So, you’ve started the process of shopping for your next vehicle. There are plenty of new and used cars in Dhanbad to choose from, but unless price is no object and you don’t care about getting the best bargain, you should go used.
Even though many car shoppers are drawn to the new car smell and the idea of being a car’s first owner, buying used cars in Dhanbad is by far the superior choice. This remains true whether you’re comparing cars based on price, value, reliability, safety or any other standard besides age. Let’s go more in-depth and see what makes a used car the right move.
1. A Used Car Won’t Depreciate as Quickly as a New Car
There are very few cars out there that get more valuable with age. Exotic supercars and classic cars are the rare types of vehicles that can increase in value, but even with those cars, this isn’t always the case. And for all other types of cars, value follows a clear path.
There’s the car’s initial value when it’s new, and one thing all new cars have in common is that they’re overpriced. There’s an immediate drop when the car goes from new to used, which is the second you take it off the lot. Although that drop is the most prominent, the car will continue to depreciate a solid amount during the first few years. After that, depreciation will be much slower.
What this means is that when you buy a new car, you’re buying something that is going to lose a substantial amount of its value right away and over those first few years. If you buy a used car instead, you’re getting something that has already gone through its largest drops in value.
2. You Get More for Your Money with Dhanbad Used Cars
Because of the way new cars lose value so quickly, you can get a much better deal simply by option for a used car instead of a new one. This is true at any price point, but if you have a limited budget, it’s even more important that you go with a used car, as your new car options will be very limited.
For example, let’s say that you can afford a standard new sedan from one of the most popular manufacturers, such as Toyota or Honda. If that’s the car you want, it’s smart to see what the prices are for the same make and model from the previous model year or another recent model year. You can save quite a bit of money for a car that performs almost exactly the same.
Many dealers also have cars available through certified pre-owned programs. These are usually cars that were leased, which means the owner had to take good care of it and stay within certain mileage limits per year. With these programs, you can get a high-quality, almost-new car at a lower cost.
If you’re interested in seeing what your budget could get you, check out used cars from luxury manufacturers. You may find that for about as much as you’d pay for that new sedan, you could get a luxury car from a recent model year.
3. Used Cars Can Be Just as Reliable
“Peace of mind” is something buyers often mention when asked why they went with a new car. They feel like a new car will be more reliable and safer. They also don’t need to worry that the car has been through some disaster that the seller is hiding, such as a flash flood.
This may have been true in the 1970s, but with today’s technology, these are silly concerns. Cars are lasting longer than ever, and an inexpensive used car could easily make it well past 200,000 miles.
You don’t know everything a used car has been through, but you can get a good idea by pulling up a vehicle history report. These are available online with just a few clicks, or the seller might have one already.
And remember that just because a car is new, that doesn’t always mean it’s reliable. Think about how many times issues aren’t discovered until after a car is released.
It can be overwhelming when you see all the cars that are currently on the market. One easy way to narrow down your search and make sure you get the best value is sticking to used cars Dhanbad.