5 Benefits of Buying a Used Car and How to find the best deals on 1Search.co

Buying a Used Car has numerous benefits, but to find good deals on New or Used Cars for sale can be quite a task. But before you head to 1search.co/cars to find your desired vehicle, here is a list of benefits that Used Car owners can avail of and how! Keep Reading:

Planning on buying a car? The most popular debate when it comes to buying a car is whether to invest in a brand new model or own a used one? Either way, you have a whole lot of research ahead of you to make the right decision. Selecting the model, finding the best deals, negotiating the price, and applying for loans. Buying a car is a task in itself and it often becomes taxing. Don’t worry as we are to ease that process for you, especially the one to find the best deals from all top car sites. 

Benefits of Buying A Used Car

Buying A Used Car Saves Money

Isn’t this the most obvious reason? Buying a Used Car is a lot cheaper than buying a new one. Even the ones that have been driven for just a year or so. Who doesn’t like saving money? Gone are the days when buying a used car was looked down upon. Today, people have grown to be more practical. Using a pre-owned car serves its purpose and saves money. Especially for the ones who dream of owning luxury cars but are reluctant to make such a big commitment. A pre-owned car is just the answer. Saving money while buying a used car is directly proportional to your negotiation skills. 

Used Cars have Less Depreciation Cost

The depreciation rate is the rate at which a vehicle loses value over time. A car loses its value the moment it steps out of the showroom and a new car’s depreciation cost is the highest. Thus, if you are buying a new car today, it will be worth 20 to 30 % less after a year. Thus, since the depreciation rate is so drastic in the first year, one can save this 20 to 30% if they buy a used car instead. 

Pay less for Registration of Used Cars

While buying a new car you need to pay several kinds of taxes as well as the registration fee which adds to the already high price of the car. Whereas in the case of a used car, these fees have already been taken care of by the owner. 

Take a look at the taxes that you avoid when you invest in a pre-owned car:

• Excise Duty
• VAT
• Infrastructure Cess
• CENVAT
• Entry Tax / Octroi / LBT

Check out our blog:10 Best Kept Secrets of Buying A Used Car

Get Cheaper Insurance for Pre-Owned Cars

It should be noted that insurance premiums are charged on the market value of the car, thus naturally the premiums on a used car are less than a new one. A used car undergoes a drastic depreciation over just a year thus you have to pay less insurance premium. Keep in mind to transfer the policy in your name at the time of purchase. Also, make sure to check if there are any claims already made as that can be a deal-breaker.

Variant Upgrades

In the used car market you don’t have to settle for a base model due to the huge price differences between the different variants. New cars come with several variants for the same model with new features that can add great value to them and become more attractive to the buyer. But the hefty amount that you are needed to pay just makes it harder. Not in this case. There is no huge price difference between the different variants and you can buy the one that you want.

How to Find the Best Deal on Used Cars on 1search.co?

The used car market is not all fair, there are so many agencies and dealers who might try to commit fraud and one must be aware. It’s important that you only buy a used car from either a trusted car buying website with great reviews or a private owner whom you know.

Imagine being stuck with a piece of garbage with no refund policy.

Also, many car dealers will try to sell you the same car at different prices. A used car’s value is not fixed. There is a lot of negotiation involved. You can get the price that you want if you’re good at it but so does the dealer.

We help you find the best price for the car you want at your desired location from all the websites selling the same car. Just head to 1search.co/cars and set your preferences including car type, make, model, location, and distance. We’ll give you top results to choose from so that your car search gets easy. 

Read: Top Used Cars for Sale Near Me | Used Cars for Sale under $10k