Why You Should Consider Buying a Second Hand Car

It may not be quite as glamorous or exciting as driving a shiny, brand new car off the dealer's lot, but buying a second hand car can save you a lot of money. Here's why. The simplest reason here is that cars depreciate in value very quickly. So quickly, in fact, that by the time they are three years old, they will only be worth around 60 or 70 percent of their initial purchase price. Then there's the issue of maintenance. True, a new car will require less maintenance, and will probably be covered by the manufacturer's warranty, but you will also be running the risk of factory and design flaws, meaning potential recalls, or having to be without your car for extended periods anyway.