Buying New versus Used Electric and Hybrid Vehicles
Interested in your first or perhaps second electric car? Browsed the classifieds and been to your nearest dealerships? It can be an intimidating minefield choosing which car to buy, let alone how to buy it. Cars tend to be the second most expensive thing we’re ever likely to buy, after a house, and getting it right can be a learning process. Nobody wants to buy a “lemon”. In this article, we take a look at the pros and cons of buying new or used electric cars in association with EcoCars4Sale and offer some helpful buying advice.
Every year used car sales outnumber new car sales. Many find that new car prices are prohibitive even with some very appealing finance and lease options. As a general rule of thumb, car makers want you to buy new because this is their business model, whereas understandably used cars do not make them the same kind of profit. One of the major reasons against buying new is the experience of often hard to predict depreciation. You’ll have likely heard stories about the moment a new car leaves the showroom, thousands of pounds are immediately knocked off its value.
Read the full article by AutoVolt Magazine below.......