Whether you are looking to buy your first car, it is time for a change or your household needs an extra car, it is always a tough decision and one that you need to take your time with. Often, the best option is to shop in the used car market and there are a few reasons why buying used is better than buying new. Keep reading to learn about the main benefits of buying a used car.
Cheaper & Better Value
The most obvious benefit is that used cars are a lot cheaper than buying new. This is because cars depreciate in value over time, so you will end up paying a lot less when you shop in the used car market. Not only this, but it is better value because your money will go a lot further than buying new. Therefore, buying used could allow you to buy a high-quality car that you may not be able to afford if you purchased new.
Better Deals on Insurance
Insurance is an essential but major cost to cover for motorists. There are numerous factors that determine your car insurance, including your age, driving history, job, annual mileage and the make and model of the car that you drive. You will also find that used cars are generally cheaper to insure than a brand new car and this is because the value of a used car is less than a new car, so it will cost less for the insurance company to replace the automobile.
Lower Dealership Fees
Anyone that has bought a new car before will tell you what a sting in the tail dealership fees can be. In addition to the high cost of buying a new car, you may then have various fees to cover that can add up to a significant amount. These fees are usually to cover the cost of processing paperwork for the dealership. You can face fees in the used car market depending on the dealer that you buy from, but these are usually much lower. This is why it is always a good idea to enquire about fees before making a decision and to shop around in your area to find places that do not charge fees. You can search for the brand you are looking for in your area, such as used Vauxhall cars Norwich, for example.
As you can see, it makes a lot more sense to buy a used car and you can make significant saving by shopping in the second-hand market. Buying a car will always be a major decision and will cost a lot of money, so you should always take your time and ensure that you find the right car and buy from a reliable dealership.
