New Vs Used Car: 5 Advantages of Buying a Used Car for Cheap Rates

July 12, 2020

Are you looking to buy a car? If yes, What if we choose a pre-owned car rather than a new Car? Seems confused!!! No problem, let’s find out what are the advantages of Buying a Used Car for Cheap rather than buying a New Car.  There are many reasons and out of them 5 Advantages are mentioned below. Read till the end and know more about the benefits.

Are you a Car lover? So, this is the most exciting and beneficial for you. I will be not surprised if you will tell me that your car is the second most expensive thing you ever purchased after your home. Yes! probably this is true. Then how will you go to enjoy your craziness about cars? This will bound you to purchase a new car every time.  But we came with the solution to your problem. No doubt, nobody will suggest you to purchase a new car and what if I propose you to buy a pre-owned car? 

Do you want to know why? 


Advantages of Buying a Used Car for Cheap:

1. Affordable Price:

The most advantageous benefit for those you are facing struggle due to the high price rate. Like if you are dreaming about a car but could reach it because of the high rate. Buying a pre-owned Car gives you the benefit that the cost for the car can fall down 40 percent after its use for a year. While dealing with a used car you can negotiate for the price quite well and can purchase the car at a beneficial price.

2. Reducing Insurance Cost:

 New cars have high insurance costs in the latest year, but as the time increases and the insurance cost decreases. You can save half of the amount on its insurance premium if you choose a used car with its life cycle of 2 years. This reduction in cost helps you to purchase a car even of high costs in lower than actual after used. 

3. Decent Condition of the Used Cars:

The time has finished when pre-owned cars meant miserable, worn-out surfaces and interiors and scratches all over. The users in today’s age do not have to forfeit authenticity and overall position to hit a great contract on a managed car. There are an abundance of opportunities in the used car section and you can choose a car that is scratch-free and in a high-grade manufacturing state. You can efficiently conclude one that “resembles the latest”. Moreover, when you acquire from prominent traders, certified pre-owned transports with a producer’s guarantee usually assemble more special detailing, features, and manufacturing criteria.

4.Low Depreciation Cost:

The depreciation rate of newer cars is higher than the older cars. With the passing of time,  the car loses its value. You have to face the highest depreciation loss in the initial year and approx 40% loss you will face after buying a new car. But when you choose to purchase a pre-owned car you save yourself from spending such a high depreciation cost.

5.Better for the Environment:

 It has been scientifically proven that new cars emit more carbon dioxide and contribute to greenhouse gas. Car pollution is one of the major causes of global warming. According to the study, 28 % of the carbon dioxide produced during the whole life cycle. So, whenever you choose a used car over a new one, you save the planet from pollution and also mankind. 

Final Words:

 In the article, the above mentioned benefits are of choosing a used car. These benefits are not only for the individual person but also for the environment. This is nothing bad in owning a used car if it is in running condition. You have a lot of choices in the used car too. Nowadays, used cars are also available with choices, warranty, affordability to the customers. 

People Also Ask:

1.Is there any disadvantage of buying a used car?

Surely a used car leads you towards affordability but at the same time the disadvantage of buying a used car is reliability. The older the car, the more money you will have to spend on the repair works.

2. What are the things one must keep in mind while dealing for a used car?

The customer must check all the documents of the car very carefully. Ask for the papers to the dealer and for sure check the legality of the car. If the car is older than 2 years, check in past years in which activities the car was involved.

3. What are the risks of buying a used car?

Until you are dealing with accurate procedure after investigating the car and the dealer, there are no risks at all. But if you try to hurry in the deal you might encounter some risks.

Wishlist Updated Successfully!!