why do some people rather buy used cars then new cars?

Answer 1

if you buy used cars you cn get the same car that you can find new from a lot cheaper.. i bought a used 2004 van last year with like 24000 miles and got it for 15, 000 less then a new van and it only had 24000 miles which is prettt much the same as new

Answer 2

Here are the main reasons why people buy used cars.

1) They are (obviously) cheaper.

2) You can buy a low mileage 2-3 year old car, that is essentially like new, and buy it for half the cost of new... as someone else has already eaten all the depreciation. Plus they still have remaining factory warranty, and you can buy an extended warranty.

3) If buying for a teenager/first time driver, or for a daily driver/work vehicle, a good used car is best because it's less costly on insurance as well.

4) Depending on how the car's used, some people may not want to mess up a new car...ie. Work vehicles, pickups used for hauling, etc.

5) Some people simply can't AFFORD a new vehicle.

6) Some "used" high performance cars can become valuable with age...for instance, older Corvettes, Mustangs, etc... assuming of course someone hasn't run it to death.

I personally buy 2 year old vehicles as per #2 above. If you are picky and find a nice, low mileage vehicle you will have no problems, and more money in your pocket.

Hope this answer helped.

Answer 3

Because they cost much less money than a new one. Many times the cars that people trade off are only 2 or 3 years old, and will still be like new, and in many cases will still look the same as a new model car. Sometimes they will have problems, and many times they will not be under waranty anymore, but the cost of fixing it will usually still be less than the cost of a new car.

Answer 4

Because a car depreciates the minute the wheels leave the lot. Some people prefer to let others take that depreciation hit and pay much less for a late model used car.

Answer 5

1) Not enough money for a new car.
2) Like the styling of the older models better.
3) Older cars are easier for shadetree mechanics to work on.
4) What is old on the outside might be brand new on the inside. (hotrodding)

Answer 6

A new car loses quite a bit of value as soon as you drive it off the lot. Boom- it's now used! lol

A car that is a couple of years old, or even 10 years old, is not going to have any factory defects. They would have all been worked out and the car has gained a reputation already.

Answer 7

Because new cars depreciate so much right when you drive them off the lot, it makes them a bad investment. You get your money's worth with a used car, because they've already depreciated. By then you should know whether the car's a "lemon" or not, too. Always look for used car that comes with its service records.

Answer 8

I have been thinking about this and I think the best way to go would to buy a used car from someone you trust that you personally know. This way they get a good price and you can get a good price and leave out the middle man.

Answer 9

for some cars if you cant afford the initial outlay, a used car would make sense if you absolutely have to have that make eg,
a 2006 MBenz s500 is 75000+ but a 2002/3 is about 35-40,000,
the warranty on programcars(certified) preowned is often better than new car.
My brother in law is just too miserly to buy a new car even though he can afford it!

Answer 10

It's ALWAYS cheaper to pay cash and buy used and not pay a monthly bill. Even averaging $500.00 a year on repairs is cheaper than 12 payments. Some years it may cost more than $500 and some years it will cost nothing. Payments come every month.