Buying a car can seem like an impossible uphill climb when you’re on a tight budget. However, this may not be the case if you consider a used car. Car depreciation is great news for used car buyers, because they can get more car for their money. Although some car models handle depreciation better than others, you can expect to buy a used car at half the price of a new one just three years after its initial purchase.
In fact, depreciation is actually a huge reason why shopping for a used car may be a much more financially sound idea than going for new. The following post elaborates on this argument:
Buying a Car? Choose Used and Drive Off With a Deal
The allure of driving off the lot with a brand new car is compelling. In fact, demand for new cars led to record sales in the U.S. in 2016 and 2017, with more than 17 million sold during each of those years.
But if your budget is tight, a new car may not be the best investment. Because of demand, the average price of a new vehicle is roughly $36,000. Read full post at Navy Federal...
Depreciation also works for used car buyers by giving you better options for the money you have. You may be able to land yourself a better equipped or fancier used vehicle than you could afford in the new car market.
And it should also help to know that cars these days are designed to last much longer than they did in the past. A three year old car that’s well taken care of would have many more years of great service to offer.
Another reason why you should consider a used car is the sheer number of options you have. You can be sure that the number of models in the used car market is much bigger than that of new car models. The following post lists just some of the used car models you might want to consider:
32 Used cars that will make your dollars go further
How does nearly new for half the price of new sound?
If that’s appealing, take a look at the range of used-car bargains listed below, where depreciation has dropped the average price of many models by about 50 percent when they reach three years old.
iSeeCars.com analyzed 4.1 million vehicle sales to discover the highest depreciating cars with the biggest potential savings, including the overall top 10 best bargains, vehicles under $20,000 and those among the popular SUV segment. Read full post at Road Loans...
Because of the sheer volume of used cars available, it’s important to think about exactly what you need in a car before you start your search.
Your biggest concern when buying a used car is probably whether you will in fact get a good deal. You want a great car that will match its price, and maybe even offer more value. The following post suggests five questions to ask the seller that will help you clinch a good deal:
5 Questions to Ask When Buying a Used Car from a Private Seller
For many drivers, buying a used car from a private party is the only way to go. You don’t have to deal with a high pressure car salesmen; there’s less paperwork to complete; and there are no mind games to play. There’s just two people hoping for a great deal on a used car. One is buying, the other selling. Simple. Read full post at myAutoloan...
Yet another reason why buying a used car may not be such a bad idea is that it in no way means missing out the pleasures of riding in a luxury car. With companies like Camryn Limousine offering chauffeured rides in the classiest vehicles, all your date nights and special occasions are covered.
Camryn Limousine is the premier luxury transport provider in Charlottesville and Central Virginia. We offer reliable transport services for all occasions, including weddings, anniversaries and airport rides. Our wine tours are also the talk of the town, so be sure to check those out too.
We’ve got an impressive fleet of vehicles that will cater to your needs whether you’re alone, with your partner or in a group. Call us today at (434) 990-9070 for bookings.