Used car purchase gets more attractive as economy bites

With the high cost of brand new vehicles and its growing inaccessibility to both the low income earners and the middle class and aside from dodging the premium price tag that comes with buying brand new, buying a used car if done correctly can give you a discount. These are some of the reasons you should consider buying used.

The first main benefit you’ll see when comparing new and used vehicles is the reduced price. Many dealers sell ‘pre-registered cars, which are technically classed as ‘used’. A pre-registered car is one that has been registered in the name of the dealership, meaning when you buy it that you’re classed as the second owner, resulting in great savings for you.

When you look through used cars, it can be hard to decipher what a good deal actually is. With so many factors to take into consideration including mileage, age and MPG to name a few, it can be confusing.

At some used car shops dealerships today, some used cars are ranked fair, good, or excellent, with all of the above factors, and more, taken into consideration, so you know if you’re getting a good deal.

Finance options. You can get just as good finance options with used cars as you can new cars, so buying used ones doesn’t necessarily mean you have to save up a huge deposit.

Manufacturers as represented by their dealerships like to look after their vehicles once they are purchased so they can maximise after sales revenue. As a result, many will offer service and MOT packages to make sure their cars keep returning to them.

If the car you’re buying has stayed with its manufacturer for its servicing, it’ll likely come with an ‘approved used’ badge, meaning it still carries the manufacturer’s warranty.