Five undisputable reasons to buy a pre-owned car

Pre-owned car
Buying a car is one of the biggest purchases you will ever make. Obviously you would like to buy a new car; I mean anyone would pick the new car smell over an used car, however with our economy being so unstable at the moment – not that it has ever been stable – the reality is that buying a pre-owned car is almost always the wiser decision from a financial point of view.
So if you are considering buying a used car, pre-owned car, pre-driven car, pre-enjoyed car or whatever else people call them, here are five reasons why you should do so:

1. Price: Pre-owned cars are more affordable

This one is a no-brainer. Buying a used car will simply save you money. For example, if you wanted to buy a Polo 1.4 Comfortline then there are two options you could have: A new 2014 Polo 1.4 Comfortline that will set you back *R203 300 or a pre-owned 2012 Polo 1.4 Comfortline with low milage on the clock that will cost you around R150 000.
They both look the same and drive the same but the pre-owned vehicle option will save you a great deal of money. Sure it will have a couple of kilometres on the clock but if it has been looked after well enough that shouldn’t be a problem.
Also besides saving, buying a used car could enable you to get a better car for your budget. Again looking at the example above, for the same price as a new 2014 polo 1.4 Comfortline you can buy a pre-owned 2012 Polo 1.6TDI Comfortline with very little milage on the clock for roughly the same price. So for the same money you are getting a much better car.

2. Depreciation: New cars depreciate a lot in the first two years

You have all heard the saying that a new car loses 20% of its value the second you drive it off the showroom floor.  Now while that might not be accurate, the value of new cars always experience the steepest decline during the first two years. Pre-owned cars also decline in value, however at a much slower rate than a new vehicle.

3. Choice: There is a used vehicle out there for everyone

While a new car will give you the option to choose the specifications that you want, there are so many pre-owned cars on the market that if you were patient and looked hard enough you might just find your prefect car.
Visit online car shopping sites such as Super Group Dealerships regularly and search through the used-car online showroom and you’ll be sure to find your dream car at a bargain price in no time at all.

4. Insurance: You can save on your monthly car insurance premium

Find out what your insurance provider will charge you each month on your insurance premium for a used vs. a new version of the same or a similar car. You just might save more than you think.
If your insurance company is insuring you for the market value of your car, this means that an insurance quote on a new car will be linked to the new car value at the time of purchase, while the used car has already depreciated when the prior owner drove it off the showroom floor, meaning that you benefit from a lower insurance premium based on the purchase price and related market value of the pre-owned vehicle.

5. Car Maintenance, Warranties & Service costs: Buying pre-owned doesn’t have to mean you’re not covered

Some people are concerned with the cost of maintaining a pre-owned car. They prefer buying new cars which include service and maintenance plans. Remember that if you buy a pre-owned car with low mileage it may very well still be on the service and maintenance plan and you could have the option to purchase an extended service or maintenance plan.
Most manufactures now also bring out cars with high kilometre warranties, so a used car with 30,000km on the clock could be under warranty until it reaches 100,000km or a certain age. If you do your homework and find a well looked after pre-owned car then the money you will spend maintaining it will almost always be less than the cost of buying a similar new car.  Do your research and find out if your used-car is still covered by any warranties, service or maintenance plans.


 There you go… You now have five undisputable reasons why you should consider buying a pre-owned car. The trick is to do your research and exercise a little patience. By ‘research’ we don’t necessarily mean spending your Saturday mornings fighting off traffic to launch your search for your perfect car – just use Supergroup Dealerships Used Car Finder and find your dream car from the comfort of your home.
*Pricing correct at time article was published. Now it serves only as an example.
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