Whether you are the first-time auto buyer or seasoned veteran there is always a tough decision to decide if you must go with the pre-owned or new car for the next purchase. We are going to overview a few used car wisdom as well as give you four amazing reasons for going pre-owned on the next car.
- Less Costly
Let us get obvious out of our way – in many cases you will save some money when buying used cars in chicago or probably quite a lot of money. When you buy the brand-new vehicle and take this around the block it is no longer new & value drops fast.
- Financing Rates and Terms
With the low manufacturer financing rates & longer terms accessible dealers can show you some attractive monthly payments over the new car but do not forget doing your math. Even the lower rate will actually add up 7 to 8 year financing term as well as growth of the certified pre-owned programs has narrowed this gap.
- Car History Reports
Perhaps your hesitation of buying used car is you do not know where it is and what you are getting and that is understandable, however, with the transparent reporting of using certain tools you get the good idea about what you are dealing with. The vehicle car history reports may not catch everything however you will get a few essential information:
- Any accident and damage history with complete details
- Number of earlier owners
- Mileage validation & maintenance records
- Previous registration status
If you are thinking it will be a big risk to buy used car as it will not last very long then you must do a little research. Based on many studies an average car on the road is more than 10 years old & that numbers go on increasing as vehicle manufacturers continue improving their car line-ups. The modern cars, SUVs and trucks just have the longer life-period than they were and that is the good news if you are in this market for the pre-owned vehicle.