| Here is a list of the disadvantages of used | | | | * The original owner of the car received the |
| car buying: | | | | depreciation hit. The market value of the new |
| | | | car decreases from year to year. An average |
| * The options of cars are limited, so the | | | | 30% of its value within three years from the |
| search for the right vehicle could be | | | | time it was bought, so buying their car would |
| lengthy. | | | | save you a lot of money. |
| | | | |
| * The buyers have no idea how the car was | | | | * Unlike purchasing a new vehicle with high |
| treated. Used cars usually have worn | | | | insurance fees, you will receive a lower cost |
| consumables such as hoses, tires, shocks, | | | | of insurance if you choose to buy second hand |
| filters, fans and clutch. | | | | cars. |
| | | | |
| * Although used car dealers provide a | | | | * Although buying new cars and used cars both |
| warranty, it is only limited to a couple of | | | | provide loans, lease, or money-saving the |
| months unlike purchasing a new car with full | | | | majority of dealers who sell second hand cars |
| warranty. Certain maintenance on your | | | | often have shorter loan terms. |
| purchased used car could be more expensive. | | | | |
| | | | * If your investment is decided based on |
| * Purchasing a second-hand vehicle would | | | | appearance and gas mileage, choosing a second |
| offer you a lower trade-in value. | | | | hand car would guarantee the value and |
| | | | reliability it has provided over the years. |
| * The main disadvantage of purchasing used | | | | |
| cars is that it has an unknown quantity. | | | | * A used car would provide your dollar more |
| Whether the dealer has worked the vehicle to | | | | flexibility. Compared from buying a new car |
| make it attractive for the test drive, the | | | | that would eat all your finances, buying a |
| buyers are still unaware of the repair bills, | | | | second hand car would allow you to purchase |
| economical issues, and its reliable | | | | other accessories such as air conditioning |
| transportation. | | | | that would cost approximately US$200 to $900 |
| | | | extra. |
| * It is difficult to negotiate fair financing | | | | |
| terms on an older vehicle. | | | | Buying your used car could waste your money |
| | | | if you fail to do your research, compare |
| Advantages - On the other side, buying a used | | | | dealerships, and be aware of the car's market |
| car could benefit the buyer in several ways: | | | | value. Be a wise used-car buyer. |
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