Still unsure whether to buy a used car now or save for a few more years to get a new one? If a car is necessary in your daily life, then you may want to opt for a used one as soon as you can.
There’s nothing too much to worry about buying a second-hand vehicle. In fact, used cars offer a lot of benefits as well even if other people have already rode it for months or even years.
Brand new cars are a lot more expensive, but these tend to depreciate faster. After two years of ownership, it normally loses 15% to 30% of its value. The depreciation slows down after that period.
On the other hand, buying a 2- or 3-year-old car is equivalent to saving the money the previous owner lost from its depreciation. More importantly, opting for a used vehicle eliminates the need to pay expensive initial costs.
Buying a used car in good condition is actually a good way to preserve and protect the environment. Think of it this way: every used car bought is one less machine you’ll find at the dump. This means you do your part in prolonging the useful life of old vehicle.
Affordability and environment-friendliness are just two major factors to look for in a car, and getting a used car lets you have these. Just make sure you go to a reliable dealership to ensure that you’ll get more value for your money.