The Surprising Short and Long Term Benefits of Buying Used Cars for Sale

1. November 16, 2017 The Surprising Short and Long Term Benefits of Buying Used Cars for Sale In today’s society, a car is no longer considered as a luxury item but rather a basic necessity. However, it is not rare for someone to face a limited budget to spend on a car, given the abundance of our daily needs. Thankfully, the market for used cars is now thriving. Over the last decade, the short and long term benefits of buying used cars for sale are evident and have been enjoyed by many car owners. Here are the reasons why you should definitely consider buying used cars in the future. Page | 1

2. Used Cars May Cost Significantly Less Logically, used cars are more budget friendly than new cars, but exactly by how much? Used cars may cost as much as $8000 less than new cars, according to a study conducted by the automotive industry. Experts also say that you can expect less depreciation as it happens rapidly in the first three years but slows down remarkably thereafter. Used Cars May Last Longer Car manufacturers have consistently tried to improve vehicles’ safety and longevity. This effort has resulted in a higher standard for newer vehicles. This statement was seconded by a study where two five year old cars were analyzed side by side. One car was manufactured in 2007, and the other in 2015. They found that the 2015 vehicle has fewer problems compared to the 2007 model. Moreover, IHS Automotive confirms that a currently car out on the streets can last up to 11.5 years. Used Cars Have Lower Insurance Premium There are several aspects that determine the value of a car’s insurance premium: the age of the vehicle, the amount of wear and tear, and the make and model of the vehicle. Based on that statement, one can certainly expect to pay less to insure a used vehicle. Even when two cars are of the same make and model, the newer one will have a higher premium. Used Cars are Safe Cars manufactured after 2009 have more than adequate safety features compared to the cars from way back when. Anti-lock brakes and side airbags are standard features in newer cars. These safety features help drivers to significantly lower the risk of fatal accidents. Moreover, the National Highway Safety Administration have mandated all cars manufactured from 2012 onwards to be equipped with Electronic Stability Control. Nowadays, buying used cars is a completely safe process with an enjoyable outcome. Make sure you source these used cars from a reputable dealer who will provide you with the vehicle history report. That important document contains all the details you will need to know, such as the previous owners, accidents, services, or repairs. With help from your dealer, it’s possible to get a used car that feels almost as good as new. Page | 2

3. About Toyota of Orange Since 1971, Toyota of Orange has been known as the most reliable car dealership serving Orange County and other surrounding areas. Our primary concern is to help all clients with their automotive needs by providing efficient and friendly auto services. Our inventory includes new and used Toyota car models. We accept trade-ins and even help with financing. Sources: Used Car Buying Guide, ConsumerReports.org 6 Smart Reasons Why You Should Buy a Used Car, NYDailyNews.com Page | 3