Buying Tips from Edmunds.com How to Buy a Used Car
If you've decided to buy a used car, you've already made a smart decision. You can get a car that's as good as a brand-new car, without suffering the depreciation that wallops new car buyers. That means, a new car buyer could be hit with a market value loss of $7,500 or more in just one year.
Used cars — even only one year old — are 20 to 30 percent cheaper than new cars. But there are other good reasons to buy a used car:
1. You'll save money on insurance
2. The glut of cars coming off lease makes creampuffs easy pickings
3. Unlike with new cars, which are priced to the penny, bigger bargains are possible for the smart used-car shopper Furthermore, the classic reasons to avoid used cars — lack of reliability and the expense of repairs — are less of an issue.
Consider these related thoughts:
1. Used cars are more reliable today than ever before
2. Many used cars are still under the factory warranty
3. Most new car lease returns are in great shape and you can easily buy extended warranties on these vehicles.
4. The history of a used car can easily be traced using the VIN number - Free AutoCheck Vehicle History Reports
5. Financing used cars has never been easier — click here to fill out our credit application
6. The money saved by buying a used car can be invested or saved to use on items