This huge price difference in initial costs is already attractive in itself, but there are actually plenty of other reasons why quality used cars in Australia are a good deal, recommends pickles.com.au. Here are four of the best reasons.
1. Reduces loss from quick depreciation.
Did you know that new cars can lose as much as 40 percent of their value in their first year alone?
With a used one, you don’t have to worry about huge depreciation value. And while the smell of a new car is definitely tempting, you can expect it to disappear within just a few weeks of use.
Besides, most car sellers make sure that their vehicles are in good condition, as they want to get the best value as possible from it. This means that they have already taken care of the must-needed repairs such as pain work, dents, and other flaws.
2. Lower insurance fees.
The more expensive a brand new car is, the greater the money you would have to allot for its insurance policy alone. With a used vehicle, you still need to get insurance, but you can expect to pay less, which means reduced strain on your finances.
3. No need to pay for new car fees.
A down payment is not the only expense you would have to make when you buy a new car. There are several other fees, such as taxes, processing, and other dealership-related fees.
Buying a used car, on the other hand, will help you avoid most of these additional expenses.
4. Reduced impact on the environment.
Last, but not the least, is that buying used is your greener option. Most car and environmental experts will tell you that keeping an old car rather than replacing it (in this case, buying a used one), puts less stress on the environment.
So there you have it. Hopefully, these four reasons are enough to make you change your mind about buying brand new and instead invest in a quality used automobile.