Five Great Reasons to Buy a Used Car

The essential question for car consumers is whether or not to buy new or used.  Certainly, there are obvious pro’s and cons to both.  Here are five reasons you should consider buying a used car according to the Used Car Dealers Association.

1. Depreciation

New cars drop value as soon as they are driven off the lot.  Studies have shown that three- to five-year-old vehicles have already experienced the greatest percentage of their depreciation. With the current economy, used vehicles offer consumers the chance to save thousands of dollars or even affordably upgrade to a better class of vehicle.

2. Road-Tested

A properly maintained used vehicle with service records is helpful, because any defects that might go unnoticed in a new car will have already revealed themselves and been corrected in a used car.

3. Reliability

It’s an undisputed fact that today’s vehicles are truly built to last, unlike vehicles of 25 years ago. It’s quite reasonable to expect, with proper maintenance, a vehicle to serve reliably after 180,000 miles or more.

4. Accessible 

People like used cars because they can see them, sit in them, try the options and drive them, which you can’t do when ordering a new car from a photo or option description. People like to see and touch what they are buying.

5. Insurance

Perhaps a more costly aspect than maintenance for some vehicles is the cost to insure them for the road. Used vehicles can be less expensive to insure.

 

It is important to carefully and extensively research used cars.  Ask the dealer for a vehicle history report.  Also, It can be beneficial to have your own mechanic inspect the car before buying.