BENEFITS OF BUYING A FAIRLY USED CAR - Tokunbo Cars Blog

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BENEFITS OF BUYING A FAIRLY USED CAR

This article will help you know what value you will get before getting a used car and also the benefits of buying a fairly used car will be mentioned in detail. 

Most people love it when their cars have all the latest gadgets and technology since it will make the car look good, but not everyone can get all the things they desire in a car. 

For most people, the only way of getting the car of their choice and the devices they want installed in their car is by purchasing a fairly used car. 

BENEFITS OF BUYING A FAIRLY USED CAR

Having the budget and desire of having everything installed in your car for a low price can only be achieved by buying a fairly used car. 

In the automobile industry today, the fairly used car market has taken a very high rise. People who can’t afford to buy a car that is out of their reach can always buy a fairly used car.

The benefits of purchasing a fairly used car are listed below:

Having the budget and desire of having everything installed in your car for a low price can only be achieved by buying a fairly used car. 

In the automobile industry today, the fairly used car market has taken a very high rise. People who can’t afford to buy a car that is out of their reach can always buy a fairly used car.

The benefits of buying a fairly used car are listed below:

1. Cost Reduction;

Not everyone can afford a brand new car, even though having a car will make your daily activities easier for you. That is why buying a fairly used car will help a lot, meaning the price of a fairly used car will be 30%-40% less than the actual value of the brand new product of that car. In fact, in some cases you could get lucky enough to buy a fairly used car for 50% of the actual value of a brand new car. 

2. Depreciation rate is less;

When comparing a fairly used car with a newly bought car, you’ll discover that the depreciation rate of a fairly used car is less than that of a brand new car. Most times, when selling a brand new car after using it for 2 years, the value of the car will be reduced by 30%-40%.  Whereas, when checking the depreciation rates for fairly used cars, you will find out that the car is just 10-15% depreciated. Thus, after reselling the used car again, your loss will be equal to zero. 

Also see:PURCHASING A FAIRLY USED CAR?

3. Inspections;

There are a lot of big organizations that buy and sell used cars, just like ImportDeals.ng. Whenever automobile companies purchase fairly used cars, they make sure  that the cars undergo thorough inspection before buying them. 

This is very essential and the cars are always administered by the organizations to make sure that the cars get enough points to be sold again. Apart from the certification and inspection of the car, automakers also provide the buyers with extended warranty, roadside assistance, insurance and many others.

4. Decent Condition;

We don’t need to be worried about the condition of fairly used cars anymore, with new designs coming into the automobile industry every year,. Most rich people sell their cars after just one year of usage. Hence, the condition of a fairly used car is almost the same as that of a new car, but then you can’t always get a fairly used car in the perfect condition except if the car is high-priced.

5. Cheaper Insurance;

Since everything related to a fairly used car is less expensive, similarly the insurance is also cheaper to buy, which means the cost of insuring the car will also be cheap, this can help you save some money that you can spend on registration of the car or other car tags.

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About the Author: Feyikemi Sogebi

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