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What are the advantages of a used car?

Updated: 8/19/2019
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13y ago

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Where I live, not only are license & car quintessential for traveling great distances in order to reach the job-place, but they're almost always explicitely demanded by the employers, meaning that one is to earn the license & buy a cheap car (even a microcar ought do) if they wish to be hired in the first place! All this despite my country's fairly high population density... I suspect the situation is similar elsewhere, too...

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Anonymous

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2y ago
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Anonymous

Lvl 1
2y ago
...kinda wish I could get my own questions answered...
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13y ago

The reason why so many people prefer to buy a used car instead of a new one is simple: money. Apart from collectibles and antiques, all cars depreciate in value. Most of the depreciation occurs in the first three years of the car's life. Even worse: the value drops dramatically as soon as the new car leaves the dealer's lot! People who buy a new vehicle pay thousands of dollars for a short-lived luxury of a 'new car scent'.

Since the late 90's the numbers of new car sales and leases have been rising substantially. All the people that bought or leased a new car traded in their older ones. Cars that have been leased come "off lease" in two or three years. This, plus the fact that cars last much longer than they used to, causes a huge supply of used cars. Therefore pre-owned vehicles are more competitively priced than ever, meaning you get more value for your money.

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9y ago

One of the advantages of using a car is that you can get to places quicker. You can also help transfer things easier with a car.

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