It used to be that buying a used car was little more than buying the previous owners problems. This is far less of a problem today; vehicles are far better than they were in the past, by design they last longer and have fewer problems. Not only are cars better, leasing has become popular, this means there are thousands of reasonably new, high quality, low mileage cars entering the used car market every year.
In many cases Honda used cars for sale in Michigan have only had one previous driver. Leased cars in particular have been well maintained as this is a demand of the lease. Many cars coming off lease have been maintained by the dealer that leased them in the first place; this makes it possible for the next buyer to see the complete service record before proceeding. Not only are the service records available, if there is a balance on the original warranty, it can be transferred into the name of the second owner.
Although it is great to buy a new car, the value drops considerably and it starts on the day you take possession of it. During the first three years a new car can easily loose half its value. This drop in value, the depreciation, has nothing to do with the shape or features of the car and it certainly has little to do with the true value of the car. With new car manufacturing techniques and technology cars last a lot longer now than they did years ago, today a car can easily give ten or more years of trouble free performance. When you buy a typical three year old used car you will easily get 70 percent of its potential use for half the money.
When you buy Honda used cars for sale in Michigan there are fewer surprises, this is not always the case with a new car. When you look at the sticker price of a new car it may seem reasonable, by the time everything has been accounted for; freight, inspection, taxes, etc the real price can easily be inflated by 20 or 25 percent. When you buy a high quality used car there are no surprises, the price is what it is.
Buying a used car will save you money on insurance. The insurance premium is based on a number of variables, one of which is the amount financed. With a used car costing considerably less than a new car, the cost to insure it is lower as well.
