Considering the economic difficulties most of us face these days, it has become necessary to look into ways to buy cars in Florida without spending a lot of money. The solution of course, is to look into used autos Ft Lauderdale FL dealers are offering. But is buying a used car really helpful when it comes to staying within a budget?
If you're still a little unsure about buying used cars, perhaps taking a look into a few pointers can help you decide. To start with, a brand new car declines in value by as much as 30 percent the very minute you drive away from the dealership you bought the car from. And most new vehicles will lose another five to ten percent during their first year amounting to a 40 percent depreciation in value. To give you a better idea, a sedan you bought for $30,000 will lose as much as $12,000 in value the first year.
To help you avoid that much depreciation, why not look at year-old or two-year old cars sold by local used car dealers? A two or even three year old vehicle holds on to most of its value quite well; allowing you to drive the car you bought and resell it a year later at a good price.
Meaning, you avoid losing/spending a lot of money buying a car you like and still resell it for a good price. Many people nowadays also choose to buy used autos Hollywood Florida dealerships offer because - are you sitting down? - used cars are a lot cheaper to insure than brand new ones. You need to understand that car insurance premiums are based on the value of a vehicle. So the higher the car's price, the higher the insurance costs will be.
Since used cars have lower costs, it shouldn't cost you a fortune to insure these vehicles. In fact, if you purchase a car that's old enough, you don't have to get theft insurance for it, thus saving you a lot of money.
If you need further information about money-saving ideas when buying used cars, you can visit sites like Hertz Car Sales. Another way that buying used cars save you money is they cost less to get registered. Because registrations fees are based on the price of the car, you pay less to register a used car that has a lower sticker price.
If you're still a little unsure about buying used cars, perhaps taking a look into a few pointers can help you decide. To start with, a brand new car declines in value by as much as 30 percent the very minute you drive away from the dealership you bought the car from. And most new vehicles will lose another five to ten percent during their first year amounting to a 40 percent depreciation in value. To give you a better idea, a sedan you bought for $30,000 will lose as much as $12,000 in value the first year.
To help you avoid that much depreciation, why not look at year-old or two-year old cars sold by local used car dealers? A two or even three year old vehicle holds on to most of its value quite well; allowing you to drive the car you bought and resell it a year later at a good price.
Meaning, you avoid losing/spending a lot of money buying a car you like and still resell it for a good price. Many people nowadays also choose to buy used autos Hollywood Florida dealerships offer because - are you sitting down? - used cars are a lot cheaper to insure than brand new ones. You need to understand that car insurance premiums are based on the value of a vehicle. So the higher the car's price, the higher the insurance costs will be.
Since used cars have lower costs, it shouldn't cost you a fortune to insure these vehicles. In fact, if you purchase a car that's old enough, you don't have to get theft insurance for it, thus saving you a lot of money.
If you need further information about money-saving ideas when buying used cars, you can visit sites like Hertz Car Sales. Another way that buying used cars save you money is they cost less to get registered. Because registrations fees are based on the price of the car, you pay less to register a used car that has a lower sticker price.
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If you want to know more about used autos Ft Lauderdale FL then visit their internet page at http://www.hertzcarsales.com for more details.
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