Why Should I Buy a Used Car?

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Buying a car is a dream harboured by many but with rise in prices of all commodities it is becoming difficult day-by-day to turn this dream into reality. If you are well off financially then you can always opt for a brand new car with new technology and modern gizmos but for those of you who are on a stringent budget it is better not to stretch your budget by leasing to get a high tech car. In such a case it is better to buyused carswhile is still in top notch condition that drills a smaller hole in your pocket after carrying out a proper car valuation.

After a home, a car is typically the second most expensive purchase anyone makes and settling on a new vehicle is not a decision that one can take hastily.One can buy a new or used car from car dealers or even opt for the online mode for a more direct approach, but for used car purchase the used carvaluation is a necessary first step. With car valuation online one doesn’t have to worry about old car valuation anymore.

Is buying used car only advantageous because it costs lesser than a newer one? Well the answer is No!! There is more to buying used cars than its low cost. Car depreciation is a major downside for new cars. Once you roll those wheels on the road a new car loses its value by a huge margin, as much as 40%. But you do not have to worry about it in case of used cars. The resale value hardly reduces in case of used cars unless it undergoes huge damage. One also faces lower insurance rates with an older car. This is because it would be less expensive to repair or replace a used car if it were stolen or in an accident. Annual registration fees are also less expensive for older cars.

One might seem apprehensive in buying a used car because of the baggage it may possess in the form of repairs. But now a day all the second hand cars at dealership companies go through various checkpoints such as tyres, steering, interiors, body panels, body and frame, suspension, vehicle and owner details, brakes, accessories, engine/transmission/clutch, exteriors, battery, electronics and AC/heater prior to sale.

Thus it is of utmost importance that one carries out old car valuation prior to its purchase. Why pay more when you can get the same thing at a cheaper rate. Second hand car valuation gives you a rough estimate of any used car model.

Buying a used car is always riskier than buying a new car, because you don’t know with 100-percent surety where that car has been and how it was treated, and there are no guarantees that significant problems won’t arise before you’ve got it paid off. The good news however is that today’s vehicles are better than ever with detailed vehicle history reports that can reveal important details about a car’s past.