| There are many reasons to buy a used car. It is a | | | | most states. A vehicle that is financed usually requires |
| financial decision and a personal choice. Financially, | | | | full coverage insurance. |
| buying a used car can have many benefits. If the | | | | Depending on the use of the vehicle, a pre-owned |
| vehicle has been well taken care of and has many | | | | auto can be more practical for some people. Older |
| miles left it can be a reliable source of transportation | | | | vehicles are more likely to have slight imperfections in |
| and a good investment. The price on a new or used | | | | paint or bumpers. For those with small children, they |
| car is one of the big factors. A used vehicle is usually | | | | are less likely to be upset the first time it gets |
| more affordable than a new one. A buyer can usually | | | | scratched or door dinged. The vehicle may already |
| find a solid used car in their price range. A more | | | | have one or two and this will blend in more. For those |
| affordable automobile leaves the buyer with more | | | | using a vehicle for a work truck or van, they have a |
| money in their pocket at the end of the month. With a | | | | solid reputation for being slightly damaged by workers |
| less expensive vehicle that is financed, the consumer | | | | and daily wear and tear. People may find themselves |
| will pay less interest over a shorter period. | | | | doing the minor paint repairs themselves instead of |
| Buying a used vehicle has several financial benefits. | | | | hiring a professional to take care of it. This saves |
| The older a vehicle is the lesser the value. Those that | | | | more money in the long run, as insurance companies |
| are less expensive have a lower sales tax charged on | | | | may not pay for these minor problems. |
| them. Lower car insurance on a used vehicle is | | | | A used car holds its value longer then a new vehicle. |
| another way someone can save money. An individual | | | | When a new vehicle is driven off the lot it depreciates |
| can obtain a cheaper rate of automobile insurance on | | | | tremendously. The first three years of a vehicle's life |
| a used car than its new counterpart. Paying for a | | | | sees a steady depreciation. From then, a car's value |
| vehicle outright rather than financing it will save interest | | | | seems to decline slightly as the years pass. |
| in the long run and requires only liability insurance in | | | | |