Second-hand Cars: A Savvy Consumer's Guide

By Author: Biswajit Pattnaik
Total Articles: 7
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The choice between a new or used car depends on many factors and is a very personal decision based on an individual's finances and needs. Buying a new car is tough on the wallet. Apart from that, a loan to procure a new car may end up paying more interest over time. New cars also have higher insurance costs than used or second-hand car models! Let's find out how buying second-hand or pre-owned cars is beneficial to customers.

It Cost Less

You already know this. Used cars are much cheaper than buying a new vehicle. So if you want to save some money, look for your preferred model from a few years ago.

Low Depreciation

The resale value of a new car will decrease tremendously after its first ride. What most people don't know is that new cars keep losing value at a high rate in their first year. Sometimes it may be up to 40% of the purchase value. A used car depreciates at a much slower rate after years. So, buying second-hand cars is a much better investment than a new one.

Lower insurance rates

Another little-known truth is that second-hand cars have lower monthly insurance prices than ...
... new cars. So the savings of buying a used car are evident every month in the form of the monthly premium in addition to the sticker price.

Many Used Cars Include a Warranty

The topic of warranty is one of the most frequently asked questions when buying a secondhand car. There are still many used automobiles with factory warranties. Most car leasers return their vehicles after three years with two years remaining on the five-year warranty. When you see a used car on the lot, it has likely undergone a thorough inspection, been given an extended warranty, and is a Certified Pre-Owned vehicle.

Avoid Hidden Fees

Used cars won’t saddle you with hidden costs. Leading second-hand car dealers like CARBAAZAR in Bhubaneswar never quote any secret price on their offer. 

Best Options

Extras like roof racks, rust-proof coatings, and sunroofs do not affect the price of a used car as much as the same extras would cost on a new vehicle.

Selection

You can pick and choose the color, and model on second-hand cars for sale in Bhubaneswar. They offer the opportunity to shop the different models and styles you prefer.

Conclusion

The used car market is a convenient place for first-time drivers. It is perfect for those looking for a good car in an affordable price range. If your budget is tight and you’re looking for a pre-owned car, then CARBAAZAR is the right place for your search. Here you can find hundreds of used car models including entry-level vehicles. Rest assured that you will get the best price in the market. If you’re looking to buy second-hand cars in Bhubaneswar contact and chat with CARBAAZAR. They can help you find the perfect car for all your needs! So that you can take your preferred car with confidence.