How and Why to Buy a Pre-Owned Car?

Alton Elliott
March 8, 2017
733 Views

Before we answer these very commonly asked questions, let’s just think this through. You want to buy a car and you have two options – you can either get a brand-new car from a showroom by shelling out every penny from your pocket or you can smartly opt for a pre-owned car.

With a huge selection of pre-owned cars nowadays, it is still considered as an achievement to buy it from here. However, it comes with some amount of risk, especially if the buyer has no idea as to what they need to do to grab the best deal without getting scammed by the unscrupulous dealer and agents. Therefore, it is highly recommended that the buyers guard themselves with all the necessary research by collecting the needed information about the pre-owned car they wish to buy.

Buying a pre-owned car was never easy. It requires time and dedication and not to mention hours and hours of research. It especially gets tough if the buyer doesn’t exactly know what he wishes to buy. Once the buyer zeros down the car, he must research all about the particular car. He can get all the necessary information through various online portals.

Consider the Benefits of Buying a Used Car

A car expert said, “In three years a brand-new car could depreciate by as much as 73 percent of its value. At the best it will retain only 62 percent of its value after three years. That’s one major advantage to buying a used car.” So, why do you want to throw away your money by investing in a new car? Within the same budget, you could rather get a recent, high-quality used car.

Of late, certified pre-owned cars are being sold widely. So, buying a certified used car will give you peace of mind as those cars will be as good as any new car! You can easily find dealers that sell best certified used cars in Mumbai or any other city. Pre-owned cars are generally 1 to 3 years old, thus most of them will still be covered by the factory warranty.

There are 2 ways to buy a pre-owned car. First, you can pay cash and the second option for you is to take out a loan. Several established used car dealers also offer EMI options to their customers.

On the whole, in today’s generation, the smart way of buying a car is through a used car dealership.

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