Buying a used car can be a minefield, but doing a diligent inspection will reduce your chances of ending up with buyer’s remorse. When looking into Volkswagen Passat Cars for Sale or Volkswagen Jetta Cars for Sale some research on the web and talking to friends and family can help you a great deal. Buying a used car means you can save a lot of money. However, used cars are often more expensive to maintain and you run greater risks of being misled. You should think through the benefits and drawbacks of buying a used car before you decide whether it is right for you. Here’s a list of tips and advice on how to buy a used car.
It is common knowledge that once a new car drives off the lot, its value depreciates immediately. In the first two years of ownership, a new car can lose about 30% of its original value. And if you decide to sell your new car a few years after you buy it, you’re going to lose a lot more money in the re-sale than if you had bought it used. If depreciation is your enemy when buying new, it’s definitely your best bud when looking into Volkswagen Passat Cars for Sale or Volkswagen Jetta Cars for Sale. There isn’t much difference between a brand new car and a two year old car. By buying a car brand new, you’re basically paying 30% more than you need to. That’s a big mark-up for that new car smell. You can save even more money if you decide to buy older cars that have more miles on them.
Because used cars are cheaper than brand new cars, you effectively widen the selection of cars you can purchase. Instead of being merely a dream, luxury and sports cars enter the realm of possibility. If you look hard enough, you can find some awesome Volkswagen Passat Cars for Sale or Volkswagen Jetta Cars for Sale for super cheap when you buy used.
If you buy a considerably older used car, you can save money on car insurance by only getting the state mandated minimum coverage. If your car is worth less than 10 times the premium on your insurance, it’s probably not worth getting comprehensive coverage.
When looking into Volkswagen Passat Cars for Sale or Volkswagen Jetta Cars for Sale you have two possible sellers: a private owner or a dealership. Each has its advantages and disadvantages. When you buy from a person who put an ad in the paper or on specialized websites, you can often find some really good deals. You can find an older car with low mileage because the little old lady who owned the car only drove it to church and the grocery store. The car might smell like mothballs, but you’ll enjoy the sweet scent of saved cash.
The dealership has the Certified Pre-Owned Program advantage. A CPO vehicle undergoes rigorous mechanical and cosmetic inspection before it’s put on sale. Moreover, CPO cars are often covered by a warranty beyond the original factory warranty which includes items like roadside assistance. Buying a CPO vehicle can give you the peace of mind that the car you’re buying is in great condition and not a piece of crap.