Buying a car is a big task for any individual. The budget, model, type – there is a lot to consider before you decide on one. Also, saving enough money to buy a brand new car can often take ages, requiring you to wait a long time.
For anyone going through this problem, used cars are the perfect solution! Buying used cars instead of brand new ones has many benefits and won’t involve spending years saving money. You can buy used cars in Pune, Mumbai, Delhi and many other places right away to take care of your needs.
Here are the advantages of buying a used car that will help you see the upsides to it:
- Price: This is one of the main advantages of buying used cars. There is a considerable decrease in the prices of a used car than a brand new version of the same car. Many people often sell off their cars within the first three years of owning them. This is when the car is still very much in its peak condition, so you can buy a used car within this time frame and get a well functioning car at a lesser price.
- Lower Insurance Premiums: Getting your car insured is a necessary practice you have to follow after buying a car, new or used. The advantage of buying used cars pertaining to insurance premiums is that insurances for new cars are significantly more expensive than used cars. If you buy a used car, you have to pay smaller premiums because of a decrease in the car’s IDV (Insured Declared Value).
- Variants: In the car industry, different variants and models of any car brand have prices that range from low to very expensive. The newer models are often highly valued, and hence, many people cannot afford to get their hands on them. However, if you look really for those cars among used cars, you can get a top-class car at an affordable price.
- Smaller Loan: Since the price of a used car sees a substantial fall compared to old cars, you can apply for a smaller loan amount to pay for it. In turn, you also have to pay smaller interests, helping you get the loan over quickly.
- Slow Depreciation Rate: Any car’s depreciation process, i.e., a decrease in the car’s value, begins as soon as it leaves a showroom and often drops at a fast pace. The depreciation rate sees a steady decrease in the first few years and slows down after that. When you buy a used car, the car has already been through the drop process and is now at a place where it depreciates at a considerably slower rate.
Buying used cars is a very sustainable and reliable way to provide for and accommodate your family. Spinny is a used car buying and selling platform to help you at all steps of this process. It sells used cars in Pune, Mumbai, Kolkata, among many other Indian cities.
Known for its excellent service and features such as extensive budget range, models, types, colours, etc., Spinny will help you choose the right car. So don’t waste any time getting on board; start browsing!