Whether your current car is on its last legs or you just fancy a change, you might be considering whether to replace it with a new or used car. It’s easy to see why a new car is appealing. There’s something about driving in a car that no one else has ever owned or driven- but these benefits come at a cost. New cars are often at the top of the price mark, and if the model is still pretty new, you might find that you don’t have as much choice over the color and design.
While they may not be new or exclusively yours, pre-owned cars come with a number of benefits- with the most obvious being that they’re usually a lot cheaper. Here are 3 reasons why buying a used car is better than buying a new one:
1. Better Value For Money
If you’re being careful with your money, then a used car is a much more financially friendly option. Even if there are absolutely no signs that a car has been used by somebody else, the price will be knocked down simply for the fact that the car is no longer new.
This makes buying a used car a great option if you’re looking for a more luxurious model. Brand new top-of-the range models can often make a huge dent in your money bag, while buying the same model that is used will get you the exact same car at a much cheaper price.
If you’re looking to find used cars in Ottawa, then why not head over to My Car to see what models are currently available? They offer a range of cars, SUVs and trucks at a range of different mileages, and you can also make the most of their finance options should you please.
2. Your Insurance Shouldn’t Be Affected
Some people think that buying a used car can put the price of your insurance up- but if anything, it’s quite the opposite. Car insurance is determined by a number of factors, such as the driver’s age, where they live, any accident claims or points on license and much more. And while new cars may contain better security features that could reduce the cost of your insurance, going second hand is still usually the cheaper option.
A new car is obviously going to be more expensive to fix if you get into a collision, and insurers will be all-to-aware of this. Since a secondhand car often uses cheaper parts, your insurance shouldn’t be as high.
3. You Have So Many Options
Shopping for your used car is so much fun. You can take your pick from a wide variety of different makes, models and colors-and if you want the new car experience, you could search around for cars with a low mileage.
You may end up feeling spoilt for choice!