12 Advantages of Buying a Used Car

Some people love the smell of a new car. But, even though a brand-new car has its advantages, buying a used car also has lots of good points, and many people think so too.

In fact, for every four car shoppers, three (out of 1,423 people asked) plan to buy a used car next, not a new one.

If you’re looking for a new (or newer) car and still need reasons to consider a used one, here are ten clear and not-so-obvious reasons why choosing a used car is a smart decision.

1. These Days, Cars Last Longer

Considering the aspect of reliability alone, opting for a secondhand car might have seemed less appealing a few decades ago compared to today’s standards. This could explain why other people insist on investing heavily in brand-new vehicles. 

But today’s reality is very different because cars and auto parts, especially those found at dealerships like CarHub North York Chrysler used cars dealer, are more reliable. With multiple models and manufacturers reaching or beyond the remarkable milestone of 200,000 kilometers, modern cars are built to last.

2. Environmental Advantages

Choosing a secondhand automobile might also benefit the environment. You may lessen the environmental impact and the need for new manufacturing by extending the life of current vehicles. 

Older automobiles also tend to have simpler electronics and materials, making them easier to maintain and repair over time and eventually reducing their carbon impact.

3. Upfront Cost Reductions 

As soon as you drive a brand-new car off the dealership lot, it depreciates (a lot!). According to some research, a car’s value might drop by as much as 20% in the first year and 10% in the first month alone. The rate of depreciation then decreases. 

Therefore, you spend a lot less when purchasing a secondhand car several years ago because the prior owner has already paid the initial depreciation impact. 

4. More Choices Based on Your Budget 

When searching for used cars, the depreciation factor is beneficial. Even if you’re looking at a few-year-old car, the pricing will be far lower than if you were only examining brand-new possibilities. This suggests that a wider variety of affordable options will be accessible. 

Imagine you have $13,500 to spend; options for brand-new cars, like small cars such as the Nissan Micra or Chevrolet Spark, might seem few. However, delve into the vast array of choices the used automobile market offers and discover hundreds of possibilities spanning various brands and models, including SUVs and trucks!

5. Lower Registration and Taxes

When buying a used car instead of a new one, there are often substantial savings on taxes and registration fees in many areas. This may result in significant savings both now and later on in the car’s life.

6. Thriving Used Car Market

Opting for a pre-owned vehicle expands your choices within your budget and provides an extensive selection to explore. Canada’s flourishing used car market creates an experience similar to purchasing a brand-new vehicle, offering a diverse range of quality choices.

Other options besides Kijiji, Craigslist, Autotrader, and Facebook Marketplace are available. Internet shops and dealerships are among the many reliable places to get goods and services. 

7. Find Any Car’s History Online 

Not understanding a used car’s past is one of the most common worries when purchasing one. However, that’s another concern from the past that most likely isn’t aware has passed. With a few mouse clicks or finger taps, you can quickly and easily verify the complete history of any car online, thanks to services like CarHub.

8. Purchase CPO for Added Assurance

Purchasing a secondhand car can occasionally be riskier than buying a new one. Used car sales conducted privately are one example. Certified Pre-Owned (CPO) cars are great and provide the most significant piece of mind. 

These are lightly used cars with flawless reconditioning and warranties supported by automakers or dealerships. They have undergone a thorough inspection process to guarantee they are free from mechanical issues and adhere to tight age and mileage restrictions.

9. Cheaper Auto Insurance 

Used car insurance is typically less expensive than new car insurance, though your specific prices and options may differ depending on your location and type of vehicle. This is due to the straightforward reality that insurance companies usually find it less expensive to replace used cars than new ones. 

10. Extended Warranty Protection

Even though new owners can easily get the original warranties from the factory, people who buy used cars can also get extra warranties after the first ones have finished.

Extended Warranty Protection is just one of the warranties that dealerships offer to cover used cars, especially any of their Certified Pre-Owned vehicles. Investing in a used car with an extended warranty is a great way to boost your confidence. 

11. Customization and Aftermarket Options

Purchasing a used vehicle offers countless opportunities for personalization and aftermarket adjustments. You might have greater freedom to customize your car to fit your tastes and preferences with a less initial outlay, whether adding performance upgrades or changing the sound system.

12. More Reviews & Support Online

Purchasing a used car also gives you access to a wealth of first-hand online information on the vehicle, such as YouTube reviews and posts from Facebook groups and car forums. You can find helpful information about car models on the market which offer easy ways to troubleshoot basic car issues.

Why Buying a Used Car Makes Perfect Sense

The stigma associated with buying a used automobile is gradually fading thanks to a growing used car industry, easily accessible vehicle history data, and the availability of Certified Pre-Owned choices. 

For today’s discriminating auto consumer, purchasing a used car becomes a sensible and advantageous option because of its many benefits, including cheaper upfront expenses, decreased depreciation, extended warranty protection, and abundant online information.