Second to having a home of your own, the car is the most expensive purchase. If you come to think about it, you will realize that buying a new car may become an unnecessary expense. You have to contend with so many additional expenses attached to it such as losses in value, subsequent costs, and additional fees that will sometimes amount to thousands of dollars per year. This is why there are many used cars in Salinas and cities in your area. Remember that a slightly used car of about two years old is most likely to have under 30,000 miles on it. This will enable you to save on costs without sacrificing the quality of the car. The following are some of the best benefits in purchasing used cars in Salinas:
Low price and less depreciation
It has always been a belief that the moment you drive your car from the dealer, it starts to depreciate in value. The truth is that when you buy a used car, it will still depreciate but not as much as when you buy a brand-new one and you’ll lose money not so quickly. In the first place, you don’t have to face the initial shock of paying a large amount of money for a brand-new car.
No Sales Tax Not Like New Cars
There are many states that implement sales tax on brand-new cars but not the used ones. In Georgia, you won’t be asked to pay for sales tax when you buy a used car from a private seller. Sales tax may be able to add thousands to the original price of a brand-new car. It’s best to research your state’s laws regarding sales taxes for brand-new cars and used ones.
Decreasing Registration Fees
In many states, the registration fee that a car owner has to pay depends on the car model and its value. In Colorado for instance, the car registration is highest during the first three years and it decreases after five years. Research if the state you’re residing has the same rules so that you can save thousands of dollars every year from new car registration fees by buying cars that are either three or five years old.
Freedom from Dealers’ Additional Fees
Dealers often ask new car buyers with additional fees for shipping, destination fees, and dealer preparation that can be questionable at times. The problem with these fees is that the dealers often have nothing to show for them.