Buy the second hand car of your favourite model
Price of Used cars:
Buying a new car is expensive than the used car. The initial costs of the new car are hefty. Used cars are cheaper than the new cars and previous ownership decrease the value of the used car even the car is in new condition. One can save the money by purchasing the second hand car of his/her favourite brand.
Value of the car:
The value of the car decreases with the passage of time whether you buy a new car or a used car. But, the faster decline in the value is seen in new cars within first to three years of purchase and less registration fee is charged to register the used or old car than the new one.
Extra money to purchase the car:
The car salesmen get their commission for every sale they make. It means you have to pay extra money to the salesman. But, when we talk about the used cars, there is no extra money charged by the seller. The only amount that the buyer has to pay is the price of the car and registration fee.
The extra specifications that you want in your car are very expensive. When you want to buy a new car, you have to purchase other things that you like. But, to purchase a used car means that you search for a car that already have the desirable features such as a sun roof, power windows, and many more. This is a huge advantage for the buyers of used cars.
Less expensive insurance:
There is another benefit for the people to buy a used car in terms of insurance. The insurance of the used car is less expensive than the insurance of the new car. As the used vehicle is pre-owned vehicle, you are not the first person to test that model. You do not know anything about the new car and you are the first tester of a new car. This is also an advantage of buying a second hand car.