Are you a motorist living in the UK?

Has the time come around for you to trade in your vehicle for something different, or are you in the process of buying your first car?

If the answer to these questions is yes then you’ll know that it can be a stressful task and that there are many variables which require consideration. You need to think about which type of vehicle is right for you, how much money you have to spend on one and which make and model will suit your style. And that is not to mention thinking about additional costs such as fuel and MOT and servicing.

Moreover, one of the most important decisions you’ll have to make is whether to buy a new car or a used model. There are advantages and disadvantages to both and ultimately it will come down to personal preference as well as financial constraints, but to help you in your choice here are five reasons to buy a used car rather than a new one.

Cheaper

The most obvious reason for buying a used car is of course the price. You will pay considerably less for a car which is used as opposed to the same model brand new. Not only does this save you money however, it also allows you to look at a wider range of vehicles. For example a new Mercedes C-Class may be well out of your price range, whereas a used one could be within your budget.

More Choice

Another point that may sound obvious, but there are infinitely more used models to choose from than new ones. For example if you are set on buying a Mazda, you’ll have only a handful of new vehicles to choose from whereas there may be 30 or 40 used models. Moreover, if you have chosen the exact car you want, such as a Volkswagen Golf, buying a used model allows you to browse all of the different generations to find your favourite.

Insurance

Insurance for new cars is far more expensive than it is for used models. They cost a lot more and so insurance brokers won’t be taking any risks.

Depreciation Woes

As soon as you purchase a new car, it loses a significant amount of value. If you opt for a used model you could recoup almost the full value of it when you sell it a few years down the line.

Car Parts

Newer models are forever being built with body work that costs a lot more to replace, so save yourself the worry of having a bump and go for a used vehicle.