A market that is growing at the rate of 5.09% annually, published by the PR news clearly showing a keen interest of the buyers in used cars. “Old is gold” is a perfect phrase for the consumers who’re buying second-hand cars instead of new ones.
Brands like Mercedes-Benz, Volks vegan, and Ferrari are the old players in the car industry. Furthermore, their second-hand cars are giving better sales as compared to the new arrivals. Although several factors are responsible for this hype, let’s read the stats.
Around 41 million used cars were sold & bought in the United States only, in the year 2017. Besides the new features and shiny outlooks, only 17.25 million units of fresh models were seen on the roads in the same year. Have a look at these untold benefits.
No hidden fees
There are no hidden charges in there such as shipping fees, advertising fees, and dealer commissions in a used car. This is one of the prime advantages of buying a second hand car from a used car dealer in town. It’ll not only save your cash but also gives you extra money to spend it on treats with friends.
Less burden on bank accounts
As an employee or a middle-class earner, one might have to take loans for buying a high-end car that costs them way more than their salaries and annual incomes. But this is not the case in used cars as they’re less expensive & one can easily purchase them without making any burden on their bank accounts.
Certifications & insurance
First, all the certification costs will vanish as you’re buying pre-owned certified vehicles. Second, it’s for sure that you’ll get a quality car that is inspected by the authorities. It seems that you only need to bring your credit card and valid proof of identity to buy a second-hand car.
On the other hand, the insurance costs also diminished as the depreciation costs will not affect the insurance gap.
Chose by performance
You might have seen in the news channels and social media that new car models flopped and didn’t perform well on the ground. And to reclaim your money from the car manufacturers, you might have to visit hundreds of times to get it back into your pocket.
But in the case of old cars, one can buy a model that has a good reputation in the market and performs well under harsh weather conditions. Consequently, second-hand cars will never let you down in any perspective.
Add-on features on old cars
One can easily add new features to the used cars that will only cost you under 100 dollars that is charged by a thousand dollars in new cars. For instance, one can add an AC, a navigation system, and sunroof on the top to make it a brand new car.
These are the slight modifications that can give a brand new look to the old cars. In this way, one can easily save his energies that would have been wasted in bargaining with the dealers.