So, you’re looking for a new car and you’re getting tired of searching online for the perfect model. You have seen everything the car industry has to offer, and it is time to decide. Before you go for a brand-new model, ask yourself, have you considered investing in a used car? Here are some good reasons to buy a used model.
- Cars Depreciate
You may already know that cars depreciate, and new models do this a lot faster than used cars. Purchasing a new car as an investment is a really bad idea, the moment you drive it out of the garage, it starts to depreciate in price. Although cars are lasting longer than ever before, nearly all vehicles lose their value and this loss occurs during the first few months. Experts in used cars in Canberra will tell you that new models lose close to 50% of their value in the first 3 years.
- More Value
When you go for a used car, you get more bang for your buck. It takes a long time to save for a new model and most new cars are expensive. Shopping for a used car is a lot more enjoyable than looking for a new one. Used cars are far more affordable, which gives you a lot more options when you hit the showrooms. Your money goes a lot further in the used car market than if you were to go for a new model.
As mentioned above, used cars are more affordable. This affordability presents a lot more options for the buyer. If you don’t have a lot to spend, you are resigned to looking at economy cars when choosing a new vehicle. This isn’t the case with used cars, you can get that model you always wanted in the used car market. There are a huge number of vehicles available on the used car market in comparison to new vehicles. You can find great deals on some of the top brands, as the used car market can deliver:
You read just three good reasons to go for a used car and there are plenty more. If you are in the market for a vehicle, don’t forget to go online and look at used cars. In addition, go around some used car dealerships to see what is on offer. You’ll sometimes find a used car which is in the same condition as a new vehicle for half the price.