If you have decided that your best option is to buy a car, your next decision should be whether to go for a new car or a used car. You probably know all too well that this isn’t a decision to be taken lightly, and you have to take various factors into consideration. The car market in the UK is filled with all kinds of vehicle makes and models, especially when it comes to used vehicles, but this can make your choice more confusing as well. If you need some extra information on making the best choice of vehicle, here are the top reasons why choosing a used car over a new one may well be your best choice.
The pros of purchasing a used vehicle
- The cost – of course, we all know that the cost of buying a used or second-hand vehicle is not as prohibitive as buying a new model. But it’s not just about the actual car’s price; it’s also about the other fees associated with your purchase, such as insurance, tax, and vehicle registration. Without a doubt, these fees will often be lower when you purchase a used vehicle; for instance, the registration fee is often based on the value of the car in the current market, so if the car’s value is high, then it follows that your registration fee will be higher as well. And it’s the same for your insurance premiums and taxes too.
- A tried and tested model – when you purchase a vehicle that has just been released onto the market, it will not have proven its worth yet. This kind of purchase could bring a risk of engineering or technology which hasn’t been thoroughly tested or assessed in the real world and real road conditions. And even though most new models are quite reliable today, it doesn’t mean that your new car purchase will be free from potential problems, if you’re not lucky. With used vehicles, on the other hand, you already know what to expect. You can find out a lot of information about the vehicle online and read reviews from other car owners to see what prospective issues the vehicle has and how they can be resolved. And if ever the vehicle develops a problem, it will often be easier to find spare parts for it.
- Less depreciation – with a second-hand or used model, you don’t have to worry too much about depreciation because it will lose its overall value more gradually compared to a new vehicle. In fact, if you opt for a car which is already near the bottom of its curve of depreciation, you could well end up with a good car which you can drive for a long period without losing any of your money, as confirmed by used cars Birmingham experts like MotorServ-UK. It may even be possible for you to sell it in the future for the same – or almost the same – price you bought it for, which is definitely not possible with a new car, which experiences tremendous depreciation as soon as you drive it.
- A lot more choices – with used cars, you have plenty more choices in-store as well. There are more used car models than new car models available, for sure, and you can opt for a used vehicle which is no longer being produced or a prior-generation of an existing model. The choices are seemingly endless, and you are bound to find the perfect car for your needs.
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