Buying a car is one of the most expensive purchases that a person can make in his life. Well, usually it is second after a house. Similarly, getting a new car can be even more expensive. But don’t panic. There is another available option if you still want to enjoy the services of a car. You can buy second hand cars Toowoomba dealers offerto save some money.
While there can be over priced used cars or cheaper new cars, there are more ways of cost saving as you stand to benefit from a used car besides the initially reduced price. Here are some of the ways.
There’s an old adage that says a new car loses thousands of dollars in value once driven out of the lot. This is usually very true as when you buy any of the Kia Cerato specials today, and then have to sell it in the next two years, you will it at a significantly lower price. While buying a car that’s a few years old does not mean that it will not depreciate, but the rate at which it will do will be so slow, and therefore, you will lose less money.
Sales Tax on New Cars
Many states subject new cars to sales taxes, which is not the case with second-hand cars. It’s the new car owners who will have to suffer the consequences of such taxes as they will have to buy the car at a higher price. By buying second hand cars Toowoomba market currently has, you escape this additional cost. Therefore, even if you wish to buy a new car, research on the prevailing state laws before you, and then take your decision.
Falling Registration Fees
The rate of registration fees usually is on the grounds of the value of a car as well as the year of manufacture of the model. In some states, registration fees for Mitsubishi Mirage specials, for example, may be high in the initial years but falls and levels off in the next years. If you live in a state with such rules, buying a used car would help to save a lot on registration fees.
Useless Extras on New Cars and Cheaper Features on Used Cars
Dealers always have this tendency where they install additional options like a protective film, pinstripe among other things that will hike up the price of a new car. However, these features do not affect the resale value of a car in any way. Buying a second-hand car will save you the extra charges of paying for stuff that you do not really want. Additionally, additional features in second hand cars Toowoomba dealers offer can still easily be gotten in an after-market at a cheaper price.
There are so many used cars that look as good as new cars Toowoomba market has today. The long-term costs of having a new car can really take a toll on your wallet. So if you are interested in more than just the smell of a new car, then a used car is a better choice.
For more information, visit at http://www.lenpatti.com.au/