A shiny new vehicle often comes with all the bells and whistles that attract many buyers, and what’s more, with a great financing deal, you can have the new car that’s caught your eye in no time. But if you want to be practical about your vehicle purchase and want something that will still work (and look good) without breaking the bank, a used car or vehicle may be a better alternative. When you purchase a used vehicle, it can save you a lot of money, and it can also provide you with good quality transport for many years yet. But why else should you consider opting for a used vehicle instead of a new one? Here are the top reasons why.
- It can save you a lot of mone
This is the most obvious reason why you should buy a used car or vehicle rather than a new one, and it’s definitely a reason that has convinced many consumers. On average, the prices of used vehicles are almost 50 percent lower compared to new vehicles. You can also pay off your used vehicle more quickly, which saves you on fees for financing. Many people choose to replace their vehicles after six years, so if you pay ten thousand dollars for a used car rather than twenty thousand for a new car, you have the choice of a nicer vehicle for the next one or purchase another vehicle for only ten thousand dollars, giving you two for the price of one.
- You don’t need to worry about depreciation
Here’s another reason why it’s better to buy used than new: you don’t need to worry about depreciation. We all know that vehicles depreciate as soon as we drive them off the car lot, and their value can decrease by as much as 11 percent even as you drive home! Your new vehicle will continue to depreciate as time passes. But with a used vehicle, most of the depreciation will have already happened before you bought it. Some vehicles even increase their value over time, especially high-end models, as you can readily see with used car Utah specialists like Young Automotive.
- You don’t have to deal with exaggerated charges or fees
Even if a new car deal may seem amazing, it doesn’t mean that you will not be faced with exaggerated extra charges or fees once you purchase it. These fees can include the cost of shipping, destination charges, and even dealer preparation fees. There are even hidden fees for advertising that can reach as much as a thousand dollars. With a used car, you don’t have to contend with hidden or extra charges or fees, although you may have to settle a doc charge or fee for several hundred dollars.
- It can come with a good warranty
Some used vehicles can still have some of their original vehicle warranty, and others may give you the option of getting a new one. With an extended warranty, you can take advantage of factory-trained experts and technicians who can repair your vehicle when needed using good parts and quick service. In addition, you can make use of part of the savings you have from not purchasing a new vehicle to have a car warranty that covers your car up to a hundred thousand miles.
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