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The pre-owned cars are much cheaper than we think they are. Most of our perception about the rates of second hand cars are based on the various ads we see in the newspapers. But these rates are ‘what the seller wants’ and not ‘what the seller ultimately gets’, which is in most of the cases at least 20% less than the former.
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Very true. Some people are still sceptical about the used cars since they are of the opinion that they may be trashed by the previous owners. This is partially true and at the same time, false.
I've always wondered why people who uses the car very rarely should go for brand new ones since the
only use of such cars is to lie as
status symbols in the car porches. Quote:
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You can get a range of Corollas and Octavias from 3L onwards. Imagine what will happen to the lesser mortal cars.
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But searching for used cars is still a difficult chore except in the case of Maruti, where they are having True value dealers. And we can never trust most of the 2nd hand dealers.
But I think it's a wise decision to go for 2nd hand cars nowadays taking into consideration all the factors that you've mentioned.