You bought a new shirt paying $80. You felt good the first time you wore it. The second time, well, its almost a new shirt still. The third time, just another day in your life. After a couple of months, its just an old rag and you head to a store to buy a new shirt. Cost being $80, you can do that with shirts. But, can you with a new car that you paid $30,000? After a year or two, the once new car is just a car that takes you from point A to point B, devoid of the thrill and excitement of driving a new car in town.
Only if you bought a used car paying $12,000, you could at least think about turning over your car for a new model. One doesn’t have to be a car enthusiast to justify buying a used car. The benefits of buying a used car are many. Read on –
Depreciation Benefit –Depreciation is calculated in percentage terms of the car value. Thus, the depreciation in absolute dollars will be the highest in the first year. The car you bought paying $30,000 may be well worth just $20,000 after 2 years, no matter how well you looked after her. But the car still is almost new. The person that bought the well looked after car from you has made a killing. Why can’t you be that lucky buyer? Year after year, car depreciates lesser and lesser in absolute dollar terms.
Certification Programs – One of the main reasons cited for not buying a used car is the reliability of used cars. Yes, it is a genuine concern and still a concern but almost insignificant with the advent manufacturer instituted certification programs. Manufacturers vouch for a used car after making sure the car meets all the quality guidelines. Before certifying, the manufacturer makes sure the car didn’t meet with any major accident, has run relatively fewer miles, meets the standards during a rigid inspection of its mechanical and cosmetic components, and overall it is in a very good driving condition. Manufacturer certified cars are usually covered under a warranty, which includes many features of a new car warranty and roadside assistance.
Vehicle Financing – These days, used car financing is a big and organized industry with several players and a plethora of offers. Just as easily you can find a new car loan, you can avail a loan on a used car. This flux of liquid credit in the market has increased the volume of used car trade by several folds, thus making sure one can always find what s/he wants in the market.
Global Used Cars is a used car dealer in the Plainfield and Newark area. The dealership stocks pre-owned vehicles from over 19 different manufacturers and ensures the customers get best deals in town. At Global Used Cars, each and every used car is subjected to a rigorous 35-Point Safety and Reliability Inspection. All vehicles at the dealership are priced below their N.A.D.A book values. A Carfax certification and vehicle history report is also included with every vehicle.
Advantages of buying a used car from a reliable used car dealer near at hand, you can now think like an investor and invest the money you save for your future!