“Purchasing a pre-owned car is a mistake” –another debunked old wives’ tale. With the increase of manufacture to supply the increasing demand of cars there are so many pre-owned cars in the market in extremely good condition. So why not buy them instead of incurring a major debt to afford a brand-new car? Read on to find out why you should stick with a pre-owned car.

Save A Few Hundred Bucks

If you trying to strike a balance between saving up a bit and purchasing a car, sticking with the pre-owned cars is the best option. Especially if your familyis on a budget and in need of a vehicle to move around the kids, a used car will be a great option. Also pre-owned cars have a great value if you are stuck with a tight budget or in need of a private mode of transportation urgently. Besides, it is a much better option to purchase a used car of a better model than sticking with a brand new car of an unreliable brand. Automotive enthusiasts can purchase well-reputed brands like Jaguar or Land Cruiser from popular dealers like Roadbend Motors

Pre-Owned Cars Minimize Depreciation

According to the experts, brand new cars depreciate about 20% when they are driven off the parking lot. Also most other cars will lose an additional amount of 10% in value during the first year. In total that is 30% of a value loss in just the first year. You can sidestep this disaster by purchasing a pre-owned car. Although year old vehicles are hard to come by, you can easily go ahead with a three or four year old vehicle as well.

They Bring Down Insurance Costs

The primary aspect in determining the cost of a car insurance policy is the price tag of the car. Since a pre-owned car has a relatively low price tag than a newer version, the cost of insurance will definitely draw a smile on your face. You can even save more money since certain parts of the car insurance can also be dropped.

They Reduce Registration Fees

According to the basic car insurance policies, the cost of registration of the car directly depends on the transaction. If new regulations demand to increase the registration fees, you will be less affected by the policies due to the satisfactory cost of the vehicle.

You Also Get More Bang for Your Buck

Another benefit in sticking with the good old used cars is the room they provide you to go ahead with any necessary remodelling or fixing up any sort of add-ons. It might not be the exact luxury car you always dreamt of. But it is a start and the pre-owned cars will provide you with a kick-start in getting there.

YouCan Drive in Peace

Although back then, buying a used car meant buying someone else’s problems, with the rising prices of the vehicles and the existence of other priorities, pre-owned cars seem like the best bet out there. If you are afraid of the hidden issues of the car that might show up when you are behind the wheel, you always have the option to go with a well-reputed dealership that is certified.

Are you planning to put your vehicle on the market after a few years of use? If so it is important to make sure you make your car look appealing to the next buyer. Here are some great pointers for that.

Keepthe Mileage Down

You might probably already know that the mileage of a vehicle is what keeps a value of a vehicle up and satisfactory. Your car might look amazingly new but the price of the car might be dependent on how many miles it has travelled. If you are making plans to sell the car after a few years, you should not drive through the country and jack up the mileage.

Constant Repairs

If you wish to sell the vehicle for a great price in a few months make sure you have put your vehicle through proper engine repairs from reputed mechanics. Your buyer might even bring along his or her own mechanic to check out the vehicle and even the engine, and make sure this inspection goes right so that they do not feel the need to bring down the price pointing out the repairs and the faulty engine.

Keepa Logbook of All Repairs and Maintenance

Your buyer might ask for a lot of information. Especially if they are willing to go ahead with the purchase. Since transparency is what they focus on then transparency is what you should offer. If you keep a logbook of all the repairs and maintenance work, you can even ask for a few more bucks from the savvy pre-owned car buyers.

AlwaysPark the Car in a Sheltered Place

It is extremely important to protect the vehicle physically if you are planning on putting it on the market soon. Sunlight and weather can cause major damages to the interiors as well as exteriors of the vehicle. Store the car in the garage for extra protection. Especially if you have given it a recent paint job.

AlwaysKeep the Vehicle Clean

The more your vehicle appears to be kept up, the more it will be worth to the next buyer. Since most people associate cleanliness with proper maintenance, the best way to get the customer hooked with a great price tag is hosing down the vehicle. Including the tires.

WhenIs The Right Time To Sell Your Car?

Observe the trends and try to relate to the ups and downs of the market. The demand for used cars might go down with a fuel price or increase and the demand might increase around the time when college sophomores start out.

Remember To Replace the Damaged Components

Talk to mechanics about this and determine what components should be done. But make sure that the repair prices do not outweigh the price you put on the vehicle. You might not want to worry about minor fixes. However there are simple fixes you actually would be able to go ahead with such as replacing a cracked windshield, replacing the lights, replacing the worn out tires and visible dents and scrapes. These might increase the value of the car tremendously.