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Buying a used car isn't such a bad idea...You want that brand new shiny car or SUV… You know the one… That sexy must have car that all of your friends are talking about… the one that your neighbor up the street owns. You want it… You just don’t want the hefty payments that come with it… Right? Good news! Last years model is just as sexy, and late model used cars are often the best values you’ll find in the automotive market.

Not only is the price lower, but overall expenses like insurance and taxes are lower too, plus a used vehicle has already taken its biggest hit in depreciation. In short, buying used is the perfect way to get that car you’ve been longing for. Buying used isn’t for everyone though… You need to do your homework and go into it with your eyes open. Consider these issues…

Buying a late-model used vehicle is not as much of a risk as it used to be. When properly maintained, today’s vehicles should easily go well past 100,000 miles, and many could reach 200,000 miles without any major breakdowns, however that is certainly not guaranteed and a used car is either close to coming off warranty or already off it, so you may want to be prepared for some large out of pocket repairs.

Buying a used car also means you won’t have the latest safety features. Newer features such as electronic stability control (ESC), head-protecting curtain air bags, LATCH child-seat restraints, and advanced frontal air-bag systems are harder to find on older vehicles. But a vehicle with more common safety features such as antilock brakes, traction control, and side air bags will be more affordable on a used car than on a similarly equipped new car.

In terms of cost your interest rate may be higher when buying a used car than it would be with a new car but the overall savings on insurance, as well as the lower purchase price should more than outweigh the cost.

With the low cost and availability of aftermarket automotive styling accessories, dressing up a late model used car is not really an issue. No matter the make or model you are interested in, you can find everything from chrome grille inserts to chrome door handle & mirror covers, everything from hubcaps to brake caliper paint, and for the interior there are floor mats, leather steering wheel covers and billet aluminum accessories all of which are easy to install and affordable.

The bottom line is if you can live with a reliable vehicle that is in less-than-mint condition and you’re willing to pay for maintenance and repair costs, your dollars will go further when buying a used car rather than a new one.

If you have any questions, as always I value your feedback, you can contact me via the “Contact Us” link to the right, or if you prefer to call me directly I am here to answer your questions Monday through Friday 9 AM/CST – 5 PM/CST toll free at 1-888-482-2279!

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