It does not matter if you are a buyer of a car for the first time or a regular one, but there always is a decision to make on whether you are going to buy a brand new car or a pre-owned one during the purchase. New vehicles have the tendency of having the latest style, tech features, low interest's rates as well as the smell of a car that is new. However, are these the best option for you and the budget you have planned. This article will provide you with some tips on why you should consider buying a pre-owned vehicle.
The first reason to buy a pre-owned SUV's is that they are less expensive. In many situations, you will be able to save money when purchasing a used car and most likely this will be significant money. When you purchase a new car, and you take it around out of the block, then it will no longer be a new car, and its value will drop very quickly. According to the consumer reports, the value of your vehicle will be fifty-four percent of its original purchasing price after you have used for only three years.
The average cost of a car that is pre-owned can be predicted below the price of a car that is new, and that will be much saving for you. In a logical manner, you will also pay fewer taxes on cars that are lower priced, and it will also be cheaper to insure them too. Nonetheless, you should be aware of the mileage of a pre-owned vehicle since the driven distance and the warranty remaining will most probably have an impact on the expenses for the maintenance purposes.
The second reason why you should consider buying a used car is that of the rates and terms of financing. With financing rates from the manufacturer that are lower as well as the available dealers for longer terms, they will show you monthly payments for a new car that are very attractive though you should not forget to do calculations. Even the lower rates can end up adding to more than seven to eight-year term for financing, and the upcoming of programs for pre-owned vehicles which are certified have really lowered the gap.There are numerous reasons why one would prefer to purchase a brand new car which has been driven by no other individual though it is undoubtedly that used cars have more value. For more info on buying used cars, visit: http://edition.cnn.com/2008/LIVING/wayoflife/08/20/aa.car.buying.tactics/.
The Reasons for Buying a Used Car