Why Buying Used Cars Is Almost Always A Better Deal Than Buying ...

Depending on where you live, you probably need a car. If you live in a big city?s downtown area you can probably get by with taking public transit, but if you live in the suburbs or a rural area, you almost assuredly need a car to get around.

So when it comes getting a car you basically have two options: new or used.

When it comes to used cars, the first and most apparent advantage is that they are cheaper. For any make and model, used is always cheaper. In fact, you?ve probably heard the saying that a new car loses 15% of its value the moment you drive it off the lot. At that moment it becomes used and can no longer be sold as a ?new? car.

Current cars (as opposed to cars from 20-30+ years ago) tend to be more reliable, too, so you can buy a car made 10 years ago (in 2002 as of the writing of this article) and it may still have another 10+ years of life left in it, assuming you perform proper maintenance when needed.

Used cars may also have lower insurance costs. Since the value of a used car is less than that of a new car, it should cost less to insure. Remember that the cost of car insurance is part of the cost of owning a car and needs to be factored in when determining your budget and costs.

Buying a used car today is safer than ever before, too, since multiple services exist to check the history of a car. It?s no longer a gamble that you may be buying a car with a bad repair history that the previous owner never told you about.

Of course, buying a new car comes with some advantages, too. First, you get the new car smell. And second, it can be exciting to know you?re the only person who has driven a car, you know no previous owners have mistreated it, and the seat is fresh and hasn?t been formed to anyone else?s butt. Don?t laugh, you know that?s a real thing!

Other than those two reasons, buying used is almost always the better deal (unless you have lots of money to spend, of course!). Is a new car better in terms of quality? Almost always. It has no wear on it so obviously it?s probably going to last longer, all else being equal. But is a new car better in terms of value relative to the price? Almost never. Since new cars depreciate much faster than used cars, you?re actually getting more for your money when you buy used.

To see a large selection of used cars for sale in Australia, please check out this site!

Source: http://postedintheparkinglot.com/why-buying-used-cars-is-almost-always-a-better-deal-than-buying-new/

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