Well, here is an unpopular opinion; buying a used car is among the most budget-aware and eco-friendly things you will ever do, provided you bought a good one! With a maintained used car comes a better engine, efficient combustion, fewer emissions, and fuel economy. That will also mean low maintenance costs.
And yet, some people are so afraid of investing in a used car that they can pay off in a few months that they instead invest in a new buy until it gets repossessed. Catch our drift? The myths about used-car-buying don’t let us have the good things in life.
Myth #1: Used Cars Belong in A Junk Yard
A used car has been through multiple owners and could be defective, but that is why car dealerships run full diagnostics on every trade-in to ensure they are not dealing in faulty cars. If a trade-in is in a terrible condition beyond remediation, why do you think it would be on display at a car dealership? We’re talking AAA-certified car mechanics with reputations on the line. Why would they OK junk cars?
Myth #2: They Will Eat into Your Back Balance
Folks assume that getting a used car is a downed investment, that it will give a lower mileage and eat up money in ongoing maintenance costs. Not always true; see, if you have bought a used car from a legitimate car dealership, you have the car’s entire history handed out to you. Any faulty parts or damages have been fixed. And if the model is recent with high mileage, that’s another bonus.
Myth #3: You’re Better Off Buying a Low Mileage One
This tricky myth can hinder a lot of logical thinking. If a used car is a year old since its first purchase with around 20,000 – 40,000 miles on the odometer, then it’s on target with relatively good mileage, even if it seems low on the first look. The pre-owned 2018 Toyota C-HR that we have on hand is a prime example, with around 75,225 miles on the odometer. However, suppose a car from 2011 with multiple owners and about 80,000 miles; that indicates the car has troubles.
Myth #4: You’re Better Off Buying a New One
If your budget needs a loan to top the amount for a used car, consider the stability of your income; only then go ahead. Many people with limited income opt for a new car on a lease, take a loan, or pay in installments. And since it’s a new car, the costs are high, and often the car gets repossessed. Yes, a new car is good, but the financial security a used car brings is even better.
Myth #5: It’s a Lemon Under the Hood!
When life gives you lemons, you pay no mind to such opinions. A lemon is a vehicle that is so flawed in design that it gets recalled by the manufacturer from affected customers and dealerships. If you have researched several preferred car models, then there is no chance you might even come across a lemon at a legitimate car dealership!
Luxury European Cars, serving the borough of trees, Brooklyn, NY, goes a step ahead in easing your used car experience by providing excellent, used European makes for leasing. You can save thousands on trading in a much-loved car for a better model and even apply for financing.
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