The U.S. auto industry began 2015 with some positive news: new car sales skyrocketed during 2014, thanks in part to lower gas prices but also thanks to a stable economy, and experts predicted that consumers would keep buying new cars well into 2015. But even though many consumers are realizing that it’s a great time to buy a new car, it’s important to remember that new cars aren’t necessarily better than used cars — and in fact, it’s also a really great time to buy a used car, too.
If you’re unsure about whether a used car would really be a good investment for you, here are just a few benefits of buying a used car:
- One of the first arguments the people often give against buying used cars is that you don’t get the chance to customize the car with features that you want, and you could end up paying more for features that you won’t use. But the thing is, if you visit some of your local used car dealers, you’ll find that there are tons of used vehicles to choose from. And think about it — with the amount of extra features that are available today, picking out everything yourself can actually be too stressful.
- Safety concerns also tend to influence new car sales. The idea is that, when you buy a used car, you’ll have to start making repairs on it right away. But as long as you don’t purchase a car that’s already falling apart, you’ll find that a used car can actually last for a while. Sure, there will be basic repairs needed for a car that’s three years old, but many used cars are still in pretty good shape.
- And finally, you can’t ignore prices when looking to buy a car! It’s no surprise that most used cars are substantially cheaper than any new cars — in fact, you’re likely to find some great choices at your closest used car dealer that are up to 40% cheaper than new cars.
So what do you think? Have we convinced you that used cars are good investments, or are you still determined to buy a new car? Be sure to let us know what you think over in the comments section!