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Why does it make sense to consider buying used vehicles?

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Why does it make sense to consider buying used vehicles?

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Rhett Miera

New vehicles are far way better than the used ones, in terms of reliability and performance and there is no doubt about it. However, there are some positive points associated with the used cars, and because of that only people from all over the world preferring them over new ones. The major factors are affordability, low insurance cost, and availability and low depreciation value. Because of that only, I too prefer them and bought a used Honda CRV recently, from autopartsfair.

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(A) Transportation is a depreciating asset that loses value, especially during the first three years of ownership. Buying a 2- to 3-year-old used vehicle will provide about a one-third reduction in the cost. Additionally, the initial owner will have “test driven” the vehicle for the second owner. (Q) What is a common error than many people make when buying transportation? (A) A common error when buying transportation involves buyers not thoroughly identifying their transportation needs and then purchasing a vehicle that does not entirely meet those needs. For example, a buyer might choose a mid-size family sedan that satisfies many of his or her needs. However, six months after the purchase, the buyer realizes that another vehicle in the same category provides a softer ride, better fuel economy, etc. and would have better satisfied his or her driving needs. (Q) After identifying transportation needs, what should buyers do next? (A) It is worthwhile to visit a local public library to re

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