If you’re considering buying a car, but haven’t decided yet whether you’re getting a used car or
a brand new auto, it's a good idea to consider the advantages and disadvantages of both. If
you can afford it, you can opt for a new car, but if you’re into practicality, considering used
cars for sale comes with several advantages too.
1. Initial Costs
A used car generally costs much less up-front. Insurance usually is less expensive for an older
car too. Indeed, one of the most common reasons why people opt for a used car is its lower
price.
2. Financing
If you do not have the cash yet, you can apply for used car financing. Today, you can take
advantage of the Buy Here Pay Here system which allows for an easy shopping experience and
a shortened purchasing process. Visit www.axiomisgreat.com to learn more about this.
3. Depreciation
If you are not planning to keep the car for several years, opt for a used car because it does not
depreciate nearly as much as new cars. According to Consumer Reports, new vehicles
commonly lose around 45 percent of their value within the first 3 years.
4. Maintenance
Maintaining a used car, especially when you have brought it from reputable used car
dealership would not come close to costing as much as a new car. You may just have to
spend for typical repair involved like replacing parts such as brakes or the exhaust system.
5. Certification
Used cars have different types of warranty. Some are available under a certified pre-owned
(CPO) program. These programs are only available for late-model vehicles with low mileage and
no previous major damage. Many formerly leased vehicles qualify for this program. The
proliferation of certified pre-owned programs makes buying used cars a trend.
