There’s nothing quite as tempting as the look, feel, experience, and even smell of a brand new car. However, we all know that buying new isn’t always a smart choice, especially when it comes to money. Here are five reasons why buying used is a good idea.
Cost. According to Kelley Blue Book, the average new car in 2015 cost American around $33,500. On the other hand, the average used vehicle came in around $20,000. Imagine what you could spend an extra $13,000 on. Along with monthly payments, used cars usually cost less to insure.
Reliability. Cars are more reliable than ever. Try to remember the last time you saw an old rusted-through car on the side of the road. Because of this, cars last for years longer than they used to. When you buy a well-cared for used car, you can trust it will stay with you for years to come.
Vehicle History Reports. Thanks to the internet, it is easier and faster than ever to check on a car’s history. All you need is its VIN and you can see how many owners it has had, if it’s been in any accidents, and much more.
Variety. If you buy a new car, you are limited to the current model year or two and can only get features available in those years. With used, however, your options are nearly endless. You can find the exact features you want, no matter which make, model, or year it is.
More car for less. When you choose to buy used, you can stretch your car dollar a lot further. You can get an excellent used car with a lot more features for less than you would pay for a new car with fewer features.
With so many benefits to buying used, it is an easy choice to make.