Are you finally looking to buy a four wheeler for the comfort of your family just because you have saved enough from your monthly incomes. Why don’t you go for a used one instead of a new car? It would save you hundreds of bucks. It is always better to consult the pros and cons of buying a used car vs new car before spending your lifetime savings on a four wheeler.
A new car is always a tempting choice but there are many used car benefits that are inevitable. You should be completely aware of all the benefits of buying a used car and you can even feel more relaxed and have some more advantages of buying a used car from a dealer.
Is Buying a Used Car a Good Idea?
Yes, there are a lot of used car benefits that can’t be ignored. It is always a good and wise idea to spend your savings on a used car rather than splashing your savings on an attractive new car and taking a massive loan.
Used car won’t demand all of your savings at once but it would surely give you the same comfort of travelling with your family in a four wheeler vehicle. Don’t ignore the used car benefits and choose a nearest car dealer to get all the benefits of buying a used car vs new.
Following are some generalized benefits of buying a used car.
Benefits of Buying a Used Car
There are some obvious benefits of buying a used car. Make sure to check all the do’s and don’ts of buying a used car.
1) Affordable Price
You can easily afford a used car. All the used cars are available at almost half price of the newer cars of the same model. Whenever a new model of a particular car arrives in the market, the value of the previous models goes down.
2) No Price Depreciation
No price depreciation would be among the earliest benefits of a used car vs new whenever we discuss the used car vs new car. A new car has to face a price depreciation as soon as it begins to run on roads. Almost 10% of the value of a new car goes down quickly within the early weeks but a used car’s price remains almost the same even after 2,3 more years.
3) No Hidden Fees
There are no hidden fees involved while purchasing a used car. On the other hand, a new car always carries many additional charges like registration, insurance, financing plus insurance charges but the used car cost you for the car and the title transferring charges
4) Customized Upgrade Options
If you buy a used car, you can easily customize it according to your own budget and choice. You can keep track of the engine performance and you can eventually shift towards hybrid engine options as well.
A hybrid engine option on a new car would cost you hundreds of bucks.
5) Lower Annual Taxes
The annual tax is applied on the worth of your possession. If you own a new car, obviously you would pay higher tax annually than a used car. So, lower annual tax would also be considered in used car benefits while comparing all the benefits of used car vs new.
Is it Better to Buy a Used Car from a Dealer?
Obviously there are some benefits of buying a used car from a dealer but overall it is a smooth and hassle free process – buying a used car from a dealer.
Let’s see pros and cons of buying a used car from a dealer.
Pros and Cons of Buying a Used Car from a Dealer
Following are some benefits of buying a used car from a dealer.
Hassle Free Process
Buying a used car from a dealer is a hassle free process. You don’t have to waste your precious time and several weekends wandering around and looking for a perfect used car according to your budget range plus choice.
The dealers have already collected the best used cars in several price ranges. You just have to go there and see several options. Eventually, you would love a used car from their large collection.
High Quality Assurance
As the dealers have been running their business for years, they have to maintain their reputation by providing high quality service. So the best car dealer of Baltimore would have an inventory of high quality used cars that are thoroughly inspected by professionals. Before searching the query of “buy used cars near me”, you should know about how to find a valid online car dealer to avoid some fraud.
Dealers offer you the trade in option too that makes you able to trade in your current car with a newer model quite easily.
Lesser Profit on Trade-in Option
There is a chance that dealers may earn some extra profit in the trade in option but it is a feasible solution rather than complex funding options.