Here are the top 5 most compelling reasons to buy a used car rather than a new car:

1. Used Cars Are Less Expensive

Used Cars are much cheaper than their newer counterparts. And not simply because they are older, a 2009 used car will cost thousands less than a new 2009 car.

2. Used Cars Are A Better Investment

Even if you buy a used car of the current model year you will save significantly. This is because just driving a new car off the lot causes its value to drop thousands of dollars. When you buy a used car the value does not decrease significantly after purchase so you could resell it and get most of your money back.

3. Used Cars Are Greener

Whether you get a new Prius or a new Hummer you have to take into account the carbon footprint of making the vehicle. On the other hand if you buy used you are carbon-neutral.

4. Used Car Owners Pay Lower Insurance Premiums

Insurance premiums are lower on used cars because the full value of the car is often lower. Which means that regardless of what your driving history looks like, you will save a considerable amount on your insurance buying a used car compared to a new car.

5. Availability Of OEM Parts

Car makers force part manufacturers into exclusive contracts that prevent them from selling the same parts that are used in their cars. These contracts usually last for around 5 years. After that time period you can typically find OEM replacement parts for significantly less than the name-brand car-part. These parts are 100% the same and can save you tons of money on repairs.

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