Why a second hand car is more practical?
Updated on September 21 2023
Buying a second hand car is one of the most practical ways to get your own set of wheels. But some people have second thoughts about buying a used car.
Brand new cars have many advantages like dealer warranty, after-sales support, and of course, the coveted new car smell, but buying second-hand cars also has its own perks. What are these advantages? Read on and find out.
1. Lower depreciation
New cars depreciate faster than used cars. When you buy new, it depreciates 20% to 30% as soon as you drive it off the dealership. In the first three years, it drops further by up to 50%. This is one of the biggest benefits of buying a second-hand car. The previous owner has already taken the brunt of the depreciation of the unit. As long as the unit is well-maintained, you can sell the second-hand car for almost the same amount in the future.
Depending on the brand and model, some cars depreciate less than others. For example, brands like Toyota, Isuzu, and Mitsubishi, known for reliability and low maintenance costs, have great resale value.
2. You can contribute to the environment
Buying a secondhand car can be helpful to the environment. Manufacturing has a huge impact on the environment and cars are no exception. Since you will be using something that is already registered and on the road, you won’t be adding to the traffic since there is no need to roll off a new car from the dealership.
3. Makes owning a car within reach
We all dream of driving our own set of four wheels, but not everyone has the budget for them. Check the used car market, however, and you might find some of them to be priced within your budget. Even luxury cars from the European brands can often be found used for a fraction of their original costs. Just be wary of higher maintenance costs.
4. You get to own classic cars
Some iconic models have unfortunately been discontinued because they could not adapt to newer environmental legislations, but through the secondhand market, you may still be able to own a classic Volkswagen Beetle, Tamaraw FX, and others through platforms like Automart.PH.
Buy A Certified Used Car
It is understandable for you to have second thoughts about buying second hand cars, but to erase your doubts, consider buying a certified used vehicle. There are many advantages to doing so like receiving standard warranties, complete exterior and interior detailing, and others. It also gives you peace of mind that you get value for your investment.
Content Editor Kyle Liong contributed to this story.
Automart.PH offers a wide selection of used cars at great prices, ranging from compact cars to pick-up trucks, that suit your needs.
And if you’re looking for the finest used cars, check out Automart.PH Certified Used Vehicles. These are restored until they feel like new again. They also come with a three-day money-back guarantee and, for Gold Certified units, a one-year warranty.