Are you thinking of purchasing a new vehicle? In this article, we will discuss some reasons why you should buy used cars as opposed to brand new ones.
You Will Save Money
In 2015, Kelley Blue Book reported that American citizens were spending, on average, $33,000 on a brand new car. On the other hand, those who purchased used vehicles spent $20,000 on average. New cars do depreciate, and it doesn’t take long for them to do so. The evidence shows that purchasing a used car will help you to save more money than if you decide to bring one a new one from the dealership. In fact, after three years, your new car is worth roughly 54 percent of what you ended up paying for it.
What’s more, sales tax is less when you purchase a used vehicle. In addition, insurance tends to be cheaper for a used car than one that is brand new. And in many states, the cost of registering a car is much less expensive when you register a used car opposed to a new vehicle. In other words, bringing home a used car can help you to keep a significant amount of money in your wallet.
You Can Rely on the Modern Car
Cars these days are more reliable than ever, meaning that if you decide to bring home a used vehicle you will still be able to get many years of use from it. Bringing home a new car may mean, in your mind, that you will have more reliability and use over a car that is previously owned. In some cases, this may be true. However, you can still get a great, well-working vehicle when you purchase used and still save yourself money.
It is worth mentioning, however, that used cars do come with a higher likelihood of needing more maintenance and repair over time than a used vehicle. Therefore, it is worth it to you, in the long run, to shop around and do your research before settling on one car. You may also want a mechanic to inspect the vehicle before any purchase is made.
Used Cars Bring Peace of Mind
Say you are purchasing a vehicle for your teenager. We have touched on why a used car is going to save you more money while still giving you years of service and reliability like a new car can. Of the same vein, a used vehicle can give your teenager room to grow without causing you the anxiety of your son or daughter behind the wheel of an expensive new vehicle.
Similarly, if the vehicle is intended for yourself as the driver, you can feel better about driving a car that is useful and reliable without worrying, “what if something happens to my new vehicle?” or, “What if someone slams their car door into mine at a parking lot right after I bring my new car home?” While you still want to take care of your used vehicle, it can be less painful if cosmetic damage does occur to that car over one that is already set to depreciate quickly like a new car.
Final Words
So if you are considering buying a vehicle, you may want to consider buying used. It just makes sense – less money spent, more reliability for what you pay, and a car you can feel great about for years to come. This is why you should buy used cars as opposed to brand new ones.
For those living in Portland Oregon, check out Portland Used Car Dealers.
