With an appreciable amount of savings read with an assurance of warranty and certification, a used car comes with a plethora of benefits that one might not reap if he decides to buy a new car. Especially considering people who are buying themselves a car for the very first time, a used purchase is by far a more affordable and practical option.
Following mentioned are a few reasons as to why one should go for a used car:
1) Saving money coupled with up-gradation of segments
It generally takes less than a minute for a brand new car coming straight out of a showroom to lose around 8 to 10% of its purchase price as and when it enters the territory of used ones. Going for a used car significantly means paying less than the primary value of the car, which completely depends on the manufacturing year and the distance traveled. It helps one save a lot of money.
2) Driving without any risk anytime
A used car comes along with its advantages. One of them is the feeling of driving without any tension and jitters of getting a scratch or a dent on your car that only a brand new car from a showroom is prone to. Compared to new ones requiring inspections and first services, one can take used cars in hollywood fl and go for trips as soon as one purchases them successfully.
3) Slower rate of depreciation
Although every car is supposed to undergo depreciation, a used car has an advantage to it. It is known to depreciate at a comparatively slower rate compared to a brand new car. The basic phenomenon behind the same revolves around the fact that depreciation of a car is at its peak in the initial three years of purchase. When one buys a used car, he will purchase it at a price that has hitherto gone through all the primary rates of depreciation.
4) Cheaper insurance with no payment of additional charges
Getting insurance for used cars in hollywood fl procured by you, will generally cost a lot less when compared to the purchase of a new car and its insurance. Insurance coupled with soaring additional taxes and other such clauses makes a brand new car quite expensive.
Although a new car comes with a new car smell and low maintenance cost, it can be hard for your wallet. Hence choosing amongst features and price is in your hand, make sure to consider all the technological advancements within your budget. Used car or a brand new car? The choice is yours; choose smart.