The Pros And Cons Of Buying From Secondhand Dealers

Posted on Mar 25 2015 - 5:47am by Desk of Editor

Everyone will look to purchase a vehicle from a used dealer at some point in their lives. There are so many advantages to doing that that buying brand new simply doesn’t make sense. However, there are also some valid drawbacks to opting for that strategy. In the hope of setting the record straight once and for all, we’ve published a list of pros and cons for you today. With a bit of luck, they should help you to work out whether or not looking at the secondhand market is suitable given your personal situation. At the end of the day, it all comes down to what you hope to get out of the vehicle and the size of your budget.

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The Pros Of Buying From A Secondhand Dealership

  • More selection. There is not getting away from the fact that you will encounter a wider selection of vehicles when purchasing from a secondhand dealer. That is because car manufacturers only produce a certain amount of models at any one time. Therefore, buying new will mean you only have a narrow choice. When you contact used dealers, you can view almost any model ever produced. It doesn’t matter if the factories are still creating them. You only have to go to Gmtautosales.com to see the sort of selection you will find at any decent used dealership.
  • Less expenditure. It stands to reason that all secondhand cars are going to be cheaper than those purchased brand new. When someone gets a new model from a registered dealer, it will lose thousands in value the moment  they drive it away. Over the next five years, it will half in value again. That means people who look to purchase models that are around half a decade old from secondhand sellers could see a discount of more than 50%.
  • Increased convenience. In almost all instances, people who purchase from a secondhand dealer can view their model of choice before signing any contracts. However, some new high-end models are made to order. Sure, you can check out a version of the new Porsche 911 in a showroom, but you won’t see the vehicle you are purchasing until it arrives for collection.

The Cons Of Buying From A Second Hand Dealership

  • Dishonest sellers. The problem of dishonest sellers can worry some car buyers. While representatives from some dodgy dealerships might try to pull the wool over your eyes, most of them operate in an above-board fashion. Also, you can always take the car back if a seller has failed to mention anything important.
  • Worse condition. Buying from a used dealer will almost certainly mean your chosen model isn’t going to last as long. That means you will need to seek a replacement within five years or less. However, the savings you make ensure the investment is worthwhile.

As you can clearly see from that information, the pros of buying from secondhand dealerships far outweigh the cons. So, we hope you will make the right financial decision and keep your hard earned savings in the bank this summer. Good luck!