Buying a used car for sale is great way to save lots of money. Used cars are extremely high quality these days because the cars of today are really built to last, and they will save you the trouble and money that comes with a new car. Second hand cars are wonderful long-term investments that will save you and your family money now, and in the future.
While paying a significantly lower price for a used car rather than a brand new one is the obvious and main reason to choose a second hand car, there are 5 other main reasons why you should buy second hand.
1) Minimizing Depreciation
New cars generally depreciate about 20% the first time they are driven. Cars will typically lose another 10% of value during their first year. That's a 30% loss of your new car's value in just the first year of your ownership.
You can avoid that major loss of value by buying a used car for sale that has already gone through that major depreciation stage. Buying at least a one-year-old car will allow you to buy, drive, and eventually sell that car with a minimum loss in equity.
If you can't find a one-year-old car, buying an older car and using it till it's completely worn out is another very cost-effective way to own a second hand car.
2) Reducing Registration Fees
Similarly to insurance rates, car registration fees are often determined by the car's transaction price. With the lower transaction prices of second hand cars, you will save money.
3) Getting More For Your Money
When you buy second hand, you can buy a better or larger car than you could if you were purchasing a brand new vehicle. While you might not be able to afford a brand new Mercedes, you might be able to swing a used one!
4) Keeping Your Peace of Mind
Buying a second hand car used to mean taking a major gamble. But these days, consumer reports and car sale regulations provide all the information you need to known everything there is to know about your second hand car's past so you can feel safe making a purchase.
While there are many benefits to look for a used car for
sale, it is still important to do your homework and find out each
car's history, because if you buy a second hand car with bad breaks
or even squeaky windows you will be stuck.
Visit www.ksmotorcompany.com.au from Perth to view the range of used cars at discounted prices!