Having a car in a city like Bangalore is a necessity. A new car is really expensive, but a used car would immensely benefit your budget. There are many reasons to buy a used car in Bangalore over a new car, but how would you know if you should buy a used car and not a new one? Here are a few signs that indicate that you should buy a used car:
- You Have Limited Savings:
If you have limited money savings, you really shouldn’t go for a new car. A used car is much cheaper than a new car and your savings won’t take that big a hit. For example, for about 2 Lakhs, you can get a nice used sedan in pristine condition.
- The Car Is Needed for a Short Period of Time:
If you just need the car for some time, it would be better if you purchase a used car and sell it again. When you buy a new car and sell it after a year or two, the price drops tremendously, but for a used car, the price doesn’t drop that much.
- You Have to Gift It to a Learner:
A learner shouldn’t be given a new car. Whoever learns the car for the first time is bound to get some scratches on it. Nobody gets perfect instantly. Therefore, if you want to gift the car to a family member who is starting to learn, then you should purchase a used car.
- The Car Is Rarely Going to Be Used:
Sometimes the car is just needed for a few traveling hours in a week. If a new car isn’t used that often, it might start getting rusty. A used car is already rusty, so you can’t damage your investment that much.
If you find any of these signs, you should purchase a used car.