First-Class Feels, Second-Hand Wheels!

Buying your first car can be a huge milestone in your life depicting freedom, independence and maturity. Getting your first car is supposed to hold a special place in your heart. Spending your money on a new set of wheels must be done wisely. In this article we will discuss reasons why your first car should be second hand. Let’s get started!

1. Cost-Effectiveness

Owning your first vehicle can empty your bank balance within seconds. But if you buy a second hand car instead it can help you save a lot of money, this is what you call taking a step towards achieving financial wisdom. You can get a pre-loved car at a fraction of the cost without compromising on the quality and functionality of the car. 

2. Lower Depreciation Rate

Did you know that new cars lose their value much faster than second hand cars! Quite shocking right ? The minute you drive your new car out of the showroom it falls victim to steep depreciation losing almost 10-20% of the value within minutes. And over the year, it can lose up to 40%, that’s a lot! 

3. Lower Insurance Costs

Second hand cars have cheaper insurance premiums as compared to new cars. This is because insurance rates are directly calculated on the vehicle’s market value, and therefore cheaper cars are accounted for lower insurance premiums. Maybe this gives you a fair idea on why to opt for pre-loved cars instead. 

YOU CANNOT MISS THE NEXT REASON !!!!!!!

4. Cheaper Registration Fees & Taxes

Second hand cars are registered quite cheaper as compared to new cars, this is because of various factors:

• Road tax is based on the car’s age and price and since second hand cars are aged and cheaper as compared to new cars, the tax amount is considerably lower.
• Did you know that second cars have faster and inexpensive registration as compared to new cars. 
• Fun fact: Gst is calculated on the profit margin that the sellers make on the used car not on the car’s value. For instance, if a car is bought for 13 lakhs and sold for 17 lakhs, in that case Gst will be calculated on the profit margin i.e 4 lakhs. 

5. Easier to Learn Driving Without Worry

The pain of getting scratches or dents on your new car might hurt a lot! To save yourself from mini heart attacks every time you step out of your garage make sure that you get your hands on a second hand car instead of a brand new one. Now drive carefree without worrying about minor damages.

6. Environmentally Friendly Choice

Getting a pre owned car means contributing to the environment by making a greener choice. Second hand cars help in minimizing carbon footprint and it also promotes sustainability. Therefore, the environment thanks you for taking an eco-friendly decision. 

NEXT REASON WILL DEFINITELY CHANGE YOUR MIND!!!!!

7. Access to Reliable Vehicles

With various online platforms such as CARS24, you can choose from a huge range of certified pre-loved quality cars that are inspected with over 140+ check points. Now you can get a reliable car hassle free! They have completely revolutionized the buying process making it more user friendly. 

8. Less Stress About Wear and Tear

When you get your hands over a new set of wheels, you worry less about the damage that is likely to happen. You are less concerned about maintaining a “perfect” image of your car! Not only that you are able to drive more freely.

9. Easier Access to Spare Parts

It is quite easier to get spare parts for second hand car models than brand new ones. New vehicles often have parts that are hard to find, making it more complex. To avoid all this complex procedure, one should definitely choose a second hand car instead of a new one. 

NEXT REASON WILL CHANGE YOUR PERSPECTIVE !!!!!!!!!

10. Great for Experimentation

Your first car shouldn’t restrict you from experimenting around different models or features in a car. To avoid “forced” commitment to a new car, a pre-loved car allows you to explore and experiment as much as you want to.  

Final Thoughts

Purchasing a used car as your first vehicle is a good idea. It’s cost-saving, stress-free, and helps you concentrate on being a skilled and responsible driver. With thorough research and a proper inspection, you can get a dependable second-hand car that meets your requirements and pocket. So, if you are looking at your first car buy, a used vehicle could be the best choice you ever make.