5 Reasons Why Buying A Used Car (tokunbo) Is Great

Should you buy a new or used Car? 

There are a lot of questions involved in the process of buying a car, but but the most important one is , Should you buy a new or used car? On Nairanaijanews, you can find a wide range of cars at your budget. Find out reasons why you should buy a used car.

1. A used car cost way less than a new one. You get the opportunity to buy a nice model without having to rob a bank  ;or take a loan. When you decide to sell it off, you get to sell it at a great price despite the fact it was bought as used.


2. Car tend to depreciate gradually,after each month and mile after mile. By the first year many cars have lost about 30 percent of their value. But with a used car, the depreciation does not hit most of the car value. There is also less mental depreciation.

3. When it comes to insurance rates, the age of a car affects the cost of financing. But with a used car, insurance tends to be less expensive. You can decide what cost of insurance you are willing to pay.

4. When you buy a used car , you do not get to make all the fees that comes with buying a new car. Fees like taxes, processing and preparation costs. If you buy a used car from a private party, however, you can avoid some of theses random fees.

5. If you buy a used car, as opposed to a new car, you have a much wider selection of inventory to choose from and you’re not limited to models that were released over the past year or two as you would be when buying new. You have a virtually endless supply of inventory to choose from.