Living in an urban center where you need to move around quite a lot necessitates using a car. Buying a car is usually the goal of many. However, getting a new model is expensive for your budget vis-à-vis your daily needs. Unless you are the choosy type or you can afford getting one, used cars are the next best thing for you.
Not many people know that buying a used cars is one smart move. Besides, not many people also know the many benefits in getting a pre-owned car compared to owning a spanking new model you will use in buying groceries, in going to work and other chores. Meanwhile, you have your car age and bleed its depreciation cost when not in use.
Breaking down rate
Some people have the wrong notion that a used cars always breaks down when being used. This is completely not true, unless you bought yourself a truly broken down model that can hardly run.
A second hand car will not break down that easily simply because it has a higher mileage than a new car. You can drive long distances because you know its capabilities. It can go miles without experiencing a hard time.
The engine has a history of periodic fixing every time its previous owner visits a garage. You would know this judging how it performs and its history in mileage and the look of wear and tear.
Cost
The car you saw at the showroom is a reasonable car that you can drive right away without fear or worry simply because it is far cheaper than a new one. Second hand cars can be had after some bargaining. With new cars, you cannot bargain because agents believe you can afford the whole amount without asking for some reduction.
Depending on the age of your car, the pre-owned one has a slightly low price. A new model is very expensive because it had never been on the road before. A study showed that the new model sheds about 20% of its original price the moment it leaves the showroom. You can never sell it to anybody nor to the dealer at the price you paid it for.
Customizing
Since it is no longer in the same condition when it was new, your car would need some feature replacements now and then. You will then have the freedom to customize everything that fits your fancy on your car. (A new car needs to get worn out first for you to start replacing parts and repairing some).
A new car cannot be customized because you paid good cash in getting it for its looks and its condition. You cannot afford to have the money you paid for it going to waste. You will then have to wait it out (in years) to have your car get old before you can have your customization ideas work. By that time, you have the option of buying another car.
The economics of car buying can be worked out fine if you analyze how savings can be had with buying a new model or a second-hand one.
Car Sales 