If you can do without the “new car smell” buying a used vehicle is the way to go. There are many benefits to buying used, and one of the most important is the money you can save. Simply put, buying a used car is always going to save you money. And since there are so many used cars on the market, you should not have any issues finding what you want at a price you can afford.
How can you save by purchasing a used car? The biggest savings will come on the price of the car. Did you know that a car depreciates the most during its first year on the road? By purchasing a car that is one year old you can avoid all this depreciation, while still getting a vehicle that has low miles and many more years of good service to offer.
To go along with this, you can also save by avoiding particular costs that are standard on new cars. This includes items such as transportation fees, advertising charges, and other hidden costs that always seem to pop up during the new car buying process. When you purchase used you will be able to avoid the majority, if not all of these miscellaneous fees.
Don’t forget about tax. The lower the price of the car the less you will pay in tax. And if you live in a state with a high tax rate, this can save you several hundred dollars or more depending on the cost of the car. For example, compare a purchase of $20k to $10k at a six percent tax rate. If you buy the new car for $20k you will pay $1,200 in taxes. But if you opt for the less expensive used car you will only pay $600. As you can see, not only are you saving $10k on the car itself but also $600 on taxes.
You can save tons of money by purchasing a used car. For more information on getting the best deal read the car buying guide at Carsforgirls.com. With this information, plus what you already know about how much you can save, it is safe to say that you will end up getting a great deal on a quality car.