| 15 June |
Seeking out the best used cars on the internet |
Although everyone loves the unmistakeable smell of a brand new car, there are an awful lot of people out there who sincerely hate to buy a new car, simply because of the money that they feel they will be throwing away. It is true to say that brand new cars do depreciate very quickly indeed, and many lose a significant amount of their resale value in the first few years of existence.
Of course, it can be slightly more difficult finding a suitable second hand car, because all of a sudden you are not just looking at the design and the specification. You have to look at each car individually in case there is any problem with it, and assessing the value is another ball game altogether.
Fortunately, there are some great sites on the internet that specialise in selling used cars. In particular, Motors is a great site to use. Whatever you are looking for will be there and more often than not you will have several of the same make and model so that you can compare both condition and value. This is essential when buying a second hand car, because if you only have one example to look at, it is impossible to be able to assess what the price should be. The market dictates the value of used cars, so if you have ten Ford Mondeo’s of the same age, you can find the average price and know that roughly speaking this is market value. If you apply this formula on Motors and stick to vehicles with low mileage and plenty of service history you won’t go too far wrong.