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Used vehicles don’t need as many repairs as they used to. These days, cars are engineered to last longer than they once were. As a result, many used cars are more dependable than you’d think. You can also get a fairly new used car that’s only two- or three years old with many modern amenities at a fraction of the cost of buying new.
Even if you buy from a dealer, it’s good practice to walk around the vehicle and give it a brief but detailed inspection before test-driving. Furthermore, you should have an idea of a particular make and model’s value before negotiating.
Price - This is generally the biggest determining factor when purchasing a car. Buying used allows you to get a great car at a much lower price. Oftentimes, buyers can even purchase a nicer model for much less.
Depreciation - New cars lose value immediately upon driving them off of the dealership lot. Purchasing a used vehicle allows you to avoid major depreciation costs and get a vehicle at its true value.
Insurance - Insurance rates are affected by the age of a car so used vehicles often come with much lower insurance rates.
First comes the year of registration. A car which has travelled 14,000-18,000km and is about 3-5 year old, is the best buy. Check the vehicle's odometer to compare it to the manufacturing year. Remember, odometers can be tampered, whether electronic or mechanical.
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