For the majority of people, buying a car is one of the most expensive purchases you are likely to make. Before you take the plunge and buy a brand-new car, it is worth taking the time to do a little research, as it is possible to get a great deal when buying nearly new cars or used vehicles. You may be surprised to hear that every year used car sales outnumber new car sales by around three to one.
A nearly new car will have just one prior owner, such as a dealer, wholesaler, manufacturer or fleet manager. If a vehicle is pre-registered it means the car was purchased ready to sell to the public. In many cases a pre-registered car will have very few miles on the clock, because it was likely purchased by a dealer looking to maintain a steady flow of available vehicles, or for use as a demonstration car. The car will still feel like a new vehicle, as the dealer will be keeping it ready for sale in top condition, and in some cases it may have some of the highest specification options fitted.
Among the many pros of buying a used car or purchasing nearly new is that a significant amount of money can be saved. In many cases the price of a pre-registered or ex-demo vehicle can save as much as 70% off the RRP. As soon as a vehicle leaves the dealer forecourt it will start to depreciate, with the biggest fall in value being between the point of registration and re-sale. If you are the second registered owner of a vehicle you will be able to maintain the value for longer, as the rate of depreciation will slow down.
If you purchase a model which has been around for a few years, the chances are other drivers have tested it out and found any faults or issues. One of the advantages of a used car is that there are sufficient reviews available for you to take a look at, detailing the various engine and trim options which can alter performance, reliability and improve drivability.
If you have a particular model in mind, you may find that the manufacturer has discontinued the exact options you are looking for in brand new vehicles. Instead, try searching for a used option which will guarantee you access to the huge breadth of choice available.
In the past, many people have purchased brand new cars because of the warranty periods. However, recently a number of manufacturers have introduced longer factory warranties, which serves to boost the peace of mind for those considering nearly new or used cars.
If you would like to find out more about the used cars available at Carwise Group, or book a test drive, pop into one of our centres in Harlow and Maidstone. You’ll find a wide selection of quality vehicles at competitive prices.