The majority of people have now made the realisation that buying a brand new car is an ill advisable purchase, one that will likely cost huge amounts of investment for little reward. In these times of increasing financial turmoil it is the approved used car dealers that are starting to clean up. Manufacturer affiliated dealers such as those at Audi, Ford, BMW and Peugeot are all realising that people are now more willing to buy approved used whereas in the past the penchant for brand new cars has been much stronger. The reason to buy approved used is that although the car may not be brand new, its condition will have some guarantees.
When looking for a new vehicle, be it straight from the factory or from the approved used dealer there are some important considerations that must be made. For example if looking for a large family car it would advisable to look at all of the cars in that particular class; in this case, cars such as the Audi A6, the Citroen C6 and Ford Mondeo would be suitable. In addition, asides from brand snobbery there are other considerations that should be included in the decision. If a particular company has a good safety record or a reputation for producing highly reliable cars it is often advisable to go with this brand; it is simply a matter of assessing your own needs and then applying this to the car buying process.
Once the decision has been made on brand and model, for instance you may have chosen Audi for the technological innovation, Volvo for their excellent safety record or BMW for their performance credentials. It is then time to find a local approved used car dealer. One of the reasons to buy approved used vehicles is the depreciation factor. A motorcar is never going to be an investment, it is one of the few major financial expenditures we make that we know will lose value over time; depreciation levels are however extraordinary. The estimates put a figure of around thirty percent of the price of a new car lost in the first year whilst over the next five the car will be far less than half its original value. No matter what level of business savvy you possess this is a poor financial decision.
Another factor that should be included in our choice of car should be the fuel consumption. Petrol and diesel are now extremely expensive and as these finite resources lessen the problem of fuel pricing is only going to become more pronounced. Subsequently it is vitally important to consider efficiency in your decision making process. Maybe getting the model down, with the smaller engine is the preferred choice, whilst a sacrifice may have to be made over power; your wallet and the environment will thank you for your conscientious approach.
Even though an approved used car from any dealer; be they Audi, Toyota or Vauxhall will be sold with certain guarantees it is still a used car and hence care should be taken when involved in the purchasing process. This is why it is always a good idea to take a vehicle for a test drive before purchasing; it will allow you to pick up on any problems ahead of time and in the most extreme cases will help the consumer to avoid bad deals.
It is hoped that this advice has given those considering buying a new vehicle essential information. This information is intended as a brief guide and is in no way a complete checklist of all the important considerations to be made. The general point has been the value of an approved used car over a brand new one. The money saved will be great and depreciation will be largely negated.
Motor industry expert Thomas Pretty gives consumer advice concerned with buying cars and why an approved used Audi can be deemed sound financial expenditure.