A while ago, used cars had a bad reputation and most people did not prefer buying them no matter the circumstances. Even though they were cheaper and locally available, most people went to auto dealers to buy new cars thinking that they are better. With time, things have changed with economy making people more cautious about spending money and hence start buying used cars which are more affordable. In addition, the government have consumer protection laws which protect the interests of consumers. With these laws, it is financially safe to buy a used car from any dealer. Here are some reasons why buying used cars from Sam Stevens Motors is reasonable:
Most people fear buying used cars because they may end up using a lot of money repairing them. Although this may be true, you can sign a 3 year warranty as well as a private insurance cover before buying the used cars to have a guarantee that the car will not require intensive repairs after you’ve bought it.
Buying a new car in not only expensive but also requires you to have a good credit score. If you credit history is bad, you may be able to buy a new car due to the credit needed. However, buying a used car is affordable because they are cheap and the dealer can still sell the car to you even if your credit history is not that good.
Normally, a new car depreciates faster than a used car right after buying. Just after 3 years of purchasing a new car, it can drop 30-40% of its value depending on factors such as repair and maintenance services and its model. On the other hand, a used car has already lost its value and losing 10-15% three years after it has been purchased is a significant difference. Since, used cars loses value at a slower rate than new cars, buying a used car from a reputable dealer is the best option.
It is obvious that used cars costs less than new cars even though they are similar. Therefore, you may end up buying a used car which you couldn’t have afforded if it were new. It is however important to understand that used cars are well maintained to look and feel new. Your main objective should be getting a good car worth your money and you can definitely get this from SAM STEVENS MOTORS.
Besides the low cost of buying a used car, you will also save money when it comes to auto insuring a used car. When compared to a new car, insurance rates of used cars are usually lower and more affordable. You just need to do a little research to get the right insurance company that will cover all your requirements at an affordable cost. You should however avoid choosing the cheapest option because it may not be the right choice for you.
When buying a new car, you’ve a slight advantage in warranty because most of them come with 100,000 mile per 10 year warranty. However, you can still transfer this warranty when buying used cars. Hence, if you buy a used car with 20,000 miles coverage, you still have a warranty cover for 80,000 miles.
When buying a used car, it is advisable to take your time a do a research on eBay, newspapers, local dealers, Craigslist and want Ads. You should also have a mechanic with you to assess the car you are about to buy and advice accordingly. Finally, make sure you read the contract and understand it before signing to avoid future problems after you’ve already bought the car.