Why you should buy a used car
You’ve heard it all before. Buy a used car because a car is a depreciating asset and when you buy a new car it loses much of its value the very minute you drive it off the showroom floor.
And, why spend so much on something that will only lose you money in the long run?
However, buying a brand new car is thrilling. If you are in the market to purchase a vehicle that is fairly luxurious then buying it brand new, out of the box is a wonderful feeling. For most of us, we cannot afford to throw money into driving a car that is brand new and of a luxury range. And so, we all tend to look at
For most of us, we cannot afford to throw money into driving a car that is brand new and of a luxury range. And so, we all tend to look at second-hand cars that are far more cost-effective.
However, there is the powerful argument that when you buy “used” you are actually buying other people’s problems. This might have been true years ago but nowadays the second-hand car industry is a booming one and there are are some fierce guidelines in place with the appropriate paperwork to ensure that only safe, reliable and roadworthy vehicles are being sold. Of course, there are some cars that will be sold which appear to be in pristine condition and yet within months they start giving problems. But this is the nature of the
Of course, there are some cars that will be sold which appear to be in pristine condition and yet within months they start giving problems. But this is the nature of the second-hand vehicle marketplace.
Everyone knows that there are risks involved and that it is very possible that what you thought was in perfect working condition was actually only one sharp turn around a tiny corner away from breaking down. However, nowadays second hand cars are well looked after and some car makes are very long lasting. Meaning that they are actually a very good buy.
There are as many arguments to underpin why you should consider a brand new car as there are to buy a used car. However, buying a used car can really assist you financially and in the long run.
Here are the arguments for buying a used car.
You will save money if you buy right
Really, you will save money. It’s really just not worth it to buy a brand new car. You could buy it, drive it around the block and see the price drop by at the least twenty thousand rand. By around three years of age your brand new car, no matter how well you looked ater her, will be worth little more than half of what you paid initially. What’s more, insurance on a used car is often less than on a new car and these monetary savings will ultimately be pumped into maintenance and services. But the difference between a grand and five hundred rand on insurance each month is quite substantial to the average South African.
Used cars are still reliable
The cars of the past did not age well. They rusted easily, they broke down after too much mileage on the clock and they required a lot of care. Nowadays, the owner doesn’t even have to actively try and keep the car in pristine condition, they can simply do what is necessary and the car will remain a viable vehicle. This means that many people are able to purchase second hand cars with the security and knowledge that their vehicle can be trusted. This is especially true if you choose a brand of vehicle manufacturer who is known for delivering quality and who has monopolised the industry for long enough. A fine example is Volkswagen. Used Volkswagens for sale can be found all over South Africa and all over online. A quick search of “VW used cars for sale” will bring up endless results of the different types of used Volkswagen models and you are bound to find the type of vehicle you like. What’s more, it is fairly easy to find Volkswagen service centres or at least mechanics who can easily work on the car and who has connections to finding spares.
You do actually know what you are buying
The old argument of you are buying other people’s problems has some validity but nowadays you do actually know full well what it is that you are buying. Vehicle history reports are so easily accessed when you are given the VIN of the vehicle you are considering. This report is essential to obtain as then you can find out all the necessary information about the car’s history. You can find out the number of previous owners, whether it has ever been used as a taxi or a rental car or whether it has always been driven for personal use alone. You can find out about any accident history and any major repairs. This report is very important to you as a potential purchaser and it is also the information that a seller might find difficult to tell you.