Thursday, August 15, 2019

Being Practical and Saving Good Money


These days, Used Car Sales Brisbane might be enjoying some brisk sales, if they haven’t been already. Today, people are already practical in many of their ways, more so with regards to their money, their car, their homes and their lifestyles.

In the instance of cars, people have come to realize that a new car is unnecessary and a big waste of good money simply for being impractical. New cars are overpriced, and have the associated fees, subsequent costs, and losses by way of depreciation through the years.

People have come to appreciate that a slightly-used car (two years or under and has only 30,000 miles on it) can help keep the cash in the pocket and still has quality with it. Some of the following points can help you check it out yourself.

Low cost

Buying used cars is still the better bargain compared to getting new cars, unless you want one at any cost. It is why you can buy a 2007 Porsche for the price of a 2011 Honda. Someone bought the Porsche for $50,000. Now, the worth is $25,000.

In 2008, a new car is $25,536 before taxes and fees. That car could now be around $13,000. Do you like to be the original owner who lost $13,000 or the second owner who saves that much?

A one or two-year-old car still depreciates, but not as much as the first owner got hit with. You will lose less money less quickly.

Sales tax

Ads for new cars gloss over the tax part. Many state laws, however, subject the new cars to state sales tax. Used cars are not, especially if buying them from private sellers. There is considerable sales tax that dealers add to the price of the new car.

This can add up to thousands of dollars and you have to pay for it since it is added onto the price of your new car without your knowing it.

Extras

Dealers usually install additional dealer options. They can come in as pinstripes, a protective film or the old standard “anti-rust coating”. However, new car owners can easily get these add-ons at a much lower cost from an after-market installer.

The sad part is that these do not add anything to the car’s resale value. Buying a used car may not get you the feature you want, but you will not end up paying for something extra that you did not ask for.

Condition

Cars these days are built to last for at least a hundred thousand miles so you need not have to sacrifice reliability and overall condition in order to have a good deal on a used car. You can always get a used car that is scratch-free and in excellent mechanical shape.

If you know something about cars, you should be able to find one that is in “like new” condition. However, if you are not comfortable under the hood, you can rely on certification programs and extended long-term warranties most car makers offer. The biggest benefit you might find is the manufacturer’s warranty for used cars.