If there’s one thing we’ve learned from years of helping our customers find and buy their next car, it’s that a lot of them are unsure about whether they should buy new or used. It’s easy to see why; a new car can seem like an investment in the future, while hyundai used cars Melbourne can feel like throwing money away on something that’s been owned by someone else.
But here at harrison hyundai service, we’re here to tell you that buying a used car is actually the smarter choice for lots of reasons! Let us explain.
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Used cars are less expensive than new ones.
Everyone knows that used cars are cheaper than new ones, but why? Why would you pay more for a car that’s been driven by someone else when you can get one that has already depreciated in value?
You might think this is counterintuitive, but it really makes sense when you consider the fact that used cars have been driven by many people and have therefore depreciated in value. Because of this, they’re cheaper to purchase and maintain than a brand-new one. In most cases, buying a used car means saving money on gas as well as maintenance costs—which can add up fast if you’re driving an expensive model or going for long distances every day!
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Used cars tend to have less depreciation.
Depreciation can be a good thing. In the same way that you might get a raise on your salary, your car’s value will increase over time. When you go to sell it, you’ll get more money than what you paid for it originally. This is called depreciation. The opposite of depreciation is appreciation—the opposite of increasing in value.
In other words, if something appreciates then its value increases and if something depreciates then its value decreases over time (like an old house). It’s important to understand that when we refer to “depreciation” here at Auto Finance Authority we’re talking about the difference between what you paid for the vehicle and its current market value (what another person would pay). By definition then this means that if there is no depreciation there must also be no appreciation!
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You can buy a car with more features for the money.
You can get a lot more for your money when you buy a used car. You will be able to buy a better car for the same amount of money, or get more features for the same price.
For example, if you were thinking about buying an Audi A4 and its price was $40,000 new (the MSRP), but then you found out that there’s one with fewer miles on it that cost $25,000 because it’s been used before—you could probably go ahead and consider getting that one instead since it costs less than half as much as the new one!
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Used cars are often less expensive to insure.
One of the benefits of buying a used car is that you might be able to lower your insurance premiums. Insurance companies will base their rates on the cost of repairing your vehicle in case of an accident, and they usually charge more for newer models because they are more expensive to repair. You may also be able to get discounts if you have no accidents or speeding tickets on your record.
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There’s lots of reasons, but these five will make you want to visit in person!
You can save a lot of money when you buy a used car. A new car loses value as soon as it leaves the dealership, so you pay more for less. hyundai used cars Melbourne are less expensive than new ones and have less depreciation over time.
You’ll get more for your money with a used vehicle because it won’t have all the features offered in brand-new models—and sometimes even some of those features are optional! The best part is that you can still get great deals on late model vehicles that were built just last year or last week!
If you want to save even more money, consider buying an older vehicle instead of something newer—you’ll be able to find plenty of options in excellent condition at great prices if your budget isn’t very large. Plus these older models tend not to depreciate quite as quickly…but they may require regular maintenance over time (which obviously isn’t free).
Harrison hyundai service know that buying a new car can be a very expensive proposition, but it doesn’t have to be. Come down today and take one out for a test drive— sure you’ll love what you see!
