Buying a car is an exciting time, but it can be an expensive one too. However, you can save some serious cash by purchasing a used vehicle. In this post we’ll outline the advantages of buying used cars in phoenix over a new vehicle, from increased resale value to lower registration costs.
So without further ado, let’s take a look at the many reasons why buying used cars is better than brand spanking new ones.
- Better Warranties
Vehicles manufactured before 1996 are exempt from all warranty law, including the notorious lemon car warranties. This means you can buy a used car with no problem whatsoever if it turns out to be a lemon and it will be covered under your extended warranty or the car’s other manufactures.
The flipside of this is that if you buy a vehicle with an inadequate warranty then you will have to pay for repairs out of your own pocket, rather than receiving an affordable alternative from the manufacturer. However, this is not always the case as some manufacturers offer a number of post-purchase service options to customers.
- Lower Cost
A lot of things affect the cost of a car, but one major cost item is the price of registration. It’s generally cheaper to register a new car than used cars and second hand vehicles can decrease in value. However, used cars can increase in value as well and there are many auction venues where you can order your vehicle with an almost guaranteed resale value. In fact, many people buy their first car through auctions by simply using their budget and identifying the model they want before they place a bid.
- Better Fuel Economy
Car manufacturers use costly new technologies to boost fuel economy and it doesn’t always translate into savings for consumers. However, second hand vehicles are often cheaper to run because they have been manufactured by old models, meaning they are lighter and use less fuel. You’ll probably get better mpg out of a used car than you will from a new one too.
- Avoid Additional Cost Breaks
Used car sellers only have to pay a sales tax if the vehicle is worth over £3000. This may seem like a small saving, but for some people it’s enough to make them purchase new cars where possible so that they can benefit from the sales tax savings. It’s not always about the money though and some people simply prefer older vehicles because of their charm or history.