Car Buying Tips
By purchasing a used car, you can save a lot of money. A new car depreciates quickly in the first few years and after 3 years, it is worth only about 60-70% of the original price. In fact, as soon as you leave the dealership, your new vehicle is suddenly worth $1000-$2000 less. When purchasing a new car you basically are paying for its fresh "new" aroma and warranty. Yet, buying a new car does not always mean the buyer will get perfection.A new car may come with problems associated with poor design or manufacturing defects that may have been already repaired during the warranty coverage period if it's a used car. The same is true for all kinds of recalls and service campaigns. Another advantage of buying a used car is that you could buy a loaded model with all the bells and whistles that you might not be able to afford had you bought a new car. we say this because most of use will never run that car into the ground. Most of us switch cars every 2-3 years, putting 24k-48k miles on it during that time. You may have it for longer but ask yourself this question? have you ever owned a car more than 2 years, 5 years, 10 years. This will indicate what mileage range you will want to be purchasing a car in, because that will let you know how long you might expect your used car to last.
However, buying a used car is still a bit of a gamble - there is no guarantee that the car is accident-free, and was properly maintained. There may be some hidden problems like a worn out automatic transmission, or engine problems that may not have been obvious when you test-drove the car. So, next you must ask yourself: Will I save money when buying a used car? How do I eliminate the risk of potential problems and is this actually possible to do? Yes it is.