearly limit your options.
With used cars, the choices are almost limitless. You can search online to find a great car from anywhere in the country and use a specialist vehicle shipping company to bring it to you. You can also compare a variety of different makes, models, colors, and designs to see what is going to suit you and your budget the best. In this way, you’re more likely to get a car you love and that you’ll be happy to drive than if you had to opt for a new car from a much smaller pool.
Better Deals
New cars are popular, and car dealers don’t have to make that many deals to entice people to buy them (even though used cars are a better option). However, when it comes to used cars, you can often find some excellent deals because sellers need to move these vehicles on to make room for more.
Not only will the price be a lot lower with a used car than a new one, but you can often negotiate more money off or get more features added. Even if you can only get them to sell you a car with a full tank of gas, that’s money you don’t have to spend. If you want a bargain and you’re willing to negotiate, a used car is absolutely the right choice. howitstart
