When it comes to buying a vehicle, many face the dilemma whether to buy a used or a new car. The obvious choice goes to new cars. However, buying a brand new vehicle involves lots of money transactions, bank loans, auto insurance, tax payment etc. Well, it would have been easier if we could just avoid all these pains and yet get a car as new as a factory product. A new car seems as an option but there are many other things that one need to take into consideration while buying a new car. Therefore, buying a used car is probably the best. There are many positive sides of buying a used vehicle in Cambridge. They can be listed down as: Price tag: One of the main reasons to buy a used car is the attractive price. New cars lose their value no sooner than they leave the showroom. One may take pride in becoming the owner of a new car but the new car also becomes old very soon. Once we take the new car out of the showroom its worth is minimized. For example, one can buy a used sport car that cost more than $80,000 last year, will not cost more than $40,000 now. Loss of worth: Believe it or not, new cars are bound to lose their value in the first two year and therefore, if one is planning to buy a used car which is two to three years old, they will make the maximum profit. In the first two year the value of a new car is lost and therefore the buyer of a used car can buy it at a much lesser price. Paper work: Buying a new car involves lots of paper work. This mainly involves registration, tax payment, car insurance etc. On the other hand, a used car will already have these papers ready; one probably has to renew them. Again, if one can get hold of the good dealer then they can definitely get the best price to buy a used car. The insurance amount that is charged on a new car is always higher than the amount of money charged on a used car. Negotiation: When one is buying a new car it is impossible to negotiate with the price that is printed on the car. This price includes the sales tax, service tax, VAT, showroom charges and many more. These things are not necessarily important to pay up. Contrary to this when a person buys a used car there are numerous options to bargain the price that the lender fixes on the used car. If the buyer is ready to compromise on the mileage meter then the used car lenders are there to put forward used cars that are as good as a new car. One can buy the best cars from the market, at a much cheaper rate despite the cars being used. BMW, used Audis in Toronto are also available in the market so that one can maintain the status symbol yet pay half the price that of a new car.
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