Is Buying a Used Automobile Right For You?
Skip to the good stuff:
Many motorists decide to purchase a used vehicle because of the financial benefits that it brings over buying a new car, but there is actually a host of cool advantages that many do not realise. If you are in the market for a second-hand automobile, here are just a few cool facts that you may not have considered:
The other major benefit of buying used is the fact that you have an enormous variety to choose from. The internet has made it easy to browse second-hand cars for sale up and down the country and even overseas – this means that you should be able to find exactly what you are looking for with a little research. Online supermarkets like Motorpoint are a good place to start, but it is important to remember that you should always check the car over in person before parting with cash.
Drive a Better Car
Since you are saving money when you buy a used car, it also means that you can upgrade and drive a better vehicle than if you were to purchase a new one. For many motorists, they are able to get behind the wheel of a car that they have dreamed of owning if they find one that is a few years old in the used car market.
Low Previous Ownership
The average automobile will have just three owners in its lifetime. When you consider that you will be one of these owners, this is actually quite a low number. Everybody would prefer to be the first owner, but this is not an option for many. Fortunately, it can be quite easy to remove any signs and evidence of somebody else owning the automobile and make it your own with a little hard work.
Another cool aspect of owning a used automobile is the fact that you will sidestep the biggest depreciation hit. An automobile can depreciate by as much as 40% in just its first year, but the rate drops significantly after this. Not only does this make the car much more affordable, but it also means that you do not take such a financial hit if you sell the car a few years later. It’s wise once purchasing a used car, to keep the very best engine degreaser, as grease build up is a common cause of engine failure.
Easy to Check History
One of the major concerns that motorists face in the used car market is purchasing an automobile with a hidden history. In today’s day and age, uncovering this history is very easy with a vehicle history report. This will highlight any major issues and provide peace of mind.
The vehicles built in recent times last much longer than ever before. This means that they are much more reliable and even an old car should last you a long time and not require too many trips to the garage. In America, the average age of a car on the roads reached a record high of 11.5 years in 2015 and this goes to show that modern vehicles are built to last.
These are just a few cool benefits of buying a used car in addition to the great savings that you can make.