By Helen Wright


One cannot meet all the wants together instead one has to forego other things for others. This is attributed to inadequate finance to satisfy them. Some people have resorted to selling their vehicles to another person who buys used cars in order to get money to pay other important expenditures and daily needs. There are some reasons why people prefer used cars.

A second hand vehicle will have lower price tag than a newly purchased one. Although the automobile might have depreciated in value, it does not mean that it will not function well. That is why it is always rated at a cost slightly lower than the purchase price. This saves one a lot of money that can be used to generate extra investment.

New vehicles may look attractive and great but they include hidden fees such as transportation, shipping charges among others that make it expensive. Also they include advertising fee which you may not know. Purchasing a second-hand vehicle will save one such exaggerated costs although you will have to pay document fee which might not be as such expensive.

There are no extra costs that are incurred to install some nonimportant extras in a vehicle. The dealer might trick one onto buying other things that might not be necessary. When one buys an old vehicle, there a specific features that one looks into that very important. So, one will not end up spending extra coins in purchasing extra useless things. In case, one might need to install other extras, it is not as expensive as that of a new vehicle.

One enjoys lower insurance premiums. The insurance premium is calculated based on the current value of the car and the year of purchase. New vehicles will attract more premiums as they will include the depreciation value. So, a pre-owned vehicle rate of depreciation is low since the time gap between purchase and now is big, hence one will be charged a small amount of premium.

Pre-owned automobiles undergo slow depreciation which later lowers the cost of depreciating vehicle. The new vehicles depreciation rate is very faster for the first few years since purchase, which increases its cost. Although there are some attached after sale services such as warranties, depreciation cost must be met. Unlike new cars, used ones experience low depreciation cost, which might not be expensive.

When one plans to purchase something like a vehicle, he or she must consider the impact on the environment. Newly purchased vehicles release more carbon dioxide into the surrounding that old one. This is because they must be regularly tested if it functions well during manufacturing. Also, their surface is coated with lead, iron that is harmful to the general environment. Although such vehicles have some impacts on the environment, it is very minimal, hence it keeps the surrounding better.

Used vehicles help to reduce the rates of pollution to the environment. When vehicles are being manufactured, they release a lot of carbon dioxide into the atmosphere. The released air damages the Ozone layer whose work is preventing direct Ultraviolet rays from reaching the earth. UV rays are harmful to human health. Uses vehicles release less carbon dioxide which does not impact so much on the surrounding. Hence help keep the environment better.




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