For those people who have only ever purchased new cars throughout their life, buying a used car can instil a substantial amount of varying thoughts. Old, dilapidated, rusty, unsafe. Whilst there may be a selection of used cars that can be associated with these words, the majority of used cars are just as good as their brand new counterparts and in a large amount of cases, are considerably better value for money.
Purchasing a new car brings with it a certain allure and a sense of prestige, as the car has come direct from the manufacturer and will have been driven only one or two miles. However, the primary problem with new cars is that they almost never hold their value, with most new cars losing up to thirty percent of their initial price tag within the first twelve months and a further thirty to forty percent being lost over the following four years.
As used cars are just that, cars that have already been used, their price tag will already have decreased from when it was a brand new vehicle and therefore the car is more likely to hold its value, as there is less value to lose before it reaches a plateau.
Furthermore, people believe new cars are safer, as they have come direct from the factory with only new and unused parts. Whilst the latter part of this is true, the first is not necessarily so, as a lot of problems that cars are subject to, other than those that are to be expected due to general wear and tear, happen within the first year of
the car being purchased from new. They may only be small, are likely to be because of a fault with the machinery in the factory and will be covered under the warranty of the car, but the time spent having to take the car to and from the dealership can be time that is valuable to the car owner and this can therefore be a major inconvenience.
Whilst no one can say for certain that a car is going to be completely safe, used cars all have a history and therefore any problems that have or have not arisen will be noted and a decision to purchase the car can be made on whether the potential buyer feels comfortable with the safety history of the car.
For example, there are several cars that suffer from major engine faults due to a problem with the head gasket, requiring for it to be skimmed, cleaned and replaced. If a problem like this had been apparent in the history of a used car, the buyer could base their decision on whether they believe the car is safe enough for them (which if it has been properly resolved, then it is likely that it will be).
This same process cannot be said for new cars, as they have no history and therefore no previous problems that can be noted. Although this may seem like a positive aspect initially, many people look at it on the fact that it has not had any problems as it has not had the opportunity for any problems to arise, making a used car a much safer choice.
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