If you are one of those that thing a used car has no value, then you better think again. You will never know the value of a used car until you buy one and compare it to a new car. A new car may look like the most beautiful and most attractive thing on earth, but it has got so many disadvantages that make it not as attractive as you think it is. The earlier you gave a used car a try the better for you. The cost is one of the many factors that make a new car so unattractive, especially for individuals living on a budget. You should, therefore, go for a used car today and you will never regret it.
What is more, buying a new car does not make financial sense. I mean, a new car depreciates faster than the speed of light. It would have depreciated by as much as 11% of its value after just few hours of buying it. So, what is the point in wasting your money on a depreciating asset? A used car can serve you for the same purpose of a new one. So, there is no point in wasting a lot of money on a new car at all. Simply look for one of the outlets selling used cars in Sevierville and get one for yourself today.
Continue reading to learn more about why you should consider a used car ahead of a new one.
No bulk depreciation
As mentioned earlier, a new car depreciates very fast. The new car can drop in value a great deal just few hours after buying it. Once you drive the car out of the dealership, it will start to depreciate. Once you drive it home from the dealership, its price would have fallen by as much as 11%.
If you had bought the new car for say $20,000, its value would have dropped to $17,800 by the time you drive it home. What is more, the depreciation will continue for weeks, months and even years after that. By the end of a year or two, the value of the new car would have dropped to almost 50% of the original price or even less. You can save yourself this issue by simply going for used cars in Sevierville. It will prove to be one of the best decisions you have made in a very long time as far as spending money is concerned.
