After home, car buying is an expensive affair. If you can’t afford to buy a new car, then a used car can be a great option for you. However, you need to perform an extensive evaluation of your car before parking your money. Here, in this post, we will tell you about the advantages of investing in a slightly used automobile.
Low Price, and Less Depreciation
A new car suffers from the most loss at the level of its value and price as compared to a used model. Due to this reason, used cars make it a better bargain. It is not that the value of a used car doesn’t depreciate.
A one year or two years old car can still depreciate, but you will lose less money quickly. However, you will avoid the huge initial hit compared to the previous owner. AutomaxLv is a popular place to find cars for sale in Las Vegas.
Huge sales tax on brand new cars
Every new posting of advertisements for a brand-new car increases the tax issue. Many state laws put state sales tax, on new cars and not used cars. This sales tax on a new car can be around thousands of dollars. In this way, you save this money when you buy a used car.
Reducing Registration Fees
The annual registration fee depends on the model year and the value of the car. Registration fees will reduce dramatically in the initial first few years after your car gets manufactured. You can save around 1000 dollars when you avoid the registration fees of a new car and buy a car that is 3 or 5 years old.
Economically priced used car features and unnecessary extras on new cars
One of the reasons why the price of a new car is high is due to the pricey extras and features that are seldom used by people.
On the other hand, when you buy a used car, you can’t get every feature that you want, but you will certainly save yourself from paying extra for features that you required. Also, you get specific features such as navigation system, sunroof, etc. at a lesser price than the original car owner.
The crazy fee of dealers
Dealers charge exorbitantly to new car buyers in the form of shipping charges, “dealer preparation” and destination fees. When you purchase a used car, you will need to pay for the tag, registration fees and title to the DMV.
You will find used cars in the market that lasts easily for a minimum of 100,000 miles. Also, you need not compromise on you do not need to sacrifice on the credibility and overall condition on a used vehicle. You can even get it with excellent mechanical condition and scratch-free condition. A manufacturer’s warranty is the biggest benefit of a used car.
The privilege of being the first owner of a car is not affordable for some. A slightly used car can assist you to save a good amount of cash without sacrificing its quality. These are some of the benefits that you would reap by buying a slightly used car over a new one.