why used cars are better than new?
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Depreciation: The number one reason why a used car can be better than a new one is that you can save a ton of money. ... During the first model year of any new car there are bound to be issues, so people who wait to buy them used will know what to expect because the issues will be well documented by previous owners.
167581
While it's true these cars were repaired, it's hard to know exactly how good the repairs were. However, if the car is approved by a trusted mechanic and if the repair quality is excellent, buying a used car with a rebuilt title can be a great way to get a good deal on a used vehicle.
462039
Generally speaking, an extended warranty on a used car sometimes isn't recommended. Warranty companies will do their homework on all types of cars and will know which models will be more likely to require repairs. ... Having said that, an extended warranty on a used car may be worth it if the vehicle is not very reliable.
1328000
Used rental cars are affordable and well-maintained, so budget shoppers may not mind the limited inventory and the extra mileage from past drivers. ... But used-car shoppers needn't worry. Former rental cars tend to be well-maintained, easy to buy and priced below-market.
794179
In general, new cars do lose value quickly. But due to a variety of factors, prices on used cars are indeed high right now. ... Also, a new car isn't always a bad idea. If you intend to own the car for many years — to drive the thing into the ground — then a new car can often be a good choice.
587220
Mileage Matters If you're buying a used car, mileage should be a huge factor in your decision. After all, a car's odometer is a measure of how much life it's lived — so a car with only 70,000 miles is worth a lot more than one that's covered 170,000 miles.
1026444
Used rental cars are affordable and well-maintained, so budget shoppers may not mind the limited inventory and the extra mileage from past drivers. ... Former rental cars tend to be well-maintained, easy to buy and priced below-market. Buying one from a major rental company is a lot like buying from a used-car dealership.
1423826
But the reason why today's cars are carrying all those plucks and flourishes is because that's what today's buyers want. ... The reason why today's cars are so expensive is that they're good enough that people will strain and strive to pay for them. In short, they're worth it.
1467297
Big rebound in used vehicle prices Bad if you're looking to buy, good if you're looking to trade or sell. ... If you're looking to sell or trade-in your car on a new one, now is the time to shop around. According to Cox Automotive data, the average value of a 3-year-old car pre-COVID was $19,270.
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One can understand why classic car enthusiasts believe that older cars are more reliable than more modern models. ... However, the general consensus seems to be that modern cars don't break down as often as older ones.
193409
Having said that, an extended warranty on a used car may be worth it if the vehicle is not very reliable. ... Further, make sure that the cost of the extended warranty isn't more than it should be compared to the cost of repairs that will be most likely to occur.
1239692
Modern cars are much safer than the automobiles of yesteryear. They're also more powerful and faster. ... This is the biggest single difference between cars of old and new cars: in old cars, you are distracted by pretty much nothing, while in modern cars, even inexpensive mass-market rides, you're distracted by ...
782532
Yes, it's worth buying an extended warranty on a used car. Since most major repairs won't arise until after the 3-year mark, the manufacturer's warranty likely won't provide coverage when you need it the most. This is why it's recommended to get an extended warranty on your used vehicle.
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When looking for a used car, Florida has some of the cheapest options available. As of 2016, used vehicles cost almost 10 percent less in Florida than they do nationwide. ... Wealthier residents in areas like Miami also sell their vehicles more frequently so it is a buyers' market for several reasons in Florida.
1351263
This is a sellers market for used Volvo's for sure. They depreciate fast because service and repairs can get extremely expensive, especially when deferred, which is very common. Their dealer network is also sparse or nonexistent in some areas, and so is service.
145509
There are enough people who can afford a new car that older cars devalue to a relatively low price. ... Britain imports cars as well as manufacturing them domestically so there's no shortage of them. Fuel prices also drive car prices. We pay a lot for fuel so older, less efficient cars become less attractive.
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Used Car Mileage Shopping Tips If the car has 100,000 miles on it, that's still nearly four years of driving to get to the average. In some cases, you can be fine buying a used car with 150,000 or even 200,000 miles on it, because maintenance helps them last far beyond what many people have come to expect.