Are you also confused whether you should invest in a used car or it’s not that advisable? Don’t worry; we have come up with something very interesting. We know that the lifespan of car ownership is reducing day by day, and frequently, companies are introducing new models with newer and revised features.
It is acceptable to buy a good quality second car in such a scenario rather than choosing a brand-new car. Purchasing a new car might also affect the pocket. There are also a variety of used cars on the market, and it is worth considering. So, today we will discuss some of the proven reasons which make it clear that investing in a used car is .
- Saves money
One of the finest reasons that gives validity to buying a used car is that it will be cheaper compared to a new car and save lots of money. Let’s understand it with an example if we want to purchase a new honda amaze; it almost costs 10 lakh. On the other hand, we can get a used car Honda Amaze at almost half the price. Is it a great deal? Of course.
Also, if we have such a huge budget, we can buy premium sedans. Impressed?
- Look like a new car
There are some used cars that do not suffer much wear on the exterior. So, we do not need to worry about the car’s appearance if we get such great deals. With a little bit of maintenance and services, car can look spic-and-span.
Moreover, when we buy a new car, we need to pay taxes and registration fees to the government. This is not the case in second-car. Another reason to love used cars.
- Low depreciation rates
New cars have a higher depreciation rate compared to used-car. We all know that with every passing year, the value of cars is reduced. So, there is an advantage of low depreciation rates if we buy a used car.
- We can use it or abuse it
We all are somewhat attached to our vehicles. And if it gets scratched or dinged, we feel bad or frustrated. But, if the car is cheap, we won’t feel less bad. On the other hand, we are also worried about the safety of a new car. Will it get scratched? What if careless people hit it? Don’t put yourself in a troubled friend. Go with a used car.
- Cost of insurance
We all want to have insurance for our vehicles whether they are new or old. It is also one of the needed things nowadays. So, here we need to note that a car’s age affects the insurance amount. For a used car, insurance rates are low compared to the newly bought car. It saves a lot of money in just a couple of years.
If we take a bit of care while buying a used car, we surely end up with a more reliable car – especially if the car is well-maintained. And it has been noted that used cars have fewer problems than a brand new car.
- Extended warranty
We if buy used cars from a reputable car dealer, we surely get an extended warranty period. Buying such cars cuts down on repair costs.
The warranty periods offered by reputed dealers take care of engine damage. If they can’t fix the vehicle, they will replace it in warranty periods.
- Reduce the carbon footprint
Many of you might argue that the new car is environmentally friendly as it has good exhaust systems and fuel-efficient engines. But if we put sustainability first, you surely appreciate our efforts in writing this article.
During the production and initial logistics part of cars, there are lots of carbon emissions from it. So, we can contribute to the betterment of the environment by buying used cars.