Buying cars used can potentially save you a great deal of money. A new car depreciates in value as soon as you drive it away from the showroom to the tune of about 25 to 30% after three years. Is there any point to buying a new car? Why don’t I just buy a used car and avoid the initial loss?
- Buying a new car gives you that “brand new buzz”.
- You have a full warranty to protect against defects.
- No accident history.
- No dodgy mileage.
- Possible free servicing for a period of time.
However there is no guarantee that the car will run perfectly. My wife has a car which is three years old and for the first two years it was in and out of the dealership like a yoyo. So what are the reasons for buying a used car?
- You can save a great deal of money.
- Any defects or running problems should have already been resolved under warranty.
- Any recalls should have been sorted.
- You can buy a used car that is fully loaded as the extras are generally not valued as highly in the used market
Reasons not to buy a used car.
- Accident damage is sometimes hard to spot.
- Wearing problems on engine parts and transmissions can be missed if you are not an expert.
- Lack of warranty.
- Is the mileage real?
- Does the car require an expensive replacement part at a certain time in its lifespan. This maybe why someone is selling.
I have bought new and used cars and for me buying a used car makes more sense. You can get more for your money and done correctly you can find something in great shape.
Author: Mike S Walker
Article Source: EzineArticles.com
Provided by: Digital Camera Information


January 27th, 2010
Mike S Walker
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