Deciding to buy a vehicle is a huge commitment and it’s not always easy to know where to begin. It’s all too simple to be pulled into those glossy TV commercials advertising the latest vehicle or the promise of “low, low deals” at every showroom you pass. There is such a thing as too much choice!
Of course, it’s tempting to blow all your budget on a brand new car. After all, it’ll look great, it’ll have the latest gadgets and mod-cons and the financing options always look manageable. However, if you want to have a great car and save yourself some money you might want to consider buying used.
There’s no shame in buying a used car. And you can push those images of old rust buckets and bangers with billowing black smoke out of your mind, as these days a used car is often something that’s had one owner from new and is usually just a few years old.
Need more convincing? Here we’ll explore the pros of buying a used car and what every driver should know.
Your insurance premiums will be lower
We’re all hoping to get the cheapest premiums possible in Australia, by comparing car insurance online. However one of the easiest and simplest ways you can lower your monthly payments is by choosing a used vehicle. You can simply compare prices online for the used cars that you like the look of, it really is that simple. Not to mention, that if you are involved in a crash then your insurance will pay out what they believe your car is worth at the time of the crash. If you buy new then you probably won’t get the full price you’ve just paid for it.
It sounds obvious, but that’s because it’s true. The prices of used cars will vary, however, they’ll always be cheaper than their brand new counterpart. If you purchase a used vehicle on finance, you’ll pay it off much faster than you would a new car. With the money you’ve saved from purchasing a used car this time around, you could always upgrade to a new one for your next vehicle.
No secret or additional fees
When you buy a used car, you’re buying exactly that, a used car. It’s a simple and straightforward transaction. If you choose to purchase a new car then you could be looking at thousands of dollars of hidden fees. From freight, delivery or handling charges, to dealer preparation fees, admin costs, fabric protection packages, and even extended warranties. With a used vehicle you can cut straight to the chase, get your car and go.
And finally, the car is certified
If you’re buying second hand from a dealership in Australia, then you don’t need to worry about the safety or quality of your vehicle. Any vehicle being sold as second-hand needs to be fully certified, inspected and refurbished. You’ll also receive a warranty and other benefits that only apply to used car purchases, in order words – you’re getting total peace of mind. You won’t get any of these assurances with a new car, simply because it’s never been owned by anyone else before.