Why buy a used car?

October 4, 2017

Buying a car is not always easy. A used car can be of incredible value. One of the reasons being that second-hand cars are much cheaper than new cars, as the previous owner has absorbed some of the depreciation, which means lower financing costs. So what you get is a vehicle that costs a fraction of its market price and likely has low mileage.

 

Another few perks to buying a used car:

 

  • You pay less in sales tax and insurance premiums when you buy a used car.

  • We all know that a new car loses value once it exits the dealership, but that’s not the case with a used car. Because it’s already depreciated considerably, a used car won’t lose as much annual resale value.

  • Your teenage has a learner’s permit, now’s a good time to consider a used car while you lock-up your new car in the garage. Just make sure they keep up with maintenance by visiting a qualified service center!

  • Looking for a new hobby? Consider finding an older Datsun or Volkswagen Panel Van for your garage-time hobby.

  • Motor plan and warranty: "If you buy a car less than five years old, you could still benefit from the balance of the motor plan and warranty which will be transferred with the car.

 

Let's help you Own your car this October

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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