Advantages and disadvantages of a used car?

Answer 1

There are real advantages to buying a used car. The buyer of a used

car avoids some of the depreciation costs, which can be up to 40%

of its value in the first two years. Sometimes, buyers can afford more

options and luxury items when they purchase a used car. Many

consumers feel that they can arrange a better deal with less hassle if

they buy directly from the owner of the car.

Buying a used car can have disadvantages as well. One important

disadvantage is that often the most maintenance-free time of the

cars life is during the first two years. Some used cars have serious

hidden defects with limited or no warranty coverage. It is sometimes

difficult to determine whether the car was maintained properly by its

previous owner. The used car may not have all the desirable safety

or technical features of a new car. The selection of models,

equipment, and colors may be limited.