The Best Advice About Cars I’ve Ever Written

Importance of Buying a Used Car Over New Cars Buying a car is among the serious and expensive buys that you need to take you time to do a comprehensive research before deciding what kind of a car you want to buy. There are many things that you need put into consideration before you buy a car including, the cost, specifications, car payment and insurance processes. When looking for a vehicle purchase, many individuals are normally confronted with the problem of purchasing a used one versus a brand new one. Perhaps a brand new car seems like the obvious option; however there are a few rather important advantages of purchasing a used car, including the cost, insurance and maintenance, that need to be taken into consideration by everybody who considers that new vehicles would be the better choice. The obvious and most important advantage of buying a used car over a new one is the reduced price. There are great versions of used cars with great performances at very low prices if you will opt for used cars. As an example, in a couple of past few years you could purchase a new sports car for more than $80,000, but you can now buy the same used sports car for less as $40,000. New cars lose their value as they leave the automobile. Discussing about depreciation, used cars are not influenced by it as brand new ones are. During the first couple of years you brand new car starts lose its worth hence worries of getting another one. When you buy a used car you don’t have fear that it will lose its value, since it has already depreciated in value as it was originally bought as a brand-new car. If you decide to sell the used car you bought after using it for some years there are high chances of selling it at a fairly similar cost.
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Low registration fee is another reason why you need to consider purchasing a used car. DMV’s charge less for registering cars that are over five years old, and can be able to save a few hundreds of dollars a year like that. Additionally, used cars are not subject to sales tax, which, for brand new cars, is up to 7% of their purchase price.
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Lastly, used cars insurance is much more cheap compared to brand new cars insurance. This is because a brand new car is more expensive and has a larger value, and it costs more to replace components and repair it when it gets involved in crush. To conclude, having a brand new car have some obvious benefits, but owning a used car has its own advantages too hence it is up to you to put into consideration above benefits before making your decision.