Why it is better to buy used car rather than new one in Ontario

Why it is better to buy used car rather than new one in Ontario
January 08 09:01 2018 Print This Article

Are you a citizen of Ontario? Are you looking for a car that can support your daily activities? Instead of buying a new car for an expensive price why not buy a used car? You can buy a car of the same type of course with a bit of aging but at a much cheaper price. This article will discuss why used cars are better for you living in Ontario.

Buy a new car or a used one … what is the best option?

It’s time to change the car and it’s stressful. We like new cars, but also a used car requires less investment. What to do? Here we help you make the right decision.

If you think that the answer that assures you that you should buy a new car is that you have the budget to pay the monthly payment and insurance … you’re wrong! Neither is it interesting to look behind the wheel / steering wheel of the new 2017 model of that gleaming vehicle … do not buy impulsively if you do not want to regret later!

Why buying used car is a good option for everyone living in Ontario

• A new vehicle is more expensive than a used one, but if you have the money for the deposit (down payment) or a used vehicle that you can sell to the dealer or to an individual, good credit and the budget to pay the insurance, you can start to visit with calm the dealers in search of good offers and incentives. Again, we advise you to look at used cars for sale first.

  • Will you be able to resist the depreciation of a new car? Vehicles lose value over time and mileage. But new models depreciate more quickly. Some models, especially in Ontario, can lose up to 40% of their value in the first year. So, investigate.

  • A used vehicle is cheaper than a new one and for this reason you can even buy a nicer model. In addition, the insurance will cost you much less. You should be aware of the fact that most insurance companies in Ontario cost used cars far cheaper than new cars.

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Clare Louise
Clare Louise

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