before you buy a car
Pros and Cons of Buying a Used Car
If you're on a limited budget, you may find a used car more practical to buy. When it comes to used cars, which of these is true?
- A used car's value will probably depreciate faster.
- Used cars generally come with an extended warranty.
- Used cars often cost less than equivalent new makes and models.
"C" is correct. Used car often costs less than new ones, so you may even be able to buy a used vehicle outright. However, it's harder to uncover the history of a used car. If it's been in an accident or wasn't well maintained, it may not be reliable and may cost you a lot for repairs. Used cars often include a limited warranty at best and usually have to be replaced sooner than new ones.