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Used Cars Review Guide
Get the best online car shopping experience with expert reviews of Used Cars Review. Read more to learn about the most important features and important factors to consider when researching Used Cars Review.
OverviewUSED CARS REVIEW
One of the first considerations you take as a car buyer is deciding whether to look for a used car or a new car. It's no secret that many new cars lose nearly half their value in the first three years after they're sold. Used cars can save you a lot of money upfront and over the long term, as you won't be paying as much interest. A common thought is that used cars are less reliable, but modern vehicles are more reliable than ever, and many brands have more consumer trust than ever before.
Less DepreciationNew cars depreciate at around 20% as soon as you drive them off the lot. In the following year, most cars lose up to an additional 10% of their value. By year three, many cars have lost nearly half their original value. Buying a used car that's two or three years old means that someone else took the depreciation hit. The most cost-effective way to buy and own a car is to buy a lightly used car after the largest depreciation, and then drive it for as long as you can.
Stretch Your DollarBuying a used car at least two or three years older than the current model year can stretch your car-buying dollar by allowing you to move up in trims and options for less. For example, if you spend $30,000 on a new car, that might only get you the base trim in some models. However, if that same vehicle is three years old, you might get the top or near the top trim for the same amount.
ReliabilityNew cars, especially redesigned models, don't have any reliability history. There's a reason why recalls often happen within the first year a vehicle is released. If you buy a used car, then you'll easily be able to find what problems to avoid and what models have them.
FlexibilityWhen you buy a used car instead of a new one, it's important to be flexible about what you want and what's most important. With a new car, you can customize nearly everything about it. With a used car, you may have to choose a different color or trim level in order to get better mileage numbers or a cleaner history. You might also have to consider a different model entirely if the model you're looking for is hard to find with the options you want.
Safety FeaturesSafety technology evolves and develops quickly, which means that new features become available with nearly every model year. Buying used can sometimes make it more difficult to get the latest technology.
Fuel EconomyLike with safety features, newer cars tend to get more fuel-efficient as technology improves. It's important to consider the age of the vehicle, the fuel economy, and the discount you can earn when buying it used before actually making a decision.
Used Car Reviews
4.8 OUT OF 5 (38 Reviews)