There can be a lot of good reasons why it’s better to buy used or pre-loved cars. There are quite a lot of compelling choices to get a secondhand car despite the fact that there are a huge number of good, brand new choices available nowadays.
First, if there’s a particular model that you couldn’t afford before that you wanted so much to own several years ago, you may actually find one today with a much depreciated price. It could also be that you already have the cash needed to buy a car but you just don’t want to put up with years of payments like you might be required to do when getting a brand new car. You may have also seen a lot more value in a used car compared to a brand new car most especially if you only have a small business and you can save more cash if you do this.
However, you should also consider the fact that these used cars might already have its pitfalls. You can depend on the car’s reliability based on the manufacturer’s engineering, previous owner’s habit of driving and maintenance, as well as the mileage on the car, which is unlike a brand new car where you can actually expect everything to be running perfectly. You may want to keep the following things in mind whenever you plan to go for a used car:
You should expect that you will be replacing more parts the higher the mileage on the car. Changing little things can be relatively inexpensive such as fuel filters and brake pads, but you should also think about dealing with major items like getting a new A/C compressor, new radiator, or even things like transmission overhaul. You should also see to it that you get yourself a copy of the car’s periodic maintenance schedule so that you’ll exactly know what to do with the car.
Avoid being cheap. You can always be thrifty but avoid delaying replacements of worn parts because you’ll end up having to spend more. Keep in mind that delaying your replacements for the cooling system of your car will only create a domino-like effect.
You have to have enough budget for two things: initial car purchase and for necessary replacements. You might want to set aside, say 20% of the total price as your budget for fixing things. Doing so will guarantee you a budget to help you deal with all the parts that need to be replaced.
Never forget to do your research on the particular car. It is very important that you know the car’s reputation that you’re planning to buy and in order for you to do this, you should talk with somebody you know who owned that specific model you’re eyeing.