The Advantages of Buying a used car

The Advantages of Buying a used car

Postby carplaceeurodb » Wed Mar 16, 2011 10:00 am

Many people hesitate to buy used Car and the most important reason for this is our inability to find out the correct used car values. In spite of this, the market of second hand cars is growing and there are many reasons for this growth.


There are many advantages of buying used cars and few of them are listed below:

- The value of the new car depreciates immediately after the purchase and after it has been registered on someone’s name. The value of the car decreases every year even if you do not use it that much. Almost 30% of the value of the new car depreciates in the first 3 years.
- When you by a new car then you have to pay high insurance fees whereas the cost of insurance is low on second hand cars. So you save lot of money.
- When you pay less money for buying or sell car then obviously the term of loan is shorter and you get relieved off the burden of loan sooner.
- If you buy the second hand car and that too from a used car sale then you can get flexibility in payment options and save yourself from unnecessary burden.
- When you sell second hand cars then you get good value because you do not have to bear the initial depreciation of the value of the car.
- You pay lesser taxes and fees for registration of vehicle.
- You can get a car within your budget and that too without waiting till the time you have lot of money.

Today dealers also understand that people are realizing the benefits of buying second hand cars. This is the reason why you see so many used car sales being organized by different dealers. The benefits of buying used cars from these sales help you in getting a good car with correctly assessed used car values. People who are interested to sell used cars also prefer to visit these sales so that they can sell off their car easily and get more number of customers.

Some of the dealers sell second hand cars at wholesale price and if you can get hold of such dealers then you can easily get a great car at unbelievable price. If you do not have enough money to buy a new car but you need a car then these second hand cars are great option. Why to share a car with someone when you have a world of these second hand cars available to you.

There are many more advantages of buying a second hand car but you need to do that wisely because not all second hand cars are worth buying because they may keep asking for repair and maintenance every now and then. You can find some good dealers and consult some car experts to help you in making the buying decision. You may have to spend some time in getting a good car but it is worth the amount of money you save on buying a good second hand car.
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Re: The Advantages of Buying a used car

Postby samual007 » Fri Apr 01, 2011 8:05 am

Yeah i totally agree with you here, buying a used car is means a lot for us. if you are planning to buy a used cars then already you have made a smart decision. and all the points which you discussed here are very valuable and very useful for a customer who gonna buy used car, thanks for sharing with us!!!
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Re: The Advantages of Buying a used car

Postby fan123 » Mon Jul 25, 2011 1:21 am

The benefits of buying used cars from these sales help you in getting a good car with correctly assessed used car values. People who are interested to sell used cars also prefer to visit these sales so that they can sell off their car easily and get more number of customers.

thanks


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Re: The Advantages of Buying a used car

Postby sandyC » Mon Feb 13, 2012 9:20 am

It takes a lot decision in buying used car, it will always need to think of what you can afford and what will give you peace of mind. Most used car have less than half the price of the average new car, you can buy a three- or four-year-old used vehicle that is larger and loaded with more features than the small, bare-bones new one. But buying a used vehicle has its risks, which could cost you more over the life of the vehicle. This year, stock is expected to be short, which means that the cost of used automobiles will be increasing. It really applies the principle of economics, the more demand and the lesser the supply the more expensive. Vehicle manufacturers have been making fewer new cars because of reduced its demand. More and more consumers are also holding on to their cars for longer, waiting to trade them in until the economy is in better shape or they feel more comfortable with the expense. This means there have been fewer new cars entering the system and fewer trade-ins building inventory at used car dealerships. Read more here: Used cars expected to get even more expensive
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