Why is the younger generation buying old cars instead of new ones in New Zealand?

by Esteem Car Second Hand Used Car Dealers Avondale

If you are hunting for the best used car dealers South Auckland, you are on the right page. We get it that a slick and new car has caught your eye.

The television ads will draw you to a dealership to see the new car. But is the new car right for you? It has all the bells and whistles and an attractive financing option.

There are many reasons to purchase a used car. You might think, but yes, it is a shameless promotion to purchase a used car. Buying a used car will save you cash. It provides the same satisfaction as that a new car.

It will also provide quality transportation for many years to come.

Buying a used car can save you cash.

On average, the price of a used car is almost 50% lower than a new car. You will be able to pay off the best used car dealers South Auckland much faster. Consumers can switch cars at an average of 6 years after purchase. If you pay 10000 dollars for a used car instead of 20000 dollars for a new one, you can go for a nicer car for your next vehicle. You also have the option to buy another 10000 dollar worth of wheeler.

Any deal on a new car might look great. But, many new cars have hidden or crazy fees such as shipping charges. It may also include destination fees and dealer preparation.

The used car has no exaggerated fees.

Some new cars include hidden advertising fees for as high as $1000. The used car does not have any such fees. But, you might get a documentation fee from the best used car dealers in South Auckland, which can be a few hundred dollars.

It has a lower insurance premium.

If you are in an accident with a new car, then insurance will pay for what the car is worth. It will leave a gap between the purchase price and what the vehicle is worth. Gap insurance is unnecessary for a used car as depreciation has already happened.

The used car gives you a warranty.

Some used cars still have parts of their original warranty. Another used car may have the option of forming a new warranty. An extended manufacturer warranty on a used car can provide a trained technician to repair your cheap cars for sale in West Auckland with quality parts and speedy service.

The used car has lower customization costs.

When buying a used car, there is no need to settle for expensive dealership add-ons. You may install your car at a lower cost than a new car. What a great way to spend the cash when buying a used car.

Bulk Depreciation has already happened for a used car.

Consumers can complain about how fast a car can depreciate. It is as soon as you drive off the lot. The value of a new car can drop about 11% on the drive home. It means that 20000 dollar auto will cost you 17800 dollars once it exits the lot.