Top 4 Reasons to Buy a Used Car Instead of a New One

by | Dec 5, 2015 | Automotive

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When considering visiting a used car dealership in Hickory Hills, you are faced with a number of options. About 60 million cars are sold in the US each year, and one of the biggest decisions a buyer must make is if they will buy a new or used car. If you have found yourself in this position, here are the top four reasons you may want to buy used:

Safety

Most people think that new cars are safer than used cars, but this is simply not the case. These days, all cars, regardless of being pre-owned or not, must have mandatory safety features installed before they can legally be sold.

Value

The value of a used car is also a consideration. The average cost of a new car is about $30,000, but the average used car is only $15,000. What does this mean? It means that immediately you are getting a better value for your money, especially when you consider that a new car depreciates up to 10 percent once it leaves the lot and within only four years, will depreciate about 50 percent. A used car does not depreciate when driving it off the lot, and the rate of depreciation is much lower.

Reliability

Many people also believe that a new car is more reliable than a new one, but this is also false. Since the early 1990s, the longevity and reliability of cars have increased. When you consider that the average vehicle on the road these days is 11 years old, you can see that even a used car will last for many more years.

Availability

Finally, when looking for a new car, the only option is to go to a specific dealership. Since this is the case, the manufacturer can set the price and the market, meaning there is little bargaining power for the consumer. If looking for a used car, the tables are turned, and not only do you have the power in your hands, you also have more variety because you don’t have to look for a car at a specific place.

Buying a used car is a great choice, but you must remember that it is important to check on the history of the car and the reliability of the dealership before buying. Some, of course, are better than others, and it is important to choose the best that you can before you make your purchase.

 

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