8/25/17 at 11:35 AM 0 Comments

5 Smart Reasons Why You Should Buy a Used Car

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The vehicle industry is certainly one of the most profitable industries in the world. The reason is that everyone needs to get to where they want to go without waiting on transit or a ride from a friend. Vehicle ownership gives people the freedom of unobstructed movement and that is quite important for life. Too many people however seem to believe that t new vehicle is the answer. This is certainly not true. The used cars on the market today are just as good, if not better than new ones and here are just a few reasons why.

1. Value – When purchasing a car, you want to get the full value of the vehicle, but when buying a new car, the value immediately decreases by up to 20% once the vehicle has been driven off the lot. That fact alone should prove that a used car can hold its value longer than a new one.

2. Better Quality – It might seem a little strange to think that a used car is of better quality than a new one, but it is important to remember that many new cars are testing out new technologies. Where it may seem as though it is best to have the new technology as soon as it comes to light, there are often bugs in the system that have not yet been worked out. By purchasing a used car, those issues have likely already been resolved in the model and you can choose a model that did not have any standard technical issues to begin with and make an educated decision rather than just merely on technology and looks.

3. Reviews – One of the best aspects about used vehicle purchases is that they come with reviews from live customers. The expert opinion on used cars from some of these online review sites will give you some insight as to the nature of the car, but it is the real live online reviews that from customers that give you the best information. New cars can come with expert opinions, but it is unlikely that you will have more than one or two reviews. Used cars that have been in the market for longer have the most and the best reviews online.

4. Environmentally Friendly – We all work to do our part to improve the environment by recycling waste and purchasing green products, but when it comes to vehicle purchases, our minds quickly move to the new vehicle. Used vehicles are not manufactured with new parts and therefore are not a drain on any natural resources. Buying used supports recycling at its highest level and even though someone else was finished with the car, it still has a substantial amount of life and use to give to you.

5. Cheaper Parts – It may be unlikely that a new car would give any problems, but it does happen from time to time and the warranty does not always cover everything. Fixing a new car will call for new and more expensive parts. Parts to fix issues with a used car are far cheaper than that of a new one.
The choice is up to you when it comes to what type of car to purchase, but used cars have far more advantages than new ones these days.

6. Car Insurance Rate – When it comes to the rates you will pay for car insurance, it must be kept in mind that a new vehicle driven off a dealership lot will be more expensive not just in monthly payments, but also in the policy premiums needed to protect it. Almost always, new cars are costlier in terms of insurance than pre-owned models. When financial savings on insurance coverage are a top priority, it pays to purchase a quality used vehicle instead of a flashy new ride.

Due diligence is essential in determining the best car insurance coverage to suit your needs and your specific circumstances. Used cars do offer an array of benefits that ought to be considered. The value of the vehicles has already dropped, causing the price to be far lower than that of new ones. Another advantage is that is often far easier to engage in fruitful price negotiations over used cars.

A used car costs less to insure than a new one, in most instances, but there are definitely times when this is not the case. Again, research is key.

CP Blogs do not necessarily reflect the views of The Christian Post. Opinions expressed are solely those of the author(s).