Car rates are at an all-time high, and the same cannot be said about the income of people. A common man may not be able to purchase new cars as they are getting costlier by the day. But the good news is that manufacturers are coming out with newer versions of the same model, and hence more cars are coming to pre-owned car markets. There are many places like purplecowcars.co.uk where you get quality used cars without having to blow up all your money.
www.carsguide.com.au suggests that it is a sensible decision to buy a used car for someone who is looking to buy a second car for the family. Apart from this, there are many more grounds why you should buy a used car, below are a few.
Cost-effective: The value of the brand-new car depreciates faster than you can imagine. After the first few years, the value of your vehicle is approximately 50 percent of the what price you paid for your car. So, if you are on a tight allowance, you can buy a used car which is a few years old and can save buy the same model car at half the price on an average. Apart from depreciating the cost of the car, you pay less for taxes, insurance and registration fees on a used car.
Modern vehicles last longer: Modern cars are built to last longer. Gone are the days when your car would get rusted, or the engine seized after a few years of use. Modern vehicles are sturdier and hence last longer unless the owner has abused the vehicle. For someone looking to buy a used car, it is a blessing as you can expect the car to run many years after purchase apart from saving a few thousand dollars.
Certified Pre-owned vehicles: Almost every car brand has its Certified pre-owned program or CPO for pre-owned cars, so there are many options for someone wishing to buy a used car. Every brand has its own set of rules for accepting a car under CPO programs like checking the age, mileage and the present condition of the car. These pre-owned vehicles are thoroughly checked and then depending on the status of the car the warranty coverage is set. So, a customer can have peace of mind despite buying a used car.
Report of Vehicle history: There are many companies which provide reports on the history of the car. The VIN of the car is used to gather information about the vehicle. The report will have details of all the previous owners of the car, registration status, mileage, accident history, etc.
Although buying a used car is a little risky when compared to the purchase of a new one as there is no guarantee that there will not be any problems once you have paid for it. But you can save money by choosing to buy a used car and with the newer vehicles built better along with the help of CPO programs you can hope to get the best of used cars in the market.