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In my humble opinion, you should choose a used car because you can save a lot of money and throughout this article, I will explain why.
Used cars in the past tended to have a bad reputation; I do not know whether that had anything to do with those who were selling them or how they were sold. But these days, you can very easily pick up a good used car for half the money it costs you to buy a new car.
One of the biggest problems when you buy a new car is this, the minute you roll it out of the dealership it immediately drops in value. This as you know is called depreciation and the newer the car the greater the depreciation, additionally the more a car costs the more money it loses during its first few years on the road.
On top of that, you also have to pay taxes and when the purchase price is higher, you inevitably pay more taxes. Additionally you must also consider insurance, the more the car costs the greater the likelihood that you will have to spend more money to insure it.
So with it all these factors to consider, I think you would agree that choosing a used car can in effect be a wise decision. You will get more value for your dollar and you can get more car as well.
The other factor is this, most manufacturers do a great job in building the car, the reason for this is simple, there is a lot of competition in the marketplace, so if their car does not meet the standard then they will lose a significant amount of market share. So these days, cars generally last longer.
It is also worthwhile noting that many manufacturers guarantee the car for longer and one company, BMW, pays for all the maintenance and warranty for four years and fifty thousand miles. Trust me, when people can service the car for free they tend to do it without question.
So which models should you consider so that you can get the most for your money? Of course, there are many factors to consider when choosing a vehicle, one of the most important factors is budget. The good news is there are multiple top used cars available to fit any budget.
At the lower end of the spectrum, you could go for a Honda civic. In actual fact, most Honda models all the way up the chain are a good choice. This also applies to Toyota. Nissan and their luxury sister models infinity are also a good choice.
When it comes to BMW, I would suggest staying with the smaller engines; generally speaking, the 3 series models are good.
Sometimes the fewer bells and whistles the better, as less can go wrong. When seeking out those top used cars don't be afraid to ask to have them inspected by an independent technician. This way you can get objective information relative to the overall condition of the car.
In general, the Japanese models tend to be the best when it comes to gas mileage and reliability and this as I am sure you are aware is very important, especially considering the volatility that surrounds the oil markets.
All in all, there are many good used cars out there and there are lots of resources online such as Edmunds to help you make an educated decision.
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