Is it better to buy a used car?
New cars are becoming more expensive each year, making it difficult to purchase for an average person. The advancements in technology in the automotive industry are changing fast and as a result new car prices are steadily increasing. Despite the steady upward trend in car prices, the average lifespan of a car is declining, which is great news for potential used car buyers. Increasing technological advances are making it easier for manufacturers to introduce new models earlier than they used to a few years ago, which allows you to save money on your next used car purchase.
In fact, used cars make more sense for first-time buyers upgrading from two-wheelers or public transportation, or for a family with more than one car. Of course there are advantages to getting a brand new car, such as a dealer warranty, after-sales support, and the smell of a brand new car, which will be gone in a few weeks time. However, buying a secondhand car has more benefits specially for first-time buyers. Some of them are as follows:
Buying a used car gives you more value for money
Savings are the most obvious advantage of buying a used car. The moment you drive a new car off the lot, 15 to 20% of its value has already been depreciated. Additionally, it is important to recognize that a new car is also subject to sales tax.
There is a possibility that you will need to replace or repair certain parts of your car. Of course, every car owner will deal with these at some point. By buying a used car, you will be able to use the savings for repairs. Moreover, if a car has low mileage and is well maintained, then you’re practically getting a brand new car for a lower price.
The cost-to-resale ratio is low
Some car brands depreciate more slowly than others. The resale value of popular cars is high since they are known for their reliability and low maintenance costs. You’ll get the added benefit of being able to sell it still relatively close to the original price if you buy a pre-owned vehicle that depreciates slowly.
It is beneficial to the environment to buy a used car
When you go secondhand, it may surprise you that you are actually helping the environment. There is no doubt that manufacturing has a huge effect on the environment, and this is no exception to cars. By making use of something already on the road, you will be able to reduce the need for new vehicles. Since you won’t be rolling a new car off the lot, you won’t add to the traffic either.
There is no extra charge for insurance
You’ll spend a lot less on insurance for a used car than for a new one. In addition to the soaring taxes and other clauses, buying a new car is quite expensive. To find out better, consider a breakup below between the ex-showroom price and On The Road (OTR) price of a new car.
If you are fortunate enough, you can get a used vehicle that is already covered under insurance for a considerable period of time (say, the next 6 months or a year), you need not buy any additional insurance during that time and can simply have it transferred to your own name.
One of the main benefits of a used car is that you can drive without worrying about getting that first dent or scratch that only a brand new car is prone to. You can even go on longer trips as soon as you buy the car, since buyers generally avoid taking new cars on longer trips before they get their first service or inspection.
You just bought a brand new car and the next day you have to travel to a congested part of the city for work. Because of the possibility of getting dents or scratches, you are likely to avoid driving your new car and instead rely on public transportation instead. Consider the same situation if you bought the same used car instead. You won’t really hesitate much to take your car through those narrow lanes.
Why visit Airport Auto Sales Used Car Dealership
Here at Airport Auto Sales we have 20 years of experience with selling used cars, buy here pay here and auto service & repairs the following locations: Fredericksburg, VA, Richmond, VA, Stafford, VA, Alexandria, VA, Woodbridge, VA, Alexandria, VA, Arlington, Fairfax, VA, Manassas, VA.