According to a survey Pakistani’s spent more than 30-35 lacs on new vehicles. Meanwhile, according to a report, an average used car cost just over 10 lacs. That new car smell sure has expensive air freshener. Apart from this, there are many other reasons to buy a new car. At the same time, it makes sense to buy a used car it will save you from unwanted expenses. I have compiled 10 reasons to buy a used car.
First and the most obvious reason is saving money. You will save lacs by purchasing a used car. If your budget is tight and you can’t buy a new car, you will be able to buy a used car easily within that budget. It helps you to keep your budget maintained. But if you have money, you can use it somewhere else like buying something fancy or investing it somewhere reliable.
According to the survey report, your car cost decreased by 46% within 3 years. It does not matter who many miles you ride it around.
Buying a new car as an investment is a very bad idea. Cars last longer and longer but they still lose their value in a very short period of time. While there are some models that can handle depreciation better than others. According to a report a car can lose up to 50% of its value within 9 years. So it is not a good idea to buy a new car.
If you buy a new car, you have a wide range of variety. You can choose according to your taste. According to a survey, every year approximately 300 models are offered on sale. We all have different taste. There are also chances that may be the car we want is not made anymore. But luckily we can find that model from the used car market. For examples, there are not many small pickups made nowadays but you can find a wide range of it from the used car market.
Remember the 1970’s vehicles? Those vehicles do not last long as compared to vehicles nowadays. According to a survey a car lifespan changes from 5 years to 11.5 years of age. The auto industry predicts that by 2020, the lifespan of automobiles increases by 15%.
Clearly, Modern vehicles are built to last longer, which means you can save your millions from buying a used car.
Lower Insurance Costs
Your car’s value is the main item that your insurance company considers. If you buy a new car, insurance costs too much but if you buy a used car it will also cost you lower insurance.
Cheaper Registration Fees
Older cars often cost less register fee but it also depends on where you live. There are some states that charged the same fee no matter what kind of car you are registering. But mostly vary their cost based on car’s weight, model, age, power etc. The used car also saved you from paying less tax as the used car price is low.
Buying a used car is much riskier than buying a new car. Because you don’t know where the car has bee and how it was treated. And also there are no guarantees if a problem arises as compared to a new car.
There is an old saying: You don’t get something for anything? That also applies when you decided to save millions by buying a used car rather than a new car.
The good news is that today’s vehicles are better than ever. They are reliable and most importantly you can check the vehicle history report containing the important details about the car’s past.
Looking for Recommendation?
If you are looking for a car showroom near Islamabad and surrounding, i would like to recommend “The Car Spot” showroom in F-11 Markaz, Islamabad. It is the best showroom in the entire area. The prices of the vehicles are reasonable and the condition of the vehicles is excellent. If you want to define vehicles condition in numbers, i will give it 9.5 over 10. You can also find the latest models there. You can also try a demo ride. The car Spot showroom is a brand in that area. I myself bought 2 used cars from there during last 5 years. Both are working completely fine. There is no damage or hardware fault.
How Can Izloo Classified Help?
As you all know Izloo Classified provides you the opportunity to post free ads on this site. Izloo classified provides free ads for used cars as well. It is up to you what kind of ad you want to put for your used car. We also provide reviews of different cars models. You can also learn the advantages and disadvantages of buying a car model from here.
Izloo Classified also helps you to find the customer for your ad. Izloo also gives you the opportunity to deal with the buyer or seller of your used vehicles face to face. From Izloo Classified paid membership you can also boost up your classified ad and set your ad as featured. This feature will help you to show your ads to maximum people and it will be easy for you to find the right customer for your vehicle.
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