Why do most people think that investing in a used car is a wiser option? There are both pros and cons associated with this option, like any other option. However, some of the pros do tend to weigh out the cons. Here are our top 3 picks that might have you convinced to consider buying a second hand car if you are looking to treat yourself to a new ride.
Depreciation
The value of a brand new car that depreciates in its first year is the highest. There are two sorts of loss on value; one the actual annual depreciation and two as soon as you drive off the car from your dealership to your house, the value falls instantly as it no more falls in the brand new category. This means that the car loses around 25 ~ 30% of its value within just one year. Alternatively, if you were smart enough to purchase a year or two-year-old car, you would have to pay quite less as compared to buying it brand new plus it will almost be as good as new. So you get to enjoy an almost new car, the latest model perhaps and still will not have to pay as much.
Drive a Better Model
Once you open yourself up to the pre-owned car market, your pool of options immediately widens. If you could fit a new SUV into your budget, then in the used car market you will definitely be able to fit a prestigious saloon. Likewise, you can go for a better make as well and say if you don’t want to go for this option and stick to what you were saving for, then you can still save a ton of money and use it for a holiday instead.
Social Responsibility
Going green and conserving whatever limited resources we have left is our social responsibility. We owe it to our future generations and ourselves. Re-using cars is a great way of doing that. It is only about realizing our responsibility and making wiser choices.
Most people fear buying second hand cars because of either bad experience that they had in the past or due to the stories they have heard of people being scammed. A pro tip here is to never go for individual sellers when buying used cars. Always go for authentic used car dealers that provide you complete car history and you know you can turn to in case your car starts troubling you. If you live in Kent or Sussex then KAP Motors is your best bet. They have an extremely cooperative and friendly staff that helps you find exactly what you are looking for. KAP Motors provide easy installment plans for their used Nissan cars range. Additionally, they provide pre-inspected cars with warranties so rest assured you don’t have to worry about a thing when purchasing from them.
Buying a car is an investment, one that we don’t make every day. So take your time to weigh the pros and cons and make the smart decision!