The prospect of buying a car for the first time can be daunting to any car buyer, with options ranging from brand-new models down to an enormous variety of different used cars for sale in Dubai. As attractive as it may seem to own a new car, buying a second hand car does indeed offer a number of advantages that make it the smarter choice, especially if one is buying for the first time. This guide will walk you through why choosing a second hand car over a new one can be better in reference to cost-saving, slower depreciation, and wider options.
Lower Purchase Cost: The most obvious advantage of buying a used car is cost-effectiveness. Pre-owned cars are significantly cheaper compared to their brand-new siblings, which makes them a perfect solution for first-time car buyers who usually have a very limited budget. Eventually, the cost savings you get can buy you a better-equipped vehicle or upgrade you to an even more luxury class, which, if bought brand new, would simply be unaffordable. For example, anyone can buy a second-hand high-end Mercedes or BMW for the very same money needed to purchase a new mid-segment sedan.
Why Pay More for the Same Experience?: Since Dubai has a relatively good climate and the roads are well-maintained, a car from three years ago may still look almost brand new especially if gotten from a reliable marketplace like OneClickDrive. That means you get to enjoy the merits of a quality drive without having to pay a premium price that usually comes with a new car.
Slower Depreciation: One of the major drawbacks to buying a new car is that it instantly depreciates. This can be as much as 20-30% in only a year or so, while in three years, the car may have lost up to almost 50%. If you buy a used car, then this initial depreciation has already been taken by the previous owner. Because of this, your car will depreciate at a slower rate; therefore, it is better value for money in the long run.
Higher Resale Value for Your Investment: Because a used car does not suddenly drop in value, compared to a new one, selling it after a period of time will most probably bring better resale value. A used car is thus not only cheaper at the point of sale but economically wiser for the future as well.
Insurance Costs Much Lower: Insurance premiums are determined by the market value of the vehicle, which means that because used cars are valued lower than new cars, their insurance is usually cheaper. For first-time buyers looking to minimize their expenses, savings on insurance premiums make a huge difference. Thus, buying a used car is not only easier on the pocket at the time of purchase but also has lower operating costs.
Certified Pre-Owned Programs; Certified pre-owned programs in Dubai mean an array of dealers offering pre-owned cars that have gone through extensive inspection and refurbishment. These are usually offered with extended warranties, providing the purchaser with additional comfort as they would do when buying a new car, and can be assured of the car in excellent shape. Buying a certified pre-owned car will give one the good price of a used car with the peace of mind one normally gets when purchasing a new car.
Conclusion
While new cars may have some allure, the financial benefits and headache-free ownership when it comes to used cars make them the smarter choice for first-time buyers. If you want to make a smart investment, reduce your overall expenses, and still drive a car that meets your needs and preferences, then buying a used car in Dubai is the way to go.
One OneClickDrive, you can find exclusive listings for a Ferrari for sale in Dubai and take the first step towards automotive excellence.
