Save Your Cash By Purchasing An Older Vehicle Rather Than A New One

By John Joseph

Brand-new cars are very attractive especially sitting in one for the first time and yet there are good reasons to purchase one that is a couple of years old. Purchasing a new car is one area I was warned against in the past by my grandmother. A vehicle that was around the two year mark with not so much mileage is what she said I needed. Based on her thoughts, any car I acquired should be running well and if there had been anything needing attention, this would already have been carried out.

There are additional positive aspects to purchasing a moderately older car in addition to those above which I still follow now whenever I decide to purchase a car. I will now expand further on why buying a car that is not overly old can result in saving you a lot of money.

Right after buying a new car, it can be worth a few thousand less immediately after you leave the car showroom and is something you may not have considered. A sale transaction of say $25,000 for a new car will not have been beneficial for you even if you think it was. The amount may be as low as $20,000 when you wave goodbye to the car dealer. The loss of $5,000 dollars can occur in that short space of time and those initial miles covered.

Splash out on a new vehicle, if you think I am really being too alarmist here. If you do, only travel in it straight to your home. When it comes to the amount your car would be worth the next day, just go back to the place you bought the car and see how much they would be prepared to give you. In the space of a 24-hour interval, you may find that the car you paid $25,000 for has a suggested trade price in the range of $15,000 to $20,000.

Over time this has been the standard way of doing things. There are cases now where for as much as 30 days a dealer will give you the full original value back if you are trading in your car. You will still be $5000 down the moment those 30 days have elapsed. You might even make a bigger loss if you try to locate a buyer for your car yourself.

The above really only just begins to scratch the surface of what is offered concerning car hire zarragona airport. What I have found is it really just depends on your goals and needs as it relates to your unique situation. Just be sure you pick those items that will serve your requirements the most. You realize that you are ultimately the one who knows which will have the highest impact. But let's keep going due to the fact we have some exceptional tips for you to give serious attention. A two year old car will not likely bear that kind of deficit when you are purchasing it from a car dealer in the same way. In cases where there have been issues with the car these should have previously been solved as my grandmother originally stated. The value for money associated with a lower mileage older car is greater than purchasing a new car from a car dealership when you take all of this into consideration.

It is just something to take into account the next time you are making plans for getting a new car. If you do not object to passing up on that new car smell you can end up getting a much better deal.

About the Author:

Car leasing guide and teaching relocation specialists are subjects which John Joseph is intestered in.