Benefits of purchasing a used car
When the time comes to consider buying your next car, there can be so many factors that come into play, such as should I buy new or used, should I consider an electric car and what can I get for my money.
Not only do you need to consider your current situation, you may need to make provisions should your circumstances change in the near future.
What we will discuss:
- Benefits of a used car
- They can be more affordable
- You are looking for a specific specification
- What to look for in a used car
Benefits of a used car
Firstly, you should know that the term “used car” refers to anything that has been previously owned. Therefore, the car itself could have anything from just a few miles on the clock to thousands of miles on the clock.
Below we have exactly the same vehicle however, one is a used vehicle and the other a new vehicle with the only difference being a year in age. This can save you almost £4,000 by purchasing a quality used car over a brand-new model.
With only 3,627 miles on the clock, some may even consider this used car as new! This just shows how important it is to keep your options open when it comes to your car buying journey. Used does not mean inferior or outdated.
Used cars can be more affordable
As we’ve established, used cars, on the most part, have a much cheaper upfront cost than a brand-new car which can be appealing to those who have less budget to spend on their next car.
It’s widely speculated that as soon as a car is driven off the forecourt, it loses value, which is seemingly reflected in the price comparison above. Similarly, once a new registration is launched, the previous registration depletes in value.
It’s important to find the right balance here between buying a car that is very low cost as the quality of the car is likely to be poorer, meaning more repairs will be required over the lifetime of the car. Here at Perrys Used Car Outlet, we only stock quality used cars that have a combination of low mileage and a young age.
You can find unique specification
If you have a specific specification in mind that is not available in the new car range, you are more likely to find what you are looking for with a quality used car instead. For example, you may have your eye on a limited-edition model or a certain colour that has been discontinued therefore, a used car is the only way to get hold of this model and specification.
These types of cars can often hold their value better as they are more sought after, so when the time comes to part exchange you can expect a better return.
What to look for in a used car
When you start the search for your next car, you should consider the following to find the right car for you.
This should be an important consideration, especially if you will be doing long journeys on a regular basis as you can soon rack up the miles. The more miles the car has done, the harder the engine has worked therefore, it may not run as efficiently as a car with lower mileage.
You should also consider the mileage if you would eventually want to part exchange the car in, when the time comes, as cars with higher mileage will attract a much lower price.
The age of the car should also be considered, especially if the mileage is higher. A combination of high mileage and old age can make the car less efficient and less reliable. It can also make it less desirable when the time comes to part exchange.
As we’ve alluded to previously in this article, price should not be the only consideration. However, it’s good to have an idea of your budget before you start your search. By only looking for low-cost cars, you are limiting yourself on quality as you are less likely to find a car with low mileage if your budget is too tight.
Here at Perrys Used Car Outlet, we can help you find affordable car finance to suit your circumstances, so you don’t have to limit yourself to what you can afford as a lump sum. If you’re ready to start your car buying journey, speak to the friendly team at Perrys Used Car Outlet in Doncaster, Luton or Milton Keynes and we would be happy to help guide you to your next used car.