Know the Exclusive Benefits of Buying Used Cars over the New

It is quite possible that the slick and new vehicle attracts your eyes. The television Ads are drawing your attention to buy the brand new car. However, are you taking the right decision? Is purchasing a new car is the best option for you? If you have a doubt, you can opt for the used vehicles.

There are several reasons to buy the used vehicle. Buying the used car not only helps you to save your money but also provides you with the same satisfaction as a new car and provides quality transportation for the upcoming years.

Here are some of the pointers that indicate buying the used car is a viable option for you-

1.    Buying the Used Car Saves Your Money

On average, the used car prices are 50% less as compared to the brand new car. You can able to pay for the used car easier as compared to the new models. It helps in saving your financing fees. The consumers switch to a new car at an average of 6 years after the purchase of the previous one. Hence, if you are buying a used car in the place of a new one, you can save the rest to buy another car after 6 years. Whether looking for Singapore export cars or other used cars, you can choose a reliable supplier who provides various models of used cars to customers at attractive deals.

2.    Low Insurance Premiums

If you face an accident with the new car, the insurance will pay what the vehicle is worth at that time, making a gap between the buying price and the current worth. That’s where the gap insurance plays an important role. The gap insurance will help you to cover what you have paid for the new car and what is the depreciation value of the car. It will increase the insurance premium. The gap insurance is not the necessity in case of used car.

3.    Good for The Environment

Almost a quarter of the carbon dioxide a car produces during its lifespan is at the manufacturing and the initial shipment. However, buying the used vehicle will reduce the production of carbon dioxide in the environment. Additionally, the used car puts less impact on the environment as compared to new or hybrid cars. In the hybrid cars, nickel-metal hybride, lead-acid and the lithium-ions are used that have huge environmental impact.

4.    Higher Warranties

Some used cars still have their original warranty. Other used vehicles have options to create or buy new warranty. You can get the extended manufacturing warranty on your used car from the factory technicians and replace your existing parts of the used car with the high quality parts and services. Addition to this, you can spend your savings and have a warranty that covers everything.

These are some of the benefits of buying the used car.  However, when you are looking for the cheapest used car in Singapore or from other location, you can consult with a reliable supplier who has a wide stock of used cars.