Buying Used Cars Leicestershire Makes Sense

Whether you are a teenager who has just passed their test and are looking for your first run-around, or you’re a busy mum looking for a family car, buying used cars is the smart choice and could save you a whole heap of cash.

By choosing to buy used cars, Leicestershire residents can avoid paying the extremely high prices of a brand new vehicle and avoid those crippling depreciation rates in one fell swoop. Used cars, if you buy from a quality dealer, can be every bit as good as a new car and you can still choose the perfect car for your requirements – just for less.

Depreciation

Depreciation costs are something which many car buyers don’t even think about before handing over their hard earned cash but, they can be astoundingly high. The AA released figures stating that the average new car will lose around 40% of its value in its first year on the road.

Clearly, this does not make financial sense and there aren’t many people who would spend thousands of pounds on anything else if they knew it would lose so much value so quickly, yet we have no trouble doing so with a car.

It really is madness when you consider that if you were simply to wait a year, you could pick up the same car used for 40% less.

Resale Value

If you are someone who likes to switch cars more regularly, then used cars are the best choice for you too. As mentioned above, cars lose most of their value in their first year on the road, so by picking up a used car instead, you won’t take such a big hit when you wish to sell your car on again.

Finding Used cars Leicestershire

In order to find the best used cars Leicestershire has to offer, you should always visit a reputable car dealer in the area. By doing so, you can guarantee that the car you buy are in good condition and that your transaction is completely above board and legal.