What are the Pros and Cons of Purchasing a Used Vehicle?
A brand new car will be costly, irrespective of discounts and special offers. The alternative is to go for a used car, which will surely prove to be less expensive. However, you should always look at how much an investment will yield in the long run, instead of focusing on the short-term benefits.
Find out if a used car will be beneficial by weighing the pros and cons:
Pros
- Used cars are often housed in lots next to new models in a dealership. Thorough inspections are performed on the cars by professionals, and the necessary repairs (if any) are also completed. They are declared to be “good quality vehicles” if all the checks indicate positive results. Some vehicles might be just a 2-3 years old with low mileage.
- The moment their owners start driving them off from the lots, the value of new vehicles go down by a few thousand dollars or more. A second-hand car can thus save you quite a bit of money without having to compromise on quality.
- You have to shell out much less to cover the costs for taxes, insurance, and registration as opposed to a new car.
This article was written for Ames Ford , you can read the full article here.