The Benefits of Buying Pre-Owned Versus Brand New Cars in Calgary - Autos - Cars

<p>Buying a new car is going to be more expensive than buying a pre-owned car. Based on recent statistics, the price gap between new and used cars is widening. One of the latest figures from a research agency showed that the average price (exclusive of taxes and fees) of a brand new car is at least $26,000. The average price of pre-owned cars, on the other hand, started at $8,000 in 2008. That translates to more than 300% savings for potential buyers if they opt for used cars.</p>

<p>Car loans are usually steeper if consumers opt for new cars. Though buyers will pay a smaller amount every month, the total contract price, inclusive of the interest and other fees, will be more expensive compared to the original quote. A quality used car can still provide long term service to the owner when used properly. There are many sources where prospective buyers can acquire used cars, but experts recommend obtaining used cars from licensed dealers.</p>

<p>Quality: Nowadays, cars are built to last longer, with the advancement of technology and cheaper materials. However, there is a common misconception among car buyers that brand new cars last longer than older ones. However, this may not always be true, since the life span of a car relies on proper maintenance and the driver's behavior.</p>

<p>Truth be told, many used cars can provide their owners more than 100,000 miles. A new car can give topnotch performance for up to ten years, and a used car can also provide the same service, provided it is well maintained. The used Cadillac Calgary dealers sell will not only help prospective buyers save money in the long run, but provide reliable service for years to come.</p>

<p>Cost: While brand new cars are shiny and have that great new car smell, they automatically depreciate once they are driven off the lot by their new owners. The price depreciation is particularly steep during the first three years. As newer models are developed and released on the market, a former brand new car's value will only decrease even more. The price will continue to drop until the owner decides to sell his car to a dealer. Experts advise buyers of used Calgary BMW vehicles to purchase used vehicles that are at least two years old, and in great condition.</p>

<p>Sales Tax: The sticker price attached to a brand new car isn't its final price. Buyers will still have to pay sales tax and other miscellaneous fees once the purchase is confirmed. This is why more people prefer buying used Calgary cars to save money. In these tough economic times, it simply makes more sense to purchase reliable used vehicles.
</p>

<br><br><br><br><a href="http://iautoblog.com">iAutoblog</a> the premier <a href="http://iautoblog.com">autoblogger</a> software

Posted in: