Used Car Sale
So you want a new car! Not so fast! Have you considered the idea of getting a used car? If you are like the rest of us saving money isn't an option, it's a necessity. While there is nothing wrong with buying a shiny new car, used cars may not sound so bad after considering a few points.
First of all, a car drops ten percent of its value in the first month off the lot. In other words, if you buy a car brand new for $30,000, it's new value is $27,000 after just one month. If you now feel like you're driving a $27,000 car that's pretty good, but after only one year it will lose value at the rate of 15 to 20 percent per year for the next two years. So at the end of year three, you'll be driving a car worth about $17,000. While you're driving down the street with your head in the air, in the Dodge Charger you've had for only 3 years, the automobiles that are passing by you, have just been driven off of a used car lot. They are of the same type and manufactured in the same year, but only cost what your vehicle is worth now.
Also, remember that the sales tax on used automobiles is less than on new ones. The same is true of the cost of insurance.
As if the cost savings weren't enough reason to buy used, think about the information you used to be able to get on used automobiles in the 70's or 80's. You had to really know about cars or you could be bamboozled. Welcome to the age of Carfax. you can now find out if the cars in question have ever been involved in an accident or had any major repairs. The mileage can also be validated, and so much more.
Newer vehicles have been made better in recent years and so when going to used car sales you will likely be able to find the car of your dreams. Though it may have a few miles on it, the automobile will should be safer and serve you well for many years.
When buying your next car you will likely be happiest with the savings, dependability and looks of one that has been previously owned, but not by too many individuals. This can be verified by means of Carfax. If the car has had only one or two owners, but well cared for, and without too many miles, you should be able to get a great price when purchased from the used car sales lot.
Buying a car that had been used as a rental is another option, though riskier, since the former drivers had no real investment in the love and car of the vehicle.
So, if you want another car, consider that luxury vehicle you've been dreaming about, but remember that you could get something a little better, and save thousands just by buying your next vehicle used.