Tips for buying used cars

Buying a used car can save you a lot of money than buying a brand new one. Whether you are pursuing a cheap escape or a dream machine, you have many options in the second-hand market.

But because the history is unclear and the sales staff is smart, this could be a minefield. This guide is full of top tips and checklists (we have created a printable version so you can take it with you) to minimize any unpleasant surprises.

This is the first manifestation of this guide. Please suggest any changes or issues in the used car discussion.

  • The price of a used car ultimately depends on what car you buy. But there are many ways to reduce the final bill.
  • The price of a used car ultimately depends on what car you buy. But there are many ways to reduce the final bill.

Old cars are much cheaper than new ones

The average price of this new car is about $28,500. But when it was one year old, it had a speed of 10,000 miles per hour, and it only cost 21,000 pounds - a reduction of more than 27% in the first 12 months. In the second year, the depreciation rate may fall by about half (so the value of this ordinary car will drop by about $3,750 in the second year).

Therefore, choosing a model with a history of one year will significantly reduce the upfront cost. If you choose a plush model, there are exceptions. Those most valuable brands often include Mercedes and Porsche, so you won't see too many old cars for sale at a bargain.

In order to save time and effort, automotive experts have done this research. You can compare the operating costs of different models, including the models you want to buy, on several websites, including Parker and what car? However, please follow the rules below to get the cheapest car at home.

Small engines may be cheaper

Choosing a 1.0-liter or 2.0-liter engine is more than pure horsepower. Large engines typically burn more fuel than small engines. Therefore, if fuel economy is an important factor in determining, engine size is a critical consideration.

However, it definitely depends on how you going to use this car. A small engine is most efficient when used as expected, such as around a town. If a small engine is running at high speed, it needs to work harder to keep the car running - burning more fuel.

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